fraud:

EFCC Arraigns Two British Nationals Over P&ID $9.6bn Fraud

EFCC Arraigns Two British Nationals Over P&ID $9.6bn Fraud

•Firm urges INTERPOL to reject Nigeria’s request to put officials under watch

The Economic and Financial Crimes Commission (EFCC) yesterday arraigned two British nationals, James Richard Nolan and Adam Quinn (at large), before Justice Okon Abang of the Federal High Court, sitting in Abuja, for their alleged complicity in the controversial $9.6billion arbitral award to Process and Industrial Developments (P & ID) Limited by a United Kingdom arbitration panel and confirmed by a London commercial court.

The defendants, both directors of Goidel Resources Limited, a Designated Non-Financial Institution (DNFI) and ICIL Limited, were arraigned on a 16 count-charge bordering on …

70 FRSC Officers To Face Prosecution Over Alleged Fraud

70 FRSC Officers To Face Prosecution Over Alleged Fraud

No fewer than 70 officers of the Federal Road Safety Corps (FRSC) have been arrested for alleged extortion during patrol and in the corps facilities, the Corps Marshal, Dr. Boboye Oyeyemi has said.

Oyeyemi disclosed this on Thursday during a strategic session with unit commanders at the FRSC Academy, Udi in Enugu State.

The corps marshal said that extortion was becoming a cankerworm which seemed to be eating into the corps systematically and must be stopped by all means.

He said that it was sad that in spite of the good welfare packages the government had made available to the …

In Kaduna: EFCC Arraigns Seven Persons For SIM Swap Fraud

In Kaduna: EFCC Arraigns Seven Persons For SIM Swap Fraud

The Economic and Financial Crimes Commission, EFCC, Kaduna Zonal Office on Thursday, October 10, 2019, arraigned seven suspected SIM Swap criminals in Kaduna.

They are Okafor Samuel Obinna, Chigbo Pascal Chidi, Oha Chukwujekwu, Ahamefula Francis Izuchukwu, Ugonna Nelson Owete, Ikenna Henry and Chinyere Aniobi Jessica.

They were arraigned on two counts bordering on conspiracy and obtaining by false pretence before Justice Mohammed Tukur of the Kaduna State High Court.

Operatives of the EFCC had earlier in September, arrested six of them. They specialize in defrauding innocent Nigerians by using bank details obtained through their SIM cards swapped on Automated …

Female Banker Jailed One Year For Fraud In Osogbo

Female Banker Jailed One Year For Fraud In Osogbo

A 51- year-old female banker, Yetunde Iyabo Adewunmi, was on Tuesday sentenced to one-year imprisonment for conspiracy, aiding and abating fraud.

Adewunmi was convicted of the amended charge filed against her by the Economic and Financial Crimes Commission (EFCC), Ibadan zonal office, before Justice Peter Lifu of the Federal High Court 2, sitting in Osogbo, Osun State.

A statement issued by the EFCC’s Head of Media and Publicity, Wilson Uwujaren, said investigation conducted by officials of the Commission had revealed that the convict used her position as a staffer of a new generation bank in Ile Ife, Osun State, …

Court grants Iwu ₦1billion bail, still in prison custody

Former INEC chairman Iwu pleads not guilty of ₦1.23bn fraud

The Economic and Financial Crimes Commission (EFCC) Thursday arraigned a former Chairman of the Independent National Electoral Commission (INEC), Maurice Iwu, for an alleged fraud of ₦1.23bn.

Iwu was arraigned on a four-count charge bordering on money laundering before a Federal High Court, Lagos State. He pleaded not guilty to the charges.

Read Also: INEC boss ignores tribunal as commission tenders documents

An EFCC source told The Guardian that Iwu is alleged to have aided the concealment of the sum of N1,203,000,000 between December 2014 and March 2015,

The source said monies were in the bank account of Bioresources Institute …

Anambra man creates App to checkmate Internet fraud

Anambra man creates App to checkmate Internet fraud

Worried by rising cases of fraudulent transaction on the Internet, a former medical student, Mr Chinonso Okoye from Anambra State has designed an internet application known as ‘The Middle’.

Okoye, a software developer, said his decision to build the application was informed by series of complaints by those making purchases on the internet without their goods being delivered.

Addressing newsmen on Tuesday in Awka, Okoye said he was once a medical student of University of Calabar, Cross River State before abandoning the programme to pursue a career in the Information Communication Technology (ICT).

He described online shops as the easiest …

Okorocha, wife, to forfeit assets to EFCC

Imo, Okorocha disagree over alleged ₦50billion fraud

The Imo Government has accused the Rochas Okorocha administration of carting away ₦50 billion of state assets. It listed them to include 60 vehicles, spoons, beddings and window curtains.

The Emeka Ihedioha government pledged to reward whistle blowers willing to supply information that could result in the recovery of stolen public assets. Briefing journalists yesterday in Owerri, Chairman of Recovery of Moveable Assets, Jasper Ndubuaku, accused the immediate past governor of leaving office with all cars in his convoy, including bullet proof Sports Utility Vehicle (SUVs) worth more than N100 million each as well as outrider machines and other automobiles.

Court convicts Ex-NIMASA Acting DG for fraud

Court convicts Ex-NIMASA Acting DG for fraud

Justice Mojisola Olatoregum of a Federal High Court in Lagos on Thursday convicted a former Acting Director-General of NIMASA, Calistus Obi, charged with N136 million fraud.

The Economic and Financial Crimes Commission (EFCC) had preferred an eight-count charge against Obi, who was also a former Executive Director of the agency.

He was charged along with one Alu Dismas, an aide to Patrick Akpobolokemi, a former Director-General of NIMASA – Nigerian Maritime Administration and Safety Agency.

Read Also: BREAKING: ex-NBA chairman slumps in court over fraud case

Also charged are two companies, Grand Pact Ltd. and Global Seal Investment Ltd.

On

Court grants Iwu ₦1billion bail, still in prison custody

BREAKING: ex-NBA chairman slumps in court over fraud case

There was a mild drama at an Ikeja Special Offences Court on Wednesday as a former chairman of the Nigerian Bar Association (NBA), Ikeja Branch, Adesina Ogunlan collapsed in the dock during arraignment by the Economic and Financial Crimes Commission (EFCC).

Ogunlana collapsed, when the EFCC prosecution, Samuel Daji, asked the trial judge, Justice Mojisola Dada, to remand him in prison custody after he pleaded not guilty to a 30-count charge alongside other defendants.

Though his state of health is not known, his colleagues rushed to lend helping hands and was subsequently offered a seat while the prosecution counsel and …

JAMB to expose prominent Nigerians involved in exam fraud

The Registrar, Joint Admissions and Matriculation Board, Prof. Is-haq Oloyede, yesterday said the outcome of its probe into examination fraud between 2009 and 2019 will shock many Nigerians.

He said the board has discovered that some prominent Nigerians occupying high positions in the society did not sit its examination by themselves.

Prof. Oloyede said although the board may not be able to punish the culprits because they have already left the system, it would go ahead to publish their names in order to shame them.

The JAMB Registrar said these yesterday while speaking at the 23rd annual seminar of the …

EFCC begins probe of ₦8.7 billion fraud in JAMB

The Economic and Financial Crimes Commission (EFCC) has launched into a probe of the cash inflow and outflow of the Joint Admissions and Matriculation Board (JAMB) between 2010 and 2016.

The anti-graft agency wants to get to the root of an alleged N8.7billion fraud in the board.

Fifteen suspects have already been shortlisted for trial.

Among them are some zonal heads and state coordinators. One of the suspects facing trial is a female accountant, Philomena Chise, whose sensational claim that  a snake swallowed N36million raked in from the sales of e-facility cards rocked the nation.

Chise later told EFCC operatives …

Electoral fraud: Army parades 11 corps members, 43 others

The 6 Division Nigerian army, PortHarcourt, has paraded 11 National Youth Service Corps Members, 43 others over  alleged electoral fraud  in Rivers State.

The corps members were said, to have been arrested in a hotel in Gokana Local Government Area  of the State  filling result sheets in favour of a political party during the Presidential and National Assembly elections last week.

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