The Economic and Financial Crimes Commission (EFCC) has said that it would remove the former Director-General of the Labour Party Presidential Campaign Council, Dr Doyin Okupe, from its watchlist following his arrest by the Department of State Security Service at the Murtala Muhammed International Airport in Lagos on Thursday. Okupe was detained by the Department of State Services (DSS) on …

A Senior Advocate of Nigeria (SAN), Mr Olisa Agbakoba has said that the functions of the Economic and Financial Crimes Commission (EFCC) should be carried out by the police Special Fraud Unit (SFU). In recent time, EFCC and Agbakoba have been at loggerheads over an alleged fraud case linked to Ali Bello, identified as a nephew of Kogi State Governor, …

The Economic and Financial Crimes Commission (EFCC) secured 3,785 convictions across all its commands in 2022. The figure, which emerged from a review of the commission’s performance in the outgone year, shows a 70.5 percent improvement over its record for 2021 (2,220). It also represents a 98.93 percent success rate in prosecution given that the EFCC lost only 41 cases, …

The Economic and Financial Crimes Commission (EFCC) has concluded plans to auction property that are subjects of final forfeiture orders. The commission has invited interested persons or organisations to submit bids for the forfeited property latest by Noon on Monday, 9th January 2023. In a statement on Wednesday, EFCC’s spokesperson, Mr Wilson Uwujaren said: “The property consisting of 61 units …

The High Court of the Federal Capital Territory has set aside the contempt proceedings and all the orders of conviction for contempt against the Chairman of the Economic and Financial Crimes Commission (EFCC), Mr Abdulrasheed Bawa. Justice Chizoba Oji set aside the proceedings on Thursday after hearing an application brought by the EFCC Chairman. The application was brought pursuant to …

The Economic and Financial Crimes Commission (EFCC) has arrested a candidate into next year’s election into the Kogi State House of Assembly, Ismaila Atumeyi for being allegedly in possession of N326 million and $140,500 cash. Atumeyi, a member of the New Nigeria Peoples Party who is seeking to represent Ankpa II constituency, was arrested on Sunday alongside one Joshua Dominic, …

The Speaker of the Ogun State House of Assembly, Rt. Hon. Olakunle Oluomo, who was arrested by the Economic and Financial Crimes Commission (EFCC) on Thursday morning, has been released on bail. Oluomo was allowed to go home on Friday night and told to return to the anti-graft commission on Monday together with the Clerk and Accountant of the assembly. …

The Economic Financial Crimes Commission (EFCC)  and the Independent National Electoral Commission (INEC)  have sharply disagreed on the proposed establishment of Electoral Offences Commission (EOC). To INEC, EOC would not only help to take the campaign against electoral malpractices to “highly placed sponsors” but relieve it of the extra burden of prosecuting all electoral offenders. But the EFCC argued that the …

The Economic and Financial Crimes Commission (EFCC) abandoned 14 fraud cases involving N118 billion and $309 million during the tenure of Assistant Inspector General of Police Ibrahim Magu as acting Chairman. According to the presidential panel that investigated the former EFCC boss, Magu was also accused of not remitting a N48 billion loot recovered in foreign and local currencies. Magu …

The  Economic and Financial Crimes Commission (EFCC) has extradited one Adedunmola Gbadegesin to the United States over a wire fraud scam worth $148,000. Gbadegesin, who was extradited on Monday, is wanted in the US over an alleged conspiracy to commit wire fraud and money laundering. According to the EFCC, the office of the Attorney General of the Federation made a …