Former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has been released after meeting the bail conditions granted him by the court. Emefiele, who arrived at the Lagos High Court, Ikeja in custody of operatives of the Economic and Financial Crimes Commission (EFCC) on Friday, left for his home after the court proceedings. Justice Rahman Oshodi, who …

The Economic and Financial Crimes Commission (EFCC) is probing 50 bank accounts, as it recovered N30 billion in the case of the suspended Minister of Humanitarian Affairs, Dr. Betta Edu, and the ongoing probe of the ministry over alleged money laundering. The latest development was revealed in a bulletin titled, ‘EFCC Alert’, detailing some major arrests, prosecutions, and recoveries made …

Former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele has been remanded in the custody of the Economic and Financial Crimes Commission (EFCC). Emefiele was arraigned on Monday by the Federal Government alongside his co-defendant, Mr. Henry Omole, before Justice Rahmon Oshodi of the Lagos High Court (Ikeja division). The two defendants pleaded not guilty to the …

The Economic and Financial Crimes Commission (EFCC) has filed a fresh 26-count charge bordering on abuse of office and corruption against former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele. He will be arraigned before Justice Rahman Oshodi of the Lagos High Court, Ikeja on Monday on counts bordering on accepting gratification, accepting gifts through agents, corruption, …

A Federal High Court in Abuja has adjourned the money laundering suit against Binance Holdings Limited and its official till 8 April. The trial judge, Justice Emeka Nwite, adjourned the matter for ruling after listening to the parties’ submissions on the service of the charge on Binance Holdings Limited. The defendants; Binance Holdings Limited and Tigran Gambaryan were meant to …

The Economic and Financial Crimes Commission (EFCC) has arrested and detained controversial cross-dresser, Idris Okuneye (well known as Bobrisky) over abuse of Naira, “spraying” of Naira notes and currency mutilation. Bobrisky, who has been embroiled in several controversies over the past weeks, was arrested in Lagos on Wednesday night, and has since been detained at the Lagos command of the …

Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede has dismissed insinuations that the agency is only going after internet fraudsters, popularly known as “Yahoo boys’. Olukoyede assured that he will lead a broad-based and holistic anti-graft war that would not spare anyone linked with any form of economic and financial crimes. The EFCC boss stated this …

The trial of Binance Holdings Limited and its executives Tigran Gambaryan and Nadeem Anjarwalla by the Economic and Financial Crimes Commission (EFCC) for an alleged money laundering case of $35,400,000 will take place on Thursday. The EFCC formally charged Binance Holdings Limited, Gambaryan, and Anjarwalla with money laundering on 28 March. Anjarwalla, who fled Nigeria and is now in hiding, …

The Abuja Zonal Command of the Economic and Financial Crimes Commission has handed over documents of properties and 324 houses recovered for Kano State pensioners to the affected individuals. The development was a result of an investigation carried out by the EFCC into a N4.1 billion Pension Trust Fund denied pensioners by successive Kano State government administrations. The EFCC probe …

Economic and Financial Crimes Commission (EFCC), has increased the charges against Abiodun Agbele, the associate of the former Ekiti State governor, Ayodele Fayose from 11 to 24. The EFCC had in 2016 arraigned Agbele,  alongside a former minister of state for defence, Musliu Obanikoro; Sylvan Mcnamara Limited; Lt. A.O Adewale; Tunde Oshinowo and Olalekan Ogunseye (all at large) at a …