How I collected $600,000 for Emefiele – CBN ex-director tells court

A former Director of Information Technology of the Central Bank of Nigeria, CBN, John Ayoh, has explained how he collected $600,000 allegedly for contract gratification for the embattled ex-apex bank governor, Godwin Emefiele. Ayoh, while being led in evidence by the Economic and Financial Crimes Commission (EFCC) counsel, Mr Rotimi Oyedepo (SAN), on Monday, told…

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Alleged N109bn fraud: We never asked ex-accountant general to indict minister – EFCC

An Economic and Financial Crimes Commission, EFCC, detective, Mahmud Tukur, has denied promising the former Accountant General of the Federation, Ahmed Idris, leniency in exchange for indicting the former Minister of Finance and others. Accordint to Daily Post, Idris had told the Federal Capital Territory High Court that the EFCC deceived him to admit to…

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Ex-Accountant General of the Federation Alleges Deception by EFCC in N109 Billion Fraud Case

Former Accountant General of the Federation, Ahmed Idris, has accused the Economic and Financial Crimes Commission (EFCC) of deceiving him into admitting allegations against him. He claimed that the EFCC misled him, stating they wanted to use him to implicate the Minister of Finance and some governors. Idris, along with his co-defendants, Godfrey Olusegun Akindele,…

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Keyamo: EFCC is looking into Buhari’s ‘Nigeria Air’ agreement.

Festus Keyamo, the Minister of Aviation and Aerospace Development, has indicated that the Nigeria Air deal under the Buhari administration is currently under investigation by the Economic and Financial Crimes Commission (EFCC). Keyamo also affirmed that the relocation of the Federal Airports Authority of Nigeria (FAAN) headquarters from Abuja to Lagos will proceed as planned….

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Obiano granted bail following arraignment for suspected N4 billion fraud

Former Anambra Governor Willie Obiano has been granted bail after being brought before a Federal High Court in Abuja on a nine-count allegation of laundering over N4 billion. Obiano reportedly transferred the funds from security votes to various accounts. According to the EFCC, the offenses were committed between March 2014 and March 2022. Meanwhile, when…

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The Federal Government has filed a 20-count amended charge against Emefiele, incorporating charges of forgery, procurement fraud, and criminal breach of trust

The Federal Government has modified the accusations filed against former Central Bank of Nigeria (CBN) Governor Godwin Emefiele. Forgery, giving of illicit benefit, and criminal breach of trust are among the newly charged offenses. The government first brought 19 accusations against the former CBN governor, bordering on procurement fraud, but eventually reduced them to six….

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Two Ex-ministers are detained by the EFCC for suspected N3.6 billion loan fraud.

Charles Ugwu, a former minister of commerce and industry, was detained by the Economic and Financial Crimes Commission on charges of conspiratorial and N3.6 billion loan fraud. The late President Umaru Yar’Adua nominated Ugwu as a minister. Following a reorganization of the government that included 19 other ministers, he was fired. The former minister was…

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N585M SCANDAL: EFCC Seizes Passports of Former Minister Betta Edu, Sadiya Umar-Farouq

Due to ongoing investigations into issues inside the ministry, the passports of Betta Edu, the suspended Minister of Humanitarian Affairs and Poverty Alleviation, and Sadiya Umar-Farouq, her predecessor, have been confiscated by the Economic and Financial Crimes Commission, or EFCC. As of the time this report was filed at 7 p.m., Edu, who arrived at…

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