Category: Corruption
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…
EFCC Arrests Syndicate Impersonating Chairman Olukoyede in $1 Million Fraud Scheme
Abuja, August 29, 2024 — The Economic and Financial Crimes Commission (EFCC) has apprehended a four-man syndicate of alleged fraudsters who were impersonating the Commission’s Chairman, Ola Olukoyede, in a $1 million extortion scheme. The suspects are accused of targeting Mohammed Bello-Koko, the former Managing Director of the Nigeria Ports Authority (NPA), by claiming that…
NLC President Joseph Ajaero Set to Report to Police Over Allegations
Abuja, August 29, 2024 — The President of the Nigeria Labour Congress (NLC), Joseph Ajaero, is scheduled to appear before the Nigeria Police Force today following allegations of financing terrorism and other related offenses. This development marks a significant moment in ongoing tensions between the labor union and authorities. Ajaero’s appearance at the police station…
BREAKING: DSS Raids Katsina Market, Seizes Over 1,200 Bags of Rebagged FG Palliative Rice
Katsina, Nigeria – In a significant operation, the Department of State Services (DSS) has reportedly raided a market in Katsina, uncovering a scheme involving the rebagging and sale of palliative rice meant for distribution by the Federal Government (FG) to the state government. Sources confirm that the raid, conducted on Wednesday, led to the arrest…
Former Minister of Power, Saleh Mamman, Detained in Kuje Prison Amidst Money Laundering Charges
Abuja, Nigeria – In a dramatic turn of events, the Federal High Court in Abuja has ordered the detention of former Minister of Power, Saleh Mamman, at Kuje prison pending the review of his bail application. This decision comes after Mamman fainted outside the courtroom earlier in the proceedings. Justice James Omotosho issued the directive…
EFCC Warns Promoters of Planned Protest
Abuja, Nigeria — The Economic and Financial Crimes Commission (EFCC) has issued a public alert regarding a planned protest allegedly orchestrated by a shadowy group. This group has been actively campaigning on social media, recruiting impressionable young Nigerians, including students, to participate in a protest against the Commission. The EFCC has identified this campaign as…
Breaking News: Alison Madueke Seeks Court Intervention to Prevent Diezani from Using His Name, Citing Embarrassment
Lagos, Nigeria — Alison Madueke, a former Chief of Naval Staff, has submitted a formal request to the Lagos State High Court, seeking to restrict Diezani, a former Minister of Petroleum, from using his surname. The petition, aimed at protecting his reputation, highlights the complications stemming from their dissolved marriage. Madueke, who also served as…
EFCC Arrests Fake Military Officers for Impersonating CDS The Economic and Financial Crimes Commission (EFCC) has apprehended three individuals for allegedly impersonating military officers and defrauding the public under the guise of the Chief of Defence Staff’s office. The suspects, Dennis Baba Wdony, Wycliffe Midala, and Samuel Kayode Melaye, were arrested on Wednesday, June 26,…