The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has said the agency had recovered some money from crypto bridge exchange (CBEX), a failed digital investment and trading platform. In an interview on a national television programme, Olukoyede announced that the EFCC had made some arrests in connection with the CBEX fraud. The EFCC chairman said the …

The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has called for greater commitment, integrity, and professionalism from operatives of the Commission as it intensifies efforts to combat economic and financial crimes in the country. Speaking after a three-day Management Retreat for EFCC Directors in Uyo, Akwa Ibom State, on Saturday, Olukoyede stressed that the agency’s effectiveness …

The Chairman of the Economic and Financial Crimes Commission (EFCC), Olanipekun Olukoyede, disclosed that he turned down offers of about N500 million from various individuals during his mother’s funeral in 2019. Olukoyede spoke at the 38th Anti-Corruption Situation Room in Abuja on Thursday with the theme: Ethics, Integrity, Corruption Risk Assessments and Anti-Corruption at National and Sub-National levels: Sustaining the …

There is a troubling trend: internet fraudsters popularly known as “Yahoo Yahoo boys” are on the prowl — and menacingly so. As if the crime of defrauding people of their hard-earned money under false pretense is not already too much, their greed and insatiable quest for ostentatious lifestyle have pushed them into other dangerous and violent crimes. Unsuspecting young ladies are …

Civil Society Organisations (CSOs) under the aegis of the Initiative for Leadership and Economic Watch in Nigeria have expressed their desire to team up with the Economic and Financial Crimes Commission (EFCC) on monitoring budgets at the national and sub-national levels to ensure optimal performance. During a courtesy visit to EFCc’s Executive Chairman, Mr. Ola Olukoyede at the headquarters in …

A Non-Governmental Organisation, Journalists Against Corruption (JAC) has commended the Economic and Financial Crimes Commission (EFCC) over the dismissal of 27 of its officials for fraudulent activities and misconduct. In a statement in Abuja on Wednesday, JAC’s Project Coordinator, Kehinde Osifisan said: “This development marks the beginning of a new dawn in the EFCC. Since its inception in 2002, this …

When President Bola Tinubu approved the appointment of Mr. Olanipekun Olukorede as the Executive Chairman of the Economic and Financial Crimes Commission (EFCC) on 12 October 2023 and his subsequent confirmation by the Senate six days later, there was no drama or any inkling as to expectations from the anti-graft body under the new helmsman at a period when not …

The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has said the level of corruption in the power sector would make people cry. He put it this way: “As we speak, we are grappling with electricity. If you see some of the investigations we are carrying out within the power sector, you will shed tears. “People …

Recently, there have been simulated hues on the activities of the nation’s foremost anti- corruption agency, the Economic and Financial Crimes Commission (EFCC). Since the appointment of Mr. Olanipekun Olukoyede as Chairman of the commission last October, there is no doubt that the fight against corruption has taken a new vista. A new Sheriff is in town! The EFCC under …

Anti-Corruption Civil Society Organisations (CSOs), on Wednesday, warned the Economic and Financial Crimes Commission (EFCC), under the leadership of Ola Olukoyede, to refrain from allowing “cankerworms of the previous management left in the system” rubbish his credentials as the head of the Commission. They spoke in a statement jointly signed and released to journalists in Abuja on Wednesday. The anti-corruption …