The Economic and Financial Crimes Commission (EFCC) has said that it has carried out its largest single-day operation against cryptocurrency and romance scam networks, arresting 792 suspects in Lagos. Addressing a press conference on Monday, Wilson Uwujaren, EFCC spokesperson, said the arrests took place at a seven-storey building in Victoria Island, Lagos. Uwujaren said the suspects include 114 Chinese …

Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a suspected online fraudster, Osang Otukpa, for allegedly duping 139 Australians to the tune of $AUD8,000,000. Otukpa was arrested at the Murtala Muhammed International Airport, Ikeja, Lagos upon arrival from the United States of America on Friday, 6 December 2024. A statement on Friday by the EFCC’s Head of …

Justice Jude Onwuegbuzie of the High Court of the Federal Capital Territory (FCT), on Monday, gave a ruling on a final forfeiture of an estate in Abuja measuring 150,500 square metres and containing 753 units of duplexes and other apartments. This is the single largest asset recovery by the Economic and Financial Crimes Commission (EFCC) since its inception in 2003. …

Justice Maryanne Anenih of the Federal Capital Territory High Court in Abuja on Wednesday ordered the remand of a former Kogi State Governor, Yahaya Bello in the custody of the Economic and Financial Crimes Commission. The judge also adjourned till  10 December, 2024, to rule on his bail application. Bello and two others, Shuaibu Oricha and Abdulsalam Hudu, are facing …

A former Governor of Kogi State, Yahaya Bello, has again honoured the invitation of the Economic and Financial Crimes Commission over alleged misappropriation of funds. It was gathered that the embattled former governor went to the anti-graft agency office on Tuesday morning in the company of his lawyers. His visit to the commission follows the Supreme Court judgment which dismissed …

The Economic and Financial Crimes Commission has apprehended 15 individuals suspected of engaging in internet fraud in Makurdi, Benue State. According to a statement on Tuesday via X, the arrests were made by operatives of the Makurdi Zonal Directorate at Abu King Shuluwe Street, Akpehe, following actionable intelligence on their alleged fraudulent activities. The EFCC added that various items were …

Former Governor of Edo State, Godwin Obaseki, is on the watch list of the Economic and Financial Crimes Commission (EFCC), according to The PUNCH. This is just as our The PUNCH gathered that the anti-graft agency had commenced an investigation into transactions, including contracts awarded during his tenure as the governor of Edo State. Obaseki, who bowed out of office …

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, said the Supreme Court’s judgment has placed the commission on a stronger pedestal to fight economic and financial crimes and other acts of corruption. The apex court had on 15 November 2024, dismissed the suit by 19 state governors challenging the constitutionality of the establishment and functioning of …

The former Chairman of the House of Representatives Committee on Financial Crimes, Hon. Kayode Oladele, has lauded the recent Supreme Court judgement dismissing the suit filed by 19 states of the federation challenging the establishment and prosecutorial powers of key anti-corruption agencies of the federal government; the Economic and Financial Crimes Commission, (EFCC), Independent Corrupt Practices and Other related Offenses …

The House of Representatives Committee on Public Accounts has disclosed that approximately 65,000 projects worth N32 trillion are abandoned nationwide. The committee, however, asked the Economic and Financial Crimes Commission (EFCC), to act on the report it would send to it after the conclusion of its assignment. According to the committee, some of the abandoned projects included key infrastructure, with …