A Federal High Court, Abuja, on Monday, granted an interim forfeiture order of a property belonging to former first lady, Mrs Patience Jonathan. Justice Nnamdi Dimgba, who granted the order, held that it was to enable the Economic and Financial…
$1.6bn oil fraud: How Omokore used my company to purchase cars for friends and associates-witness (Dailytimes)
Mr. Olutaye Ayeni, the 7th prosecution witness in the ongoing trial of Jide Omokore, an ally of former minister of Petroleum Resources, Diezani Allison-Madueke on Thursday gave a vivid account of how Omokore used his company (Atlantic Energy) to purchase…
EFCC arraigns Sen. Nwaoboshi over alleged N805m fraud charge (Nation)
A People’s Democratic Party’s chieftain, Sen. Peter Nwaoboshi, on Wednesday appeared before a Federal High Court, Lagos, charged with a N805 millon fraud. Nwaoboshi, who represents Delta North in the National Assembly, was arraigned on a two-count charge of money…
Fake doctor, graduate financial criminal and policemen caught in the middle
What is a city without crime? Every Friday, thisislagos descends into the Lagos underground to search out the baddest guys committing the craziest crimes in LasGidi. Don’t get caught!!! Policeman beaten comatose for shooting man in Lagos (Vanguard) A…
Fayose, Obanikoro, Omisore lose N2.273b assets (Nation)
The Economic and Financial Crimes Commission (EFCC) has recovered property and cash worth N2.273 billion from Governor Ayodele Fayose, ex-Deputy Governor Iyiola Omisore and a former Minister of State for Defence, Senator Musiliu Obanikoro, out of the N4.685 billion allocated…
$1.8bn Malabu deal: Adoke not liable, says court (Punch)
The Federal High Court in Abuja on Friday held that the immediate-past Minister of Justice and Attorney General of the Federation, Mr. Mohammed Adoke (SAN), could not be held liable for his roles in the Oil Processing Licence 245 transactions,…
Bank MD who bought 134 buses, 20 houses with N11.4 bn slush cash arrested by EFCC (Vanguard)
The Economic and Financial Crimes Commission has arrested the Managing Director of Platinum Multi-purpose Cooperative Society Limited, Mr. Michael Osasogie Obasuyi, for alleged conspiracy, cybercrime and laundering of N 11.498 billion According to EFCC, Mr. Obasuyi, who is also the Managing…
Why court quashed EFCC’s ‘Wanted’ declaration on Benedict Peters (ThisDay)
More facts have come to light as to why a High Court sitting in the Federal Capital Territory (FCT), Abuja, quashed the declaration of the Executive Vice Chairman of Aiteo Group, Benedict Peters, as “wanted” by the Economic and Financial…
EFCC says Boroh still in custody, family denies $9m recovery (Punch)
The Economic and Financial Crimes Commission says the recently sacked Special Adviser to the President and Chairman of the Presidential Amnesty Programme, Brig.Gen. Paul Boroh (retd.), is still in its custody as investigations of fraud levelled against him continue. The…
