Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested 74 suspected internet fraudsters in the Federal Capital Territory, Abuja. The suspects were apprehended on Monday, at Joyous Hotel in Nyanya, a suburb of the capital city, following credible intelligence linking them to internet-related crimes. According to a statement by the EFCC spokesperson, Dele Oyewale, items recovered during the …

The Economic and Financial Crimes Commission (EFCC) has rejected an application by the immediate past governor of Kogi State, Yahaya Bello, for an approval of a Federal High Court in Abuja to allow him to travel abroad for a medical check-up. Bello is standing trial for alleged money laundering amounting to N80.2 billion, and he is being prosecuted by the …

The Economic and Financial Crimes Commission (EFCC) has arrested a former Chief Financial Officer (CFO) of NNPC Limited (NNPCL), Umar Isa, over an alleged $7.2 billion fraud connected to the rehabilitation of the Kaduna, Warri and Port Harcourt refineries. Also in the custody of the EFCC is a former Managing Director of Warri Refinery, Jimoh Olasunkanmi. As CFO, Isa was …

Operatives of the Makurdi Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have arrested the Special Adviser to the Benue State Governor on Documentation, Research and Planning, Dr. Mkor Aondona for alleged sextortion and cyber bullying. Aondona was reportedly arrested last Friday in Makurdi, the state capital, following allegations of some female students accusing the governor’s aide of …

The Economic and Financial Crimes Commission (EFCC) has arrested a former Speaker of Plateau House of Assembly, Rt. Hon. Moses Sule, alongside 14 former lawmakers over allegations of money laundering and abuse of office. In a statement in Abuja on Wednesday, the commission’s spokesman said that  the suspects were arrested by operatives of the EFCC’s Makurdi Zonal Directorate on Tuesday, …

The Economic and Financial Crimes Commission (EFCC) has re-arraigned the Bauchi state accountant-general, Sirajo Jaja over his alleged involvement in a N1.48 billion fraud. Jaja was re-arraigned before Obiora Egwuatu, judge of a federal high court in Abuja, alongside Aliyu Abubakar, a Bureau de Change operator, and his company, Jasfad Resources Enterprise. The defendants are facing a five-count amended charge …

The Economic and Financial Crimes Commission (EFCC) has arraigned a Director of Glossolalia Nigeria Limited, Precious Williams for allegedly defrauding over 3,000 investors of N13.8 billion through a phoney investment scheme. Williams, who is also a Director of Pelegend Nigeria Limited, was brought before Justice Sa’adatu I. Mark, of a Federal High Court in Port Harcourt, the Rivers State capital, …

The Economic and Financial Crimes Commission (EFCC), has revealed that politically exposed persons (PEPs), in Nigeria are using internet fraudsters, popularly known as ‘yahoo-yahoo boys’, to launder billions of naira in stolen public funds into offshore accounts. EFCC chairman, Ola Olukoyede, who disclosed this at a briefing in Abuja yesterday, said the involvement of politicians in these illicit activities highlights …

The Economic and Financial Crimes Commission (EFCC) has arraigned two Chinese nationals, Zhang Hong Lin and Gao Pei Hai, before the Federal High Court in Lagos, on charges of alleged illegal mining and possession of mineral resources. They are facing five counts bordering on conspiracy, illegal mining, and unlawful possession of mineral resources, including lithium and copper. Lin and Hai …

The Economic and Financial Crimes Commission (EFCC) on Wednesday declared two more individuals wanted in connection with an alleged fraud case linked to a digital trading platform, Crypto Bridge Exchange, popularly known as CBEX. The suspects, identified as Folashade Odelana and Bamidele Ayodele Abiodun, were accused of orchestrating fraudulent activities that reportedly led to significant financial losses for unsuspecting investors. …