EFCC arraigns Yahaya Bello’s wife, nephew over ‘N3bn fraud’

The Economic and Financial Crimes Commission (EFCC) has arraigned Rashida, wife of Yahaya Bello, governor of Kogi, over alleged fraud. Also arraigned on Wednesday before a federal high court in Abuja was Ali Bello, identified as a nephew to the Kogi governor. In a statement by Wilson Uwujaren, EFCC spokesperson, the agency said the duo were docked alongside three other

54,000 Fraudulent Payroll Entries Detected In IPPIS, Says NSA

The Federal Government has uncovered about 54,000 fraudulent payroll entries in its Integrated Personnel and Payroll Information System (IPPIS) through the whistle-blowing policy. Mr Babagana Monguno, who is the National Security Adviser (NSA) disclosed this at the National Policy Dialogue on Corruption and Security organised by the Independent Corrupt Practices and Other Related Offences Commission (ICPC)

EFCC declares Mompha wanted for alleged fraud, money laundering

The Economic and Financial Crimes Commission (EFCC) on Wednesday declared Instagram celebrity, Ismaila Mustapha, better known as Mompha, wanted. The anti-graft agency, in a tweet, urged members of the public with information on his whereabouts to speak up. Among other offences, the EFCC said Mompha is wanted for laundering funds obtained through unlawful activities, false asset declaration

MTN’s Mobile Money Bank Suffers N22B Fraud

The newly licensed Mobile Money Payment Service Bank Limited (MOMO PSB) a banking subsidiary of MTN Communications Limited has in less than a month operations suffered a massive fraud worth over N22 billion on its network. Court processes in a suit instituted by the Mobile Money Bank against 18 Banks and obtained by our correspondent