Category: Corruption
EFCC Acknowledges Auction Irregularities, Pledges to Address Complaints
The Economic and Financial Crimes Commission (EFCC) has acknowledged technical issues during its recent online auction of forfeited vehicles and has committed to reviewing public complaints to ensure transparency and fairness in the process. Participants reported several challenges, including difficulties accessing auctioneers’ websites, being locked out after submitting bids, and concerns over unusually high bid…
Yahaya Bello Takes Money Laundering Allegations to Supreme Court
Former Kogi State Governor, Yahaya Bello, is escalating his ongoing legal battle with the Economic and Financial Crimes Commission (EFCC) to the Supreme Court, as he seeks to overturn an arrest warrant issued by a lower court. The Federal High Court in Abuja has postponed the money laundering case initiated against Bello by the EFCC,…
Bobrisky Allegedly Paid EFCC Officials ₦15 Million to Avoid Prison, Leaked Audio Reveals
Controversial Nigerian social media personality Idris Okuneye, known as Bobrisky, is at the center of a growing scandal following the release of a series of audio recordings by an online source identified as Very Dark Man (VDM). In the recordings, Bobrisky is heard admitting to paying ₦15 million to officials of the Economic and Financial…
Yahaya Bello Allegedly Escapes EFCC Capture with Governor Ododo’s Help Amid N80.2 Billion Fraud Investigation
Former Kogi State Governor Yahaya Bello reportedly evaded capture by operatives of the Economic and Financial Crimes Commission (EFCC) on Wednesday, with the alleged assistance of his successor, Governor Usman Ododo. The EFCC had surrounded the Kogi State Government Lodge in Abuja in a renewed attempt to arrest Bello over allegations of an N80.2 billion…
EFCC Rejects Yahaya Bello’s Method of Reporting for Alleged Breach of Protocol
The Economic and Financial Crimes Commission (EFCC) has explained why it rejected the manner in which former Kogi State Governor, Alhaji Yahaya Bello, reported to the commission’s headquarters in Abuja, describing it as a breach of protocol. A source from the EFCC revealed that Bello arrived at the commission in a convoy, accompanied by the…
EFCC Launches Fresh Attempt to Arrest Former Governor Yahaya Bello at Kogi Government Lodge
In a dramatic development, the Economic and Financial Crimes Commission (EFCC) has reportedly initiated a new attempt to arrest former Kogi State Governor, Alhaji Yahaya Bello. According to Ohiare Michael, Director of the Yahaya Bello Media Office, EFCC operatives have surrounded the Kogi Government Lodge in Asokoro, Abuja, where the former governor is staying, and…
Former Governor Yahaya Bello Honors EFCC Invitation After Resisting Arrest in April Over NGN 80.2 Billion Fraud Allegations
Former Kogi State Governor, Alhaji Yahaya Bello, has finally responded to an invitation from the Economic and Financial Crimes Commission (EFCC), after resisting arrest in April 2024 over fraud allegations amounting to NGN 80.2 billion. The five-month standoff, which saw the intervention of security personnel from the current governor of Kogi State, marked a turning…
American Businessman Marco Ramirez Sentenced to 68 Years in Prison for $1.6 Million Visa Fraud
Lagos, Nigeria – Justice Mojisola Dada of the Special Offences Court in Ikeja, Lagos, on Tuesday, September 10, 2024, sentenced American businessman Marco Antonio Ramirez to a total of 68 years in prison for his involvement in a $1.6 million visa fraud scheme. Ramirez, who had promised his victims access to U.S. green cards through…
EFCC Chairman Pledges Strict Enforcement of Financial Regulations to Cleanse Nigeria’s Banking Industry
Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has committed to rigorously enforcing financial regulations in a bid to clean up Nigeria’s banking sector. Speaking at the Chartered Institute of Bankers of Nigeria’s (CIBN) Annual Banking and Finance Conference, Olukoyede issued a stern warning to senior officials involved in financial misconduct, stressing…
BUA Cement Chairman AbdulSamad Rabiu Criticizes Dealers for Frustrating Efforts to Lower Cement Prices
Abuja, August 29, 2024 — AbdulSamad Rabiu, Chairman of BUA Cement, has revealed that the company’s attempt to reduce the price of cement to N3,500 per bag last year was thwarted by the actions of cement dealers, who instead sold the product to consumers at inflated prices. Speaking at the 8th Annual General Meeting of…