Tag: EFCC
EFCC Files Fresh Charge Against Godwin Emefiele: Alleges Printing of N684.5m with N18.9bn
In a dramatic turn of events, the Economic and Financial Crimes Commission (EFCC) has filed a fresh charge against the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele. The charge, lodged at the High Court of the Federal Capital Territory, accuses Emefiele of approving the printing of a staggering N684,590,000 at the…
Kogi State Assembly Calls for Removal of Yahaya Bello’s Name from EFCC’s Wanted List
In a surprising turn of events, the Kogi State Assembly has formally requested the removal of former Governor Yahaya Bello’s name from the list of individuals wanted by the Economic and Financial Crimes Commission (EFCC). This comes amidst Bello’s refusal to appear before the anti-graft commission and his reported resistance to arrest, following accusations of…
Yahaya Bello Declines EFCC’s Invitation for Interrogation: EFCC Chairman Reveals
In a startling revelation, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, disclosed how former governor of Kogi State, Mr. Yahaya Adoza Bello, declined invitations for interrogation regarding his alleged involvement in money laundering. Addressing media executives at the EFCC Corporate Headquarters in Abuja on Tuesday, April 23, 2024,…
EFCC Declares Former Kogi State Governor Yahaya Bello Wanted
The Economic and Financial Crimes Commission (EFCC) has officially declared former Kogi State Governor, Yahaya Bello, wanted for alleged economic and financial crimes amounting to N80.2 billion. In a statement released by the agency, it was revealed that Yahaya Bello is wanted in connection with offenses related to economic and financial crimes, specifically involving the…
EFCC Set to Arraign Ex-Governor Yahaya Bello for Alleged N80.2 Billion Money Laundering
The Economic and Financial Crimes Commission (EFCC) has announced plans to arraign former Governor of Kogi State, Yahaya Adoza Bello, before a Federal High Court in Abuja on Thursday, April 18, 2024. Bello will face trial alongside three other suspects – Ali Bello, Dauda Suleiman, and Abdulsalam Hudu – on 19-count charges related to money…
EFCC Warns Against Obstruction of Operations
The Economic and Financial Crimes Commission (EFCC) has issued a stern warning to the public against obstructing its officers from carrying out their lawful duties, emphasizing that such actions constitute a criminal offence. According to Section 38(2)(a)(b) of the EFCC Establishment Act, it is illegal to impede officers of the Commission in the discharge of…
EFCC Set to Prosecute Cubana Chief Priest for Naira Abuse
The Economic and Financial Crimes Commission (EFCC) is gearing up to prosecute Okechukwu Pascal, widely known as Cubana Chief Priest, for alleged abuse of the Nigerian currency, the naira. The charges stem from incidents where Cubana Chief Priest is accused of spraying money at social events, contravening the Central Bank Act 2007. The allegations against…
EFCC Sets the Record Straight on Humanitarian Ministry Investigations
The Economic and Financial Crimes Commission (EFCC) has addressed the swirling speculations and opinions surrounding its ongoing investigations into alleged financial misappropriation within the Ministry of Humanitarian Affairs, Disaster Management, and Social Development. Initiating investigations, the EFCC summoned past and suspended officials of the Humanitarian Ministry, leading to revelations of substantial fraud amounting to N32.7…
EFCC Cracks Down on Institutions Demanding Dollar Payments
In a bid to uphold the integrity of Nigeria’s currency and safeguard the local economy, the Economic and Financial Crimes Commission (EFCC) has issued a stern warning to schools, supermarkets, hotels, and other establishments against demanding payment in dollars from their local customers. Ola Olukoyede, the Chairman of the EFCC, delivered the cautionary message in…
EFCC Recovers N30 Billion in Probe of Suspended Minister and Former CEO
The Economic and Financial Crimes Commission (EFCC) has made significant strides in its investigation into the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, and the former CEO of the National Social Investment Programme (NSIPA), Halima Shehu. So far, the EFCC has recovered a staggering sum of N30 billion for the Federal Government….