Economic and Financial Crimes Commission

Omokore Bought Vehicles For Akwa Ibom Senator – EFCC Witness

Omokore Bought Vehicles For Akwa Ibom Senator – EFCC Witness

October 20, 2020 10:10 am

Kakwagh Ngunan, a prosecution witness in the money laundering trial of Senator Bassey Albert by the Economic and Financial Crimes Commission (EFCC), has narrated how the lawmaker, as Commissioner for Finance in Akwa Ibom, allegedly received vehicles as gift from Jide Omokore.

Omokore’s companies were said to have executed over N3 billion contracts for the government.

The EFCC is prosecuting Albert before Justice Agatha Okeke of the Federal High Court sitting in Uyo, the Akwa Ibom capital.

He is accused of involvement in offences bordering on money laundering and being in possession of six vehicles worth N204million, allegedly given to …

‘Oshiomhole Must Be Investigated Over Misappropriation Of Fund’

‘Oshiomhole Must Be Investigated Over Misappropriation Of Fund’

October 16, 2020 1:16 pm

A group under the aegis of Concerned Edo Citizens, has called on the Economic and Financial Crimes Commission (EFCC), to begin investigation into alleged impunity and corruption perpetrated by the Adams Oshiomhole’s administration in the construction and procurement of equipment for Edo Specialist Hospital.

Armed with placards bearing inscriptions like ‘#End Corruption now,’ ‘#End Impunity now,’ the group in a peaceful protest to the Benin zonal office of the EFCC on Friday, said they decided to remind the anti-graft agency to probe the circumstances that led to the alleged misappropriation of funds running into billions of naira.

Teddy Osagunywenwan who …

internet kingpin on FBI’s watchlist Felix Okpoh surrenders

Internet Kingpin On FBI’s Watchlist, Felix Okpoh Surrenders

September 22, 2020 12:04 pm

Suspected internet fraudster on watchlist of the Federal Bureau of Investigations (FBI), Felix Osilama Okpoh has surrendered himself to the Economic and Financial Crimes Commission (EFCC).

He was declared wanted by the EFCC as he is on the watchlist of the FBI for his alleged involvement in a $6 million internet fraud.

The EFCC has thus begun investigation into his involvement in the scam.

Read Also: Access Bank Hacker Chris Ihebuzor Arrested By EFCC

A statement issued by the EFCC said Okpoh, alongside Richard Izuchukwu Uzuh, Alex Afolabi Ogunshakin, Abiola Ayorinde Kayode and Nnamdi Orson Benson, had been declared wanted …

Edo - Bankers placed on high alert 10 days to election (1)

Edo: Bankers Placed On High Alert 10 Days To Election

September 9, 2020 12:38 pm

The Benin Zonal Office of the Economic and Financial Crimes Commission, (EFCC) has asked Compliance officers of banks in the city to be on the look out for suspicious transactions ahead of the September 19 Edo governorship election.

Speaking during a meeting with the compliance officers in Benin on Tuesday, Benin Zonal Office head of the EFCC, Muhtar Bello asked the bankers to be on alert as politicians may want to use banks for illicit transactions before, during and after the elections.

“Once the transaction is above the stipulated threshold, you have …

EFCC - Magu Says He Doesn’t Know Why He’s Being Investigated

EFCC: Magu Says He Doesn’t Know Why He’s Being Investigated

August 11, 2020 5:34 am

Aliyu Lemu, lawyer to the suspended acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has said that up till this moment, his client has not been told why he is being investigated.

Lemu said this when he appeared on Channels Television’s Politics Today, adding that the former EFCC boss is not happy with the way the hearing is being conducted.

Read Also: Magu: We Mistakenly Transferred ₦573m To Pastor Omale – FCMB

According to him, the committee is already going against President Muhammadu Buhari’s directive to conduct a public hearing.

“He (Magu) has not been

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Disquiet In EFCC Over Elevation Of Junior Officers Above Superiors

Disquiet In EFCC Over Elevation Of Junior Officers Above Superiors

August 6, 2020 12:52 pm

Some officials of the Economic and Financial Crimes Commission (EFCC) have been deployed to head zones and units where qualified senior officers are.

Mohammed Umar, a deputy commissioner of police and acting chairman of the commission, approved the postings that have left some officials demoralised, according to sources.

In a memo seen by TheCable, Umar redeployed a total of 37 officers, 20 of whom were listed as heads of various zones and units while others listed as second in command.

The ranks of some of the newly deployed officers are principal detective superintendent (PDS), deputy chief detective superintendent (DCDS), chief …

Magu opens defence with 34-page documents to Presidential panel

Magu Opens Defence With 34-Page Documents To Presidential Panel

July 24, 2020 7:51 am

Ibrahim Magu, the suspended acting Chairman of the Economic and Financial Crimes Commission, EFCC, on Thursday opened his defence before the Presidential Panel probing allegations of corruption against him with 34-page documents submitted to the panel.

Magu was with his lawyer, Wahab Shittu when the 34-page document with 100 annexure were presented for his defence.

The Justice Ayo Salami-led panel is probing Magu for various corruption allegations, one of which was his inability to explain the whereabouts of interest accrued to N550bn recovered funds.

He reportedly appeared before the Justice Ayo Salami-led panel around 1pm and was still there as …

Magu Co-Operated With Diezani Alison-Madueke To Avoid Trial

Magu Co-Operated With Diezani Alison-Madueke To Avoid Trial

July 13, 2020 4:24 am

A report by the Presidential Probe Panel has revealed how Ibrahim Magu, the suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), allegedly failed to cooperate with authorities in the United Kingdom (UK) to facilitate effective prosecution of the case of ex-Minister of Petroleum Resources, Diezani Alison-Madueke.

NAN reports that Magu was on Saturday night interrogated by the panel headed by retired Justice Ayo Salami over allegations of lack of transparency in managing recovered assets and mismanagement by the commission.

The Presidential Committee on Audit of Recovered Assets (PCARA) Report accused Magu of failure to cooperate with the …

Probe Those Who Bought Properties Seized Under Magu – Fayose

Probe Those Who Bought Properties Seized Under Magu – Fayose

July 11, 2020 6:51 am

Ayo Fayose, former Ekiti State Governor, has called on President Muhammadu Buhari to order an investigation into the sales of properties seized by the Economic and Financial Crimes Commission (EFCC) under the suspended acting chairman, Ibrahim Magu.

“Those recovered loots that were re-looted must be re-recovered”, Fayose said on Friday.

In a statement by his spokesman, Lere Olayinka, the former governor said the ongoing investigation will be incomplete without digging into “who bought what and how they were sold.”

He noted that the sole aim of the probe must not be to remove Magu from office.

Fayose stressed that …

Magu - Cover-Up In EFCC As Bandits Destroy Computers In NFIU Office

Magu: Cover-Up In EFCC As Bandits Destroy Computers In NFIU Office

July 11, 2020 3:45 am

There is an alleged plot to frustrate the probe of the Economic and Financial Crimes Commission (EFCC) and the ongoing investigation of its suspended chairman, Ibrahim Magu, after some unknown people broke into the office of the Nigerian Financial Intelligence Unit (NFIU) and destroyed computers.

The NFIU office which is inside the Aso Rock Presidential Villa was burgled and at least seven computers containing sensitive financial information were taken away and others badly damaged.

Read Also: Magu Has Secrets That’ll Blow Up Nigeria – Bamgbose

The attack is believed to have happened overnight and was discovered Friday morning.

Some …

₦4b Loot - I’m Not Afraid, Resign First – Ude Dares Osinbajo

₦4b Loot: I’m Not Afraid, Resign First – Ude Dares Osinbajo

July 10, 2020 10:02 am

Jackson Ude, the blogger who accused Prof. Yemi Osinbajo of collecting ₦4 billion from Ibrahim Magu, the suspended acting Chairman of the Economic and Financial Crimes Commission, EFCC, has declared that he was not afraid of the Vice President.

Osinbajo had on Thursday asked the Inspector-General of Police (IGP), Mohammed Adamu, to investigate allegations that he received ₦4 billion from Magu.

This was contained in a petition addressed to Adamu through Osinbajo’s lawyer, Taiwo Osipitan and dated July 8, 2020.

The Vice President asked IGP Adamu to initiate criminal proceedings against Jackson Ude if the allegations are proven to be …

Ibrahim Magu Threatens To Go On Hunger Strike

Ibrahim Magu Threatens To Go On Hunger Strike

July 10, 2020 6:59 am

Apparently sensing that the Presidency may keep him in detention indefinitely until he answers Allegations Made Against Him By The Attorney-General, embattled Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, may go on hunger strike.

Some politicians and other wealthy Nigerians and foreigners, who alleged that they were duped by Magu and some operatives of the EFCC, are said to have started forwarding petitions on how they were coerced to part with huge sums of money and property under the guise of recovering ill-gotten wealth.

Read Also: How Petitions On Tinubu’s Bullion Vans Landed Magu

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𝐀𝐟𝐫𝐢𝐜𝐚 𝐃𝐢𝐠𝐢𝐭𝐚𝐥 𝐍𝐞𝐰𝐬, 𝐍𝐞𝐰 𝐘𝐨𝐫𝐤, is a nonpartisan online news portal founded on the truth to provide you with weekly, insightful articles written with precision and current updates on current events from Africa in particular and the rest of the world in general. All of our reports undergo extensive fact-checking to ensure their veracity, and we adhere strictly to the facts, no matter whose ox is gored.

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