CORRUPTION
EFCC Targets Over 120 Bank MDs On Assets Declaration, Issues Last Warning
• Deadline extended to June 30, bank chiefs blame court closure for delay The Economic and Financial Crimes Commission has issued a final warning to over 120 managing directors and top executives of banks to submit their asset declaration forms. The anti-graft agency gave the top bankers till June ending to obey the order even as the initial deadline of June...
Don’t Transfer Maina’s Case To Another Judge – EFCC Warns Chief Justice
The Economic and Financial Crimes Commission (EFCC) has admonished the Chief Judge of the Federal High Court (FHC), Justice John Tsoho, not to transfer the case of Ex-pensions commission boss, Abdulrasheed to another judge. The Anti-graft Commission called on Justice Tsoho also not to transfer the trial of his son, Faisal, and few other cases which matters had far been...
[UPDATE] Ex-Bank PHP MD, Francis Atuche To Spend 6 Years In Prison, Begs For Mercy
Former Managing director of Bank PHP, Francis Atuche has been sentenced to 6 years in prison for stealing over N25 billion naira from the bank. In an Ikeja High Court on Wednesday night, Atuche, a former Managing Director (MD) of Bank PHB, begged Justice Lateefa Okunnu not to send him to prison following his conviction for defrauding the bank of...
EX-Bank PHB MD, Francis Atuche Convicted For Fraud
Mr. Francis Atuche, a former managing director of defunct Bank PHB plc has been found guilty of stealing and conspiracy to commit fraud. Atuche was convicted alongside a former chief financial officer of the bank, Ugo Anyanwu. ABN TV learned that the judge found the bankers guilty of stealing and conspiracy to steal. Only Atuche’s wife, Elizabeth was discharged and acquitted. READ...
EFCC Arrests Juju Scam Kingpin, Abayomi Alaka over N250m Fraud [PHOTOS]
The Economic and Financial Crimes Commission, EFCC has arrested Abayomi Kamaldeen Alaka (a.k.a Awise), leader of a deadly syndicate of juju scammers that operates from a shrine at Ashipa Town, near Abeokuta Ogun State. Awise’s arrest followed a petition by a victim, Bright Juliet who lost N250m to the syndicate after she was tricked to provide money for sacrifices and...
Corruption: Nigerians Are Forgetful Of My Achievements – Buhari [VIDEO]
President Muhammadu Buhari has suggested a way forward on how to solve the malignant problem of corruption in Nigeria. Mr Buhari who spoke during an interview on NTA on Friday night monitored by ABN TV said that the country needs ‘special courts’ to fight corruption. “We will need special courts. You develop terms of reference for them, you bring charges, immediately...
PDP Finances Not EFCC’s Business ― BoT
The Board of Trustees (BoT) of the Peoples Democratic Party (PDP), on Monday, declared that the party is not accountable to the Economic and Financial Crimes Commission (EFCC) and therefore, the anti-graft agency has no business with its finances. The board made the declaration after its meeting at the national headquarters of the party in Abuja that was called to...
Movie Producer, 19 Others Arrested For Alleged Internet Fraud In Calabar
Operatives of the Uyo Zonal Office of the Economic and Financial Crimes Commission, EFCC, on Tuesday May 18, 2021, arrested one Emmanuel Eneji, a 23-year-old movie producer and nineteen others for alleged internet fraud in Calabar, Cross River State. The nineteen suspects whose ages range between 19 and 36 are: Okonkwo Chukwudi Charles, Obua Akwo Promise, Angba Murphy, Adie Stephen,...
Buhari’s Son-In-Law Declared Wanted Over $65 MIllion Fraud
The Independent Corrupt Practices and Other Related Offences Commission, ICPC has declared Gimba Yau Kumo, a son-in-law of President Muhammadu Buhari, wanted over an alleged $65 million fraud. Kumo, who got married to Fatima, one of the president’s daughters in 2016, was alleged to have perpetrated the crime alongside one Tarry Rufus and another Bola Ogunsola. In a statement on Thursday,...
EFCC Arrests Former Akwa Ibom Commissioner Over N1.4bn Fraud, Keeps Okorocha
Operatives of the Uyo Zonal Office of the Economic and Financial Crimes Commission, EFCC have arrested a former Attorney-General and Commissioner for Justice, Akwa Ibom State, Uwemedimo Nwoko. Nwoko, an alleged accomplice in the N1.4bn money laundering charge against Paul Usoro, a former President of the Nigerian Bar Association had been at large for over two years. A source said the...
