october

200 Yahoo Boys Arrested In October – EFCC

November 25, 2019 2:10 pm

The Economic and Financial Crimes Commission (EFCC), said it recorded no fewer than 200 arrests of Internet fraud suspects, popularly known as ‘Yahoo Boys’, in October alone.

The Acting Chairman of the commission, Mr Ibrahim Magu, stated this at an interactive session with newsmen on Friday in Abuja.

According to Magu, the biggest catch of the commission was Instagram celebrity, Ismaila Mustapha, a.k.a Mompha, and his Lebanese accomplice, Hamza Koudeih.

He said the suspects, who were “kingpins of an Organised Cyber Syndicate Network (OCSN)”, allegedly laundered a total of N33 billion.

Magu said: “Five wristwatches valued at over N60 million …

Court adjourns Kalu’s trial till October 22

August 30, 2019 2:33 am

A justice of the Court of Appeal, Mohammed Idris, sitting at the Federal High Court, Lagos, with the permission of the President of the Court of Appeal, yesterday ordered the former Governor of Abia State, Orji Uzor Kalu and other co-accused persons to file their final written addresses in the N7.2 billion fraud charge slammed against them by the Economic and Financial Crimes Commission (EFCC).

The judge arrived at the decision after defendants concluded their defence and therefore put to rest their 12-year-old trial.

He, however, adjourned till October …