Tag Archives: EFCC

EFCC Accuses 10 Banks In Nigeria Of Money Laundering (See Details)

Ibrahim Magu, the acting Chairman of the Economic and Financial Crimes Commission (EFCC), has accused 10 unnamed commercial banks of money laundering. Magu stated this on Friday, while speaking at a round table meeting with managing directors of financial institutions in Nigeria. The EFCC boss spoke on the theme: “Roles and Obligations of Managing Directors…

Read more

EFCC Intercepts $2.8M (N1.02B) At Enugu Airport, Arrests Two

The Economic and Financial Crimes Commission in Enugu has intercepted $2.8m (N1.02bn) from two people suspected to be money launderers at Akanu Ibiam International Airport, Enugu. The suspects, namely Ighoh Augustine and Ezekwe Emmanuel, allegedly working for a firm, Bankers Warehouse, were nabbed based on intelligence report. The EFCC said upon their arrests, they were…

Read more

Doyin Okupe Charged For Alleged Money Laundering By EFCC

The Economic and Financial Crimes Commission (EFCC) has filed 59 charges against a former Senior Special Assistant to the President on Public Affairs, Dr. Doyin Okupe. According to the Guardian report states that the charges bordered on alleged fraud, and arms money he received from Office of the National Security Adviser (ONSA). Sources disclosed yesterday…

Read more

Is This Really Happening? Senate Pays Joshua Dariye N85.5m Allowances In Prison

Six months after his conviction by a Federal Capital Territory High Court, Senator Joshua Dariye is still receiving the N750, 000 salary and N13.5m monthly running cost from the National Assembly. Dariye, who represents Plateau-Central Senatorial District, was still receiving the allowances because his seat had yet to be declared vacant by the leadership of…

Read more

NBA President Paul Usoro Arrives Federal High Court In Lagos For Arraignment

Paul Usoro, President of the Nigerian Bar Association (NBA), has arrived the Federal High Court in Lagos for his scheduled arraignment. He arrived the court on Monday morning. The Economic and Financial Crimes Commission (EFCC) had filed a ten-count charge against Usoro on allegations of money laundering. EFCC’s allegations against Usoro relate to converting to personal…

Read more