EFCC Assures Of Transparency In Privatization Process

Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu has expressed the Commission’s readiness to partner with the Bureau of Public Enterprise, BPE, in ensuring transparency in the dispose of government properties. Magu said this while receiving the Director- General of the Bureau Alex A.Okoh and other management staff of the Bureau…

Shell, Staff Donate Relief Materials, N300m To Flood Victims In Niger Delta + Photos

STAFF and management of The Shell Petroleum Development Company of Nigeria Limited (SPDC) have spent the last two weeks working as volunteers in the distribution of relief materials worth over N300 millions to communities affected by devastating floods in the Niger Delta states of Rivers, Bayelsa, and Delta. With staff making personal cash donations, SPDC’s…

Oriolowo, APC Senatorial Candidate Promises Responsible Representation; Kicks Off Consultations 

Senatorial candidate of the All Progressives Congress (APC) for Osun West District, Engr. Adelere Adeyemi Oriolowo, on Thursday kicked off a four-day tour of the entire senatorial district. This was just as he promised responsible representation of the people of the senatorial district when elected. A statement by the Oriolowo Media Office, which was made…

Behold! Faces Of Internet Fraudsters; 24 Undergraduates, 12 Others In EFCC For Cyber Crime

The Economic and Financial Crimes Commission,  (EFCC) Ibadan Office has arrested 34 suspected internet fraudsters at 21, Sawmill Road Awa-Ijebu, Ogun State. The suspected cyber criminals who are between 19 and 37 years of age include:  twenty-three students of Olabisi Onabanjo University,  out of which nine were ladies who allegedly claimed to be girlfriends and…

Stop Being Tools In Hand Of Politicians, Magu Warns Bureaux De Change Operators

Ahead of 2019 general elections, the Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has warned Bureau de Change operators to stop aiding corrupt practices of politicians, as he vowed to prosecute operators and bankers who fail to comply with laws guiding the financial regulating system. Magu made this known on…

N-Power To Become Africa’s Largest Post-tertiary Job Scheme – Osinbajo; Targets 1m Beneficiaries In 2019 

Following the successes recorded in the N-Power programme of the Buhari administration and the growing need for government’s direct intervention in job creation, the Federal Government will expand the N-Power scheme to accommodate 1 million beneficiaries in the next phase, according to Vice President Yemi Osinbajo, SAN. The Vice President who stated this while responding…

N5bn Fraud: Former Katsina Gov Shema Spent SURE-P Fund On Politics, ex-PA Tells Court 

A prosecution witness in the ongoing trial of the former Katsina State Governor, Ibrahim Shehu Shema, by the Economic and Financial Crimes Commission (EFCC), before Hon. Justice Hadiza Rabiu Shagari of the Federal High Court sitting in Katsina State, on Tuesday revealed to the court how Shema allegedly used funds meant for the Subsidy Reinvestment…

EFCC Intercepts Dubai-bound N211m Worth Of Gold At Lagos Airport

Operatives of the Economic and Financial Crimes Commission (EFCC), have intercepted gold worth about N211 million being illegally transported through the Murtala Mohammed International Airport, Lagos en route Dubai. Following intelligence reports, the operatives on November 9, 2018 uncovered the gold weighing about 35kg just at the point of departure of a suspect currently in…

N243m INEC Fraud: Court Dismisses Application Challenging Jurisdiction

Justice Fadawu Umar of the Borno State High Court, Maiduguri on November 13, 2018 dismissed an application filed by Kabir Bello and Musa Buba Amshi challenging the jurisdiction of the court to try them, and the power of the Economic and Financial Crimes Commission, EFCC, to prosecute them. Bello, a retired Assistant Director, Public Affairs…

EFCC Re-arraigns ex-Air Chief, Amosu, Others For N21bn Fraud

The Economic and Financial Crimes Commission (EFCC), on Tuesday, November 13, 2018, re-arraigned a former Chief of Air Staff,  Air Marshall Adesina Amosu (retd.)  and two others before Justice C. J. Aneke of the Federal High Court sitting in Ikoyi, Lagos on an amended  13-count charge bordering on money laundering to the tune of N21bn. Amosu  is facing trial alongside  Air…

African Governance Report On Institutional Architecture To Address IFFs From Africa

The Economic Commission for Africa will assemble a group of experts this week in Addis Ababa for a discussion on how to enrich and shape the forthcoming sixth edition of the African Governance Report (AGR VI ) themed: ‘Institutional Architecture to Address Illicit Financial Flows from Africa’. Expected at the meeting are experts from governments,…