The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, stated on Wednesday that the commission will continue to monitor bank transactions to curb financial flows to criminals, including bandits and terrorists. Olukoyede also highlighted the connection between corruption and insecurity, noting that corruption fosters poverty, which in turn makes unemployed citizens vulnerable to recruitment into banditry, kidnapping, …

The Executive Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has reiterated the commission’s commitment to rigorously enforcing financial laws, with a focus on cleansing the banking sector and insulating it from rogue activities. Olukoyede made this declaration on Tuesday at the Chartered Institute of Bankers of Nigeria’s 17th Annual Banking and Finance Conference, held at the Congress …

The Economic and Financial Crimes Commission (EFCC) has said the commission will soon begin the prosecution of some banks’ top officials for circumventing the rules of financial operation while aiding politically exposed persons to commit financial frauds, including money laundering. EFCC chairman Ola Olukoyede said the antigraft agency is committed to working with the Chartered Institute of Bankers of Nigeria …

The Kaduna Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has arraigned one Ibrahim Shuaibu before Justice Darius Khobo of the Kaduna State High Court, sitting in Kaduna State for fraud. According to a Monday statement on EFCC X.com handle Shuaibu is facing prosecution on a seven-count charge, including criminal breach of trust, impersonation, and obtaining by false …

The Ilorin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) said it has arrested 44 suspected internet fraudsters at different locations in Ilorin, Kwara State. The Directorate arrested 56 suspected internet fraudsters only two days ago. The spokesperson of the agency, Dele Oyewale, said that “the suspects were arrested on Friday, 6 September 2024, at Sango, Kulende, Taxaco …

The Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has stressed the need to uphold transparency and accountability in the conduct of affairs in the country. He commended the Niger Delta Development Commission, NDDC, for refining its processes to uphold the principles of probity. Olukoyede, who spoke when a delegation of the NDDC management, led by …

The Economic and Financial Crimes Commission (EFCC) has said it is ready to deploy technology-driven facilities and avenues to fight economic and financial crimes and other acts of corruption. Its Chairman, Olanipekun Olukoyede, announced this at the inauguration of an electronic learning management studio at the commission’s academy in Abuja. Olukoyede said the studio would help to boost the intellectual …

The Economic and Financial Crimes Commission (EFCC) has released the sacked chairman of the National Hajj Commission of Nigeria (NAHCON), Jalal Arabi, and the commission’s secretary, Abdullahi Kontagora, on bail. Arabi and Kontagora were detained over alleged illegal withdrawal and the mismanagement of the N90 billion 2024 Hajj intervention fund. They were unable to meet their bail conditions and stayed …

The Executive Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has condemned the repackaging, rebranding, and resale of government palliatives intended for the masses. Olukoyede highlighted that this practice undermines the government’s efforts to alleviate the suffering of vulnerable individuals. He made these remarks during a visit by the Chief Executive Officer of the Federal Competition and Consumer …

The Executive Chairman of the National Hajj Commission of Nigeria (NAHCON), Jalal Arabi, and the commission’s secretary, Abdullahi Kontagora, are currently in the custody of the Economic and Financial Crimes Commission (EFCC) over the alleged mismanagement of the N90 billion 2024 Hajj subsidy, according to The PUNCH. In a document sighted by newsmen on Wednesday, the anti-graft agency said, “A …