Abuja, Nigeria – The Economic and Financial Crimes Commission (EFCC) has dismissed 27 officers from its workforce in a bid to maintain integrity and rid the agency of corruption. The dismissals, which occurred in 2024, were based on allegations of fraudulent activities and misconduct. The EFCC disclosed that the decision followed the recommendation of its…
Abuja, Nigeria – The Economic and Financial Crimes Commission (EFCC) on Monday, December 24, 2024, arraigned a businessman, Akindele Akintoye before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, on charges bordering on money laundering and contract fraud. Akintoye allegedly collected $35 million from the Nigeria Content Development and Monitoring Board (NCDMB) to…
Lagos, Nigeria – The Economic and Financial Crimes Commission (EFCC) has re-indicted Francis Atuche, former Managing Director of the defunct Bank PHB Plc, on charges of forgery and conspiracy. The anti-graft agency disclosed this in a statement via its official X handle on Monday, confirming that the arraignment took place before Justice O. O. Abike-Fadipe…
Lagos, Nigeria – The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed that the Commission, in a landmark raid, arrested 792 suspects for their alleged involvement in cryptocurrency investment fraud and romance scam. The suspects were apprehended on Tuesday, December 10, 2024, in a surprise operation at their hideout, an imposing…
Abuja, Nigeria – The Federal High Court in Abuja, on December 13, 2024, granted former Kogi State Governor Yahaya Adoza Bello bail in the sum of ₦500 million following his arraignment on a 19-count charge of alleged fraud and money laundering involving ₦80.2 billion. Bello, through his counsel, J.B. Daudu SAN, tendered an apology to…
Lokoja, Nigeria – The Economic and Financial Crimes Commission (EFCC) has arrested 24 suspected internet fraudsters, popularly known as Yahoo Boys, in Lokoja, Kogi State. Converseer reports that the suspects were arrested by the EFCC Operatives, Abuja Zonal Directorate, on Friday, December 6, 2024. Their arrest, according to the EFCC, follows credible intelligence about their…
Abuja, Nigeria – Justice Jude Onwuegbuzie, on Monday, December 2, 2024, gave a ruling on a final forfeiture of an estate in Abuja measuring 150,500 square metres and containing 753 Units of duplexes and other apartments. Converseer reports that this is the single largest asset recovery by the Economic and Financial Crimes Commission (EFCC) since…
Gombe, Nigeria – The Federal High Court sitting in Gombe has jailed two Nigeria Police officers and one Nigeria Immigration officer over N1.6 million employment fraud. The court presided over by Justice T.G. Ringin, on Tuesday, November 26, 2024, convicted and sentenced two Police officers: Yusuf AbdulKarim Bature and Musa Philip and one Immigration officer,…
Calabar, Nigeria – A Federal High Court sitting in Calabar, Cross River State, has convicted and sentenced four internet fraudsters (Yahoo Boys) to prison. The four convicts, Itoro Eno Akpan, Abasifreke Uwem, Elisha Asuquo Nnah (a.k.a Jong Seck) and Ezinwa Emmanuel Ikenna, were sentenced by Justice Ijeoma Ojukwu, on Monday, to various jail terms for…
Calabar, Cross River State – A Federal High Court sitting in Calabar and presided over by Justice Rosemary Dugbo-Oghoghorie, on Monday, November 18, 2024 convicted and sentenced five internet fraudsters to various jail terms. Those convicted are Michael Aregbesola (a.k.a Amin Deera), Adeleke Toba Richard (Alias Jason Avtandil), Mkpoikanke Emmanuel Udoh (a.k.a Tom Jones), Gideon…