Suspended Acting Chairman of the Economic and Financial Crimes Commission, IBRAHIM MAGU, has challenged his accusers to come up with evidence. MAGU threw the challenge when he appeared before the Special Panel that is investigating allegations against him. MAGU was responding to allegations that he collected bribe to allow one HIMA ABOUBAKAR who was facing investigation to…
A man identified as KOLAPO ODUWOLE has been charged for defrauding a bank customer of eighty million naira. ODUWOLE allegedly committed the crime while working as a staff of Union Bank of Nigeria. The suspect is alleged to have forged the signature of the bank’s Relationship Manager on three fixed deposits certificates, which he used to defraud…
The Socio-Economic Rights and Accountability Project, SERAP, says corruption case files of fifteen prominent Nigerians have gone missing. SERAP said the alleged missing case files involves investigations carried out by the Economic and Financial Crimes Commission, EFCC, and the Independent Corrupt Practices and Other Related Offences Commission, ICPC. SERAP’s Executive Director, ADETOKUMBO MUMUNI, said his groups would…
The Economic and Financial Crimes Commission, EFCC, has uncovered an organised group of women whose children are involved in internet fraud. EFCC spokesman, DELE OYEWOLE said members of the group call themselves as the Association of Yahoo-Yahoo Mothers. OYEWOLE, who made the revelation during a telephone interview with Lasgidi FM’s News Desk, said the finding shows the…
The Nigerian Financial Intelligence Unit has presented a report of its investigations of foreign exchange activities by the suspended Acting Chairman of the Economic and Financial Crimes Commission, IBRAHIM MAGU. This comes three days after the Abuja office of the Nigerian Financial Intelligence Unit was attacked by burglers. The report was presented to the presidential panel led…
The trial of former governor of Ekiti State, AYODELE FAYOSE, for alleged two-point-two-billion-naira fraud will continue on October 20, this year. Justice CHUKWUJEKWU ANEKE of the Federal High Court sitting in Lagos adjourned the trial on the request of the prosecuting counsel, ROTIMI JACOBS. Reports say JACOBS, who is prosecuting FAYOSE on behalf of the Economic and…