EFCC

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Background

News

Full Story behind EFCC arrest of Inksnation Ponzi Scheme Operator

There has been reported cases on the suspicious activities of Pinkoin and InksNation and the Economic and Financial Crimes Commission of Nigeria (EFCC) has reportedly declared the founder of the popular Nigerian cryptocurrency, Pinkoin, and the block chain project, InksNation, wanted following a fraud case to the tune of 32 million Naira (Approx. $82, 700).   The SEC (Security and Exchange Commission) Nigeria has previously flagged the products of InksNation, including […]

todayMay 30, 2021 9

Cybercrime: EFCC Apprehends Ten Internet Fraudsters In Enugu

Crime

Cybercrime: EFCC Apprehends Ten Internet Fraudsters In Enugu

Ten suspected internet fraudsters was arrested by the Economic and Financial Crimes Commission, EFCC, Enugu Zonal Office The suspected fraudsters are Ben-Ihedi Lucky, Akam Abraham Odinaka, Kanu Chinemerem, Ben-Ihedi Victor and Okechukwu Kelvin were arrested for various offences bordering on cybercrime in Enugu State. The remaining suspect are Emenike Michael, Godswill Nkemjika, Emmanuel Samuel and Ethasor Emmanuel. The commission said they were arrested at Monarch Avenue, Maryland, Enugu. Two Lexus […]

todayMay 19, 2021 5

National

Just In: Former Imo Governor Reacts To His Arrest By EFCC

Former Imo State Governor, Rochas Okorocha, has insisted he was merely invited and not arrested by the Economic Financial Crimes Commission (EFCC) on Tuesday. EFCC Head of Media, Wilson Uwujaren, confirmed Okorocha was picked up from his private office. However, Okorocha in a statement signed by his spokesman, Sam Onwuemeodo, stated that the EFCC facility is not “a slaughterhouse” and was only investigating his activities while he was Governor, following […]

todayApril 14, 2021

National

EFCC Directs Banks Staff To Declare Assets, Gives Deadline

The Economic and Financial Crimes Commission, EFCC, has demanded all bankers and operators in Nigeria’s financial system to declare their assets latest June 1. EFCC chairman Abdulrasheed Bawa on Tuesday told reporters at the Presidential Villa that the move is part of measures to sanitise the nation’s financial system and block loopholes exploited by unscrupulous players to undermine the Nigerian economy through money laundering and illicit financial flows. Mr. Bawa, […]

todayMarch 17, 2021

National

Ondo Assembly Confirms EFCC Investigation Of Multi-million Naira Fraud

Ondo State House of Assembly has confirmed that the Economic and Financial Crimes Commission (EFCC) is investigating some civil servants over alleged multimillion naira fraud. It, however, said Speaker Bamidele Oleyelogun has not been invited to answer questions over fraud. Other persons reportedly invited by the EFCC were Chairman, House Committee on Tertiary Education, Felemu Gudu Bankole; Deputy Clerk, Babatunde Amos Olowogorioye; Clerk, Bode Adeyelu and two civil servants, Olusegun […]

todayMarch 9, 2021

Business

Federal High Court rejects EFCC’s appeal seeking forfeiture of Saraki’s assets

A Federal High Court in Lagos has rejected an application by the Economic and Financial Crimes Commission (EFCC) seeking permanent forfeiture of some assets belonging to Bukola Saraki to the Federal Government. The ex-Senate President disclosed this in a statement on Thursday evening. “Earlier this afternoon, a Federal High Court sitting in Lagos rejected an application brought before it by the Economic and Financial Crimes Commission (EFCC) in which the […]

todayMarch 5, 2021 1

News

EFCC deepens Tinubu probe, asks CCB to produce asset declaration form

The Economic and Financial Crimes Commission has deepened its probe into All Progressives Congress stalwart, Bola Tinubu, The PUNCH has learnt. To this end, the EFCC has written a letter to the Code of Conduct Bureau, requesting copies of Tinubu’s asset declaration form. A copy of the letter which was published by an online news medium, The Peoples Gazette, revealed that the investigation into Tinubu began last year after the […]

todayMarch 3, 2021 4

National

EFCC deepens Tinubu probe, asks CCB to produce asset declaration form

The Economic and Financial Crimes Commission has deepened its probe into All Progressives Congress stalwart, Bola Tinubu, The PUNCH has learnt. To this end, the EFCC has written a letter to the Code of Conduct Bureau, requesting copies of Tinubu’s asset declaration form. A copy of the letter which was published by an online news medium, The Peoples Gazette, revealed that the investigation into Tinubu began last year after the […]

todayMarch 3, 2021

News

Breaking: Buhari Appoints Bawa New EFCC Chairman

President Muhammadu Buhari has asked the Senate to confirm Abdulrasheed Bawa as substantive Chairman of the Economic and Financial Crimes Commission (EFCC). In a letter to the President of the Senate, Ahmad Lawan, the President said he was acting in accordance with Paragraph 2(3) of Part1, CAP E1 of EFCC Act 2004. Mr Bawa, 40, is a trained EFCC investigator with vast experience in the investigation and prosecution of Advance […]

todayFebruary 16, 2021 13

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