The Ilorin zonal command of the Economic and Financial Crimes Commission (EFCC) has arrested an herbalist and 48 suspected internet fraudsters for offences bordering on conspiracy and obtaining under false pretence in Lokoja, Kogi State. In a statement on Thursday, the anti-graft agency said: “They were arrested upon credible intelligence on Tuesday, March 5, 2024 at various locations in Lokoja. “The …

The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede has revealed the commission’s plans to investigate more than 3,000 financial crime cases. He explained that the 3,000 cases approved for investigation were part of the over 5,000 petitions received by the agency from different groups and Nigerians. Olukoyede said this at the 20th-anniversary lecture of the …

The Economic and Financial Crimes Commission (EFCC) has asked the Presidency, the Federal Judicial Commission, and other Ministries, Departments, and Agencies (MDAs), to submit their anti-corruption strategies, as part of the agency’s efforts to stop the abuse of contracts. All the MDAs have until 1 March to submit their strategies to the anti-graft agency. The directive was contained in separate …

Operatives of the Kano zonal command of the Economic and Financial Crimes Commission (EFCC) have arrested 11 suspected currency racketeers for allegedly selling new naira notes. According to a statement on Saturday by the agency’s Head of Media and Publicity, Mr. Dele Oyewale, the suspects were arrested last Monday, following intelligence that unmasked a syndicate of fraudsters operating in Kano. …

The Economic and Financial Crimes Commission (EFCC) has refuted claims of shooting students during an operation at Kwara State University hostels. In a statement by Head of Media and Publicity, Mr. Dele Oyewale shared on EFCC’s official account, the commission stated that there was no shooting of any student. The EFCC said the story of the shooting as reported by …

Operatives of the Ilorin Zonal Command of the Economic and Financial Crimes Commission (EFCC), have arrested two Chinese: Yang Chao, 39, and Xiao Jiang 38 for suspected illegal mining activities. According to the statement made available to journalists in Ilorin on Sunday by the Head of Media and Publicity of EFCC, the suspects were arrested alongside Chidi Joseph Osuji, 48, …

The Economic and Financial Crimes Commission (EFCC) has established a task force to tackle illegal forex trading and naira abuse. The commission is combating illegal forex trading against the backdrop of the continued depreciation of the naira against the US dollar. According to data from the financial market infrastructure group warehousing, also known as FMDQ, the naira depreciated to N1,537.96 …

The Economic and Financial Crimes Commission (EFCC), Ilorin Zonal Command, has arrested 41 suspects and impounded 12 trucks containing different types of solid minerals mined without license. Parading the suspects in Ilorin on Tuesday, EFCC Zonal Commander, Mr. Michael Nzekwe said that the suspects were picked from various locations including Patigi, Igbeti and Ogbomoso areas near Kwara state. The Commander …

The Economic and Financial Crimes Commission (EFCC) has recovered over N30 billion from the N37,170,855,753.44 allegedly laundered in the Ministry of Humanitarian Affairs under the former minister, Sadiya Umar-Farouk. Sources in the anti-graft agency, who spoke with The PUNCH on Friday, said the commission had also uncovered over N500 million from the scam associated with Umar-Farouk’s successor, Betta Edu, who was …

The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede has revealed that the anti-graft agency had uncovered how a religious sect in Nigeria is laundering money for terrorists. This was as he also revealed that another religious body was found to be protecting a money launderer after some money suspected to have been laundered was traced …