The Economic and Financial Crimes Commission (EFCC), yesterday arraigned the owners of Telcom Satellites TV (TSTV), before the Federal High Court in Abuja, on a nine-count charge that bordered on alleged tax evasion and money laundering. Those the anti-graft agency docked before trial Justice Inyang Ekwo were the Managing Director and Chief Executive Officer of the Indigenous direct-to-home TV service …

In a bid to further strengthen its crusade against the abuse of the naira, the Economic and Financial Crimes Commission (EFCC), has announced a 5% reward for whistleblowers who provide credible information leading to the prosecution of offenders. Spokesman of the EFCC, Dele Oyewale disclosed this as guest on the EFCC 97.3FM Abuja talk show yesterday. Oyewale emphasized the commission’s …

The Economic and Financial Crimes Commission (EFCC) on Friday arrested 40 suspected internet fraudsters in Abuja. The dawn operation, which was carried out following credible intelligence on the suspects’ involvement in various internet fraud schemes, resulted in the apprehension of 18 suspects in Dawaki axis, while 12 others were arrested in different parts of the capital city. The EFCC team, …

The Economic and Financial Crimes Commission (EFCC) has arrested over 200 suspects in connection with foreign exchange scams and manipulation of the financial markets. Sources privy to the development but were not authorised to speak to The PUNCH on Wednesday that over 200 suspected Bureau De Change (BDC) operators were in EFCC custody across the country. One of the sources …

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, on Saturday, called on Compliance Officers of Banks across the country to desist from unauthorized disclosure of EFCC’s investigation activities and requests from banks to their customers. In a statement by Head of Media and Publicity, Dele Oyewale, in Ibadan, Oyo State capital, Olukoyede decried the unhealthy …

The Economic and Financial Crimes Commission (EFCC) is to arraign former Aviation Minister, Senator Hadi Sirika before Justice Sylvanus Oriji of the High Court of the Federal Capital Territory (FCT), Maitama on Thursday. Sirika, who served in the administration of former President Muhammadu Buhari, would be arraigned on a six -count amended charge. He will be arraigned alongside three others, …

The Economic and Financial Crimes Commission (EFCC) has submitted additional proof of evidence against the former Governor of the Central Bank of Nigeria, Mr. Godwin Emefiele. During the court hearing on Friday, Emefiele’s counsel, Olalekan Ojo requested an adjournment to review the new evidence before continuing the cross-examination of John Ikechukwu Ayoh, the second prosecution witness. Ojo accused the EFCC …

The Economic and Financial Crimes Commission (EFCC) has said that it would continue with the alleged N70 billion corruption case against the Minister of State for Defence, Alhaji Bello Matawalle, during his tenure as the Governor of Zamfara State from 2019 to 2023. Addressing protesters under the aegis of the All Progressives Congress (APC) Akida Forum, who were at the …

The chairman of the Economic and Financial Crimes Commission (EFCC), Olanipekun Olukoyede has recounted how a 17-year-old yahoo boy (internet fraudster) hacked his BVN and bank account details using his mobile number. How 17-year-old hacker stunned me with impressive IT skills — EFCC chairman Credit: TV Platinum pic.twitter.com/SFjyKDBl9H — Vanguard Newspapers (@vanguardngrnews) May 2, 2024 Olukoyede disclosed this while addressing …

The Economic and Financial Crimes Commission (EFCC) has arrested former Minister of Aviation, Senator Hadi Sirika over an ongoing N8,069,176,864.00 money laundering probe. The indicted former Minister of Aviation arrived at the Federal Capital Territory Command of the EFCC at about 1:00 pm on Tuesday. Following his arrival at the command, Sirika is currently meeting with EFCC investigators to answer …