The immediate-past governor of Anambra State, Willie Obiano, has pleaded not guilty to the nine charges of money laundering brought against him by the Economic and Financial Crimes Commission (EFCC). According to the charge, Obiano was said to have allegedly…
Centre lauds Tinubu over suspension of NSIPA coordinator
The Centre for Accountability and Transparency (CAT) has commended President Bola Tinubu for suspending the National Co-ordinator and Chief Executive Officer of the National Social Investment Programme Agency, Halima Shehu. In a statement signed by its Executive Director, Dr Hassan…
EFCC withdraws money laundering charges against Shasore
The Economic and Financial Crimes Commission (EFCC) has withdrawn the money laundering charges levelled against former Attorney-General of Lagos, Olasupo Shasore (SAN). This decision came following a directive from the Attorney-General of the Federation (AGF) and Minister of Justice, Lateef…
US court convicts trio for $2.6m inheritance scam and money laundering scheme
Nigerian citizen Okechukwu Iwuji, along with his accomplices Sally Roberto and Monique Jones, have been convicted and imprisoned for orchestrating an elaborate advance fee and money laundering scheme, defrauding Guam-based investors of over $2.6 million. The trio induced victims to…
Money laundering: Court adjourns Mompha’s trial to July 3
Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, on Monday, May 15, 2023, has adjourned till July 3, 2023, further hearing in the alleged N6 bn fraud trial involving Ismaila Mustapha, also known as Mompha, due…
Arrest Atiku in 72hrs or get sued, Keyamo tells EFCC
The Minister of State for Labour and Employment, Festus Keyamo (SAN), has issued a 72-hour ultimatum to the Economic and Financial Crimes Commission (EFCC), Independent Corrupt Practices and other Related Offences Commission (ICPC) and Code of Conduct Bureau (CCB) to…
New Zealand strengthens efforts to check money laundering, terrorism financing
The New Zealand government is strengthening its efforts to clamp down on money laundering and terrorism financing, making it easier for small businesses and consumers to comply. “Our country is a safe place to do business, but we want to…
NDLEA declares suspected Lagos drug baron wanted
The National Drug Law Enforcement Agency (NDLEA) has declared a Lagos socialite and owner of Adekaz Hotels, Alhaji Ademola Afolabi Kazeem (a.k.a Alhaji Abdallah Kazeem Muhammed) wanted over offences bordering on exportation and trafficking of illicit drugs as well as…
Moscow initiates search for son of top official arrested in Italy
Russian authorities have put the son of a senior official on a wanted list for alleged money laundering, the Interfax news agency reported on Friday, citing Russia’s Interior Ministry. The man in question is Artyom Uss, whose father Alexander Uss…
US Court postpones Hushpuppi sentencing for 4th time
For the fourth time this year, the United States Attorney’s Office for Central District of California, Los Angeles, has postponed the sentencing date for alleged international internet fraudster Ramon Abbas, aka, Hushpuppi. An official of the court’s Media Relations Unit,…
