The Federal High Court in Maitama, Abuja, has sentenced Chima Hyginus Nkwocha, popularly known as “Young Billionaire,” to prison for cheating by impersonation and money laundering. Nkwocha was arraigned by the Economic and Financial Crimes Commission (EFCC) before Justice Emeka Nwite on a two-count charge. The charges included impersonating several individuals to defraud an American, … Read more
An Ikeja Special Offences Court on Wednesday dismissed the application filed by the embattled ex-Governor of Central Bank, Godwin Emefiele, challenging the jurisdiction of the court to hear his case. The Economic and Financial Crimes Commission (EFCC) had filed a 26-count charge against Emefiele, for alleged misuse of office, resulting in losses of … Read more
The Economic and Financial Crimes Commission (EFCC) has dismissed 27 officers from its workforce over fraudulent activities and misconduct. Henzodaily reports that the EFCC spokesperson, Dele Oyewale, said in a statement on Monday that the dismissal was approved by the chairman of the commission, Ola Olukoyede. The anti-graft agency also said the latest development aligns with its … Read more
The Socio-Economic Rights and Accountability Project (SERAP) has called on Mele Kolo Kyari, Group Chief Executive Officer of the Nigerian National Petroleum Company (NNPCL) Limited, to provide a detailed account of the alleged missing ₦825 billion and $2.5 billion allocated for refinery rehabilitation and other oil revenues. Henzodaily reports that these discrepancies were highlighted in the … Read more
Justice Emeka Nwite of the Federal High Court in Abuja has permitted the Economic and Financial Crimes Commission (EFCC)’s application to freeze 24 bank accounts domiciled in different banks over allegations bordering on terrorism financing. Justice Nwite granted the application after EFCC’s lawyer, Martha Babatunde, moved an ex-parte motion to the effect. He … Read more
A Federal High Court in Abuja has approved the Economic and Financial Crimes Commission (EFCC) to freeze 24 bank accounts held in various financial institutions due to allegations related to terrorism financing. Henzodaily reports that Justice Emeka Nwite issued the ruling after EFCC’s attorney, Martha Babatunde, presented an ex-parte motion. The court authorized the commission … Read more
Former Governor of Kogi State, Yahaya Bello has returned home after fulfilling his bail conditions and being released from the Kuje Minimum Custodial Centre in Abuja. TheNewsGuru.com (TNG) reports ex-Governor Bello was received and welcomed by the incumbent Governor of Kogi State Ahmed Usman Ododo and his jubilant supporters. Former Kogi State Governor Yahaya Bello … Read more
Former Kogi State Governor, Yahaya Bello, has been released from the Kuje Correctional Centre after meeting the bail conditions in the case against him by the Economic and Financial Crimes Commission (EFCC). Henzodaily gathered that Bello was released on Friday evening after meeting the ₦500m, and other bail conditions slammed against him by the Federal … Read more
The Economic and Financial Crimes Commission (EFCC) may have invited the suspended chairmen of the 18 local governments in Edo to its office for interrogation. The invitation was contained in a letter by EFFC Director of Investigation, Abdulkarim Chukkol and addressed to the Secretary to the State Government. Chukkol, in the letter dated Dec. 17, … Read more
A Federal Capital Territory (FCT) High Court is set to hear a fresh bail application filed by Yahaya Bello, former governor of Kogi State, on Thursday. Bello is facing trial alongside his co-defendants, Umar Shoaib Oricha and Abdulsalami Hudu, over allegations of money laundering amounting to ₦110 billion. The trio was arraigned on November 27 … Read more