EFCC Arrests Ex-NDDC MD Nsima Ekere Over Alleged N47bn Fraud

Operatives of the Economic and Financial Crimes Commission (EFCC) on Wednesday arrested the former Managing Director of the Niger Delta Development Commission (NDDC) Nsima Ekere for alleged diversion of funds to the tune of N47 billion through registered contractors of the agency. This is according to the Commission’s spokesperson Wilson Uwajaren who confirmed it to Channels Television. The former NDDC boss was the All Progressives Congress (APC) governorship candidate for Akwa Ibom in the 2019 elections. He also lost the People’s Democratic Party (PDP) gubernatorial primary election to Governor Emmanuel…

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EFCC Arrests Ahmed Idris, Accountant General of the Federation for N80billion Fraud

Operatives of the Economic and Financial Crimes Commission, EFCC, on Monday, May 16, 2022 arrested serving Accountant General of the Federation, Mr. Ahmed Idris in connection with diversion of funds and money laundering activities to the tune of N80billion (Eighty Billion Naira) only.   Read Also : Corruption charged Magu, 5 others get promoted to AIG   The Commission’s verified intelligence showed that the AGF raked off the funds through bogus consultancies and other illegal activities using proxies, family members and close associates. The funds were laundered through real estate…

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Corruption charged Magu, 5 others get promoted to AIG

The Police Service Commission has confirmed the promotion of former Acting Chairman, Economic and Financial Crimes Commission, Mustafa Ibrahim Magu as an Assistant Inspector General of Police, along with five others. AIG Magu Ibrahim who is proceeding on retirement, is the most senior in the CP cadre and missed the last two promotions after returning to the Police from the EFCC. This is just as the PSC confirmed the promotion of Mr. John Ogbonnaya Amadi as a Deputy Inspector General of Police, to take over from late DIG Joseph Egbunike…

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Litany of Politicians arrested by the EFCC and their situation

Welcome to Nigeria, where EFCC often arrest most past leaders aside the sacred ones who are untouchable. However, those arrests often die a natural death. This issue of EFCC arresting politicians in Nigeria is nothing but a huge joke… Below are the litany of the previous leaders arrested by the EFCC and where they are… 1. Danjuma Goje Accused of mismanaging N25bn state funds by the EFCC Where is he now: Senate 2. Stella Oduah Accused of diversion of N3.5bn by the EFCC Where is she now: Senate 3.Orji Uzor…

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Breaking :EFCC Arrests Willie Obiano at Lagos Airport

The Economic and Financial Crimes Commission on Thursday arrested former Anambra State Governor, Willie Obiano at the Murtala Muhammad International Airport Lagos. Obiano, who has been on the Commission’s watchlist, was arrested at about 8.30pm. He was reportedly on his way out of the country to Houston, Texas in the United States. More details to come…

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Appeal Court Upholds Final Forfeiture Order Of Diezani’s $40m Worth Of Jewelry

The Court of Appeal sitting in Lagos has upheld the final forfeiture order on the $40 million worth of jewellery seized from the premises of the former Minister for Petroleum, Diezani Allison-Madueke. Justice Festus Obande, who read the judgment on Friday, held that there was no substance in Alison-Madueke’s bid to overturn the lower court’s order and subsequently dismissed the move by the former Minister to challenge the forfeiture order. Barring any appeal by the former minister to the Supreme Court, the jewelleries are to be forfeited to the Federal…

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EFCC, Prison Officials Clash Over Custody Of Maina(video)

Officials of the Economic and Financial Crimes Commission (EFCC) and the Nigerian Correctional Services (NCS) clashed on Monday over custody of former pension boss, Abdulrasheed Maina after he was handed an eight-year jail sentence. Channels Television observed the drama unfolding as Maina was led out of the court at the close of trial by officers of the correctional center, but the EFCC insisted he went with them. Both agencies finally reached common ground and drove out of the court premises with Maina heading to the Kuje Correctional Center. Justice Okon…

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Obi Cubana released from EFCC custody

Popular socialite and businessman, Obinna Iyiegbu, aka Obi Cubana, has been released. This comes three days after he was detained by the Economic and Financial Crimes Commission over alleged money laundering and tax evasion. The Anambra-born club owner was reportedly arrested on Monday afternoon and was granted administrative bail on Tuesday. A source in the EFCC told SaharaReporters that it was routine for any detained suspect in its custody to be granted administrative bail. “It is routine that once anyone is detained beyond a day, we give ‘Administrative Bail’ conditions…

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Obi Cubana posts on Instagram after release from EFCC custody

The overnight stay of Obi Cubana at the Economic and Financial Crimes Commission (EFCC) means the agency has a serious case against him. There are indications the socialite has been released as he posted on his Instagram handle 4pm on Tuesday. “I love you all, Unbroken”, the caption read. A security source told newsmen that spending the night in EFCC custody means Obi Cubana was throughly grilled.   Read Also : CBN unveils ‘100 for 100’ policy criteria   “They have a serious case against him. Definitely. Many people have…

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Breaking : EFCC Arrests Socialite Obi Cubana

The Economic and Financial Crimes Commission (EFCC) has arrested a socialite Obinna Iyiegbu, better known as Obi Cubana. Obi Cubana is being questioned at the commission’s headquarters in Abuja.  He arrived at the EFCC office around noon on Monday. Although details of allegations against the Anambra-born tycoon are still sketchy, a source told Channels Television that his case borders on alleged money laundering and tax fraud. When contacted, the spokesman of the Commission, Wilson Uwujaren said he was yet to be briefed on the development. Earlier in the year, Obi…

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