The Economic and Financial Crimes Commission (EFCC) says the rate of unauthorised withdrawals from bank accounts of customers has become alarming. The commission, through its Head of Media and Publicity, Dele Oyewale, stated this in a statement on Monday night. It noted that after some investigations, the commission found that such withdrawals are linked to Automated Teller Machine (ATM), Debit …

A businessman, Minnis Howard, has been arraigned by the Economic and Financial Crimes Commission (EFCC) for an alleged N822,422,260 fraud. Howard, alongside his company, Howard Minnis Asset Management Limited, was arraigned on Wednesday before the Lagos State Special Offences Court in Ikeja. In the two counts filed against him by the EFCC, he was accused of obtaining money by pretence …

The Economic Financial Crimes Commission (EFCC) has disclosed it would charge personnel of the Nigerian Air Force released on administrative bail by its Kaduna Zonal Command to court upon completion of its ongoing investigation. The NAF personnel were granted administrative bail last Friday. In a statement on Monday on its social media handles by its Head of Media and Publicity, …

There was a faceoff on Friday between officials of the Economic and Financial Crimes Commission (EFCC) and some personnel of the Nigerian Air Force (NAF) at the Kaduna Zonal Command of the anti-graft agency. The NAF personnel were said to have stormed the commission’s office in an attempt to release their colleagues earlier arrested by EFCC operatives for allegedly attempting …

Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested 14 suspected vote buyers in Otueke, Adawari playgrounds, Bayelsa State, and various polling units in Imo and Kogi states. This was disclosed by EFCC’s Head of Media and Publicity, Dele Oyewale. In a statement on Saturday, Oyewale said: “A total sum of N11,040,000―comprising N9,310,00 intercepted from suspected vote buyers …

Human rights lawyers, Tolu Babaleye and Inibehe Effiong have cautioned the Economic Financial Crimes Commission (EFCC) against activities similar to the disbanded special anti-robbery squad of the Nigeria Police. They stated this following the arrest of over 60 students of Obafemi Awolowo University, Ile-Ife, on Wednesday by officials of the commission in a midnight raid on off-campus hostels. The incident …

The Economic and Financial Crimes Commission (EFCC) has placed a ban on night  sting operations by its operatives. According to a statement by the anti-graft agency on Wednesday, its Executive Chairman, Mr. Ola Olukoyede gave the directive following the backlash of the arrest of 69 suspected internet fraudsters by operatives of the Ibadan Zonal of the commission in Ile-Ife, Osun …

A former operative of the Economic and Financial Crimes Commission (EFCC), Mr Abubakar Madaki has told a Federal High Court in Lagos how a former minister of state for defence, Musiliu Obanikoro, handed over the sum of N1,219,000,000 in cash to former Ekiti State governor, Ayodele Fayose. Fayose and his firm Spotless Investment Limited are being prosecuted by the EFCC …

A mild drama played out, as seven operatives of the Economic and Financial Crimes Commission (EFCC), in Ibadan, Oyo State, were attacked and held hostage by staff and students of the Federal College of Forestry, Idishin Estate, in the state. According to the Head of Media and Publicity of EFCC, Dele Oyewale, the operatives were in the college to authenticate …

The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede has directed staff members of the commission to immediately declare their assets in line with civil service regulations and procedures. Addressing senior staff members at the commission’s headquarters in Abuja on Tuesday, Olukoyede stressed that fighting corruption required those at the vanguard to be above board. He …