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ICPC to appeal ruling that freed suspended suspended SEC chief Gwarzo

The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has said it would appeal the ruling on the ‘No Case Submission’ in the trial of the suspended Director-General of the Securities and Exchange Commission (SEC), Mounir Gwarzo. Gwarzo and the Executive Commissioner, Corporate Services of SEC, Zakawanu Garuba, were tried by the ICPC.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

EFCC’s arrest of Galaxy chief not based on fraud – official

The arrest of the Chief Executive Officer of Galaxy Transportation and Construction Services Ltd by the Economic and Financial Crime Commission (EFCC) was not based on fraud, says an official of the company, Mr Cletus Onoja.

Civil servant forfeits properties worth N124.5 million to federal government

A senior civil servant has been ordered by an FCT High Court to forfeit to the Federal Government illegally acquired properties worth N125 million.

Mechanic arraigned over alleged N250,000 fraud

A 35 year-old mechanic, Yemi Igbasan, on Monday appeared before an Okitipupa Chief Magistrates’ Court in Ondo State over alleged N250, 000 fraud.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

EFCC detains nine FIRS officials over alleged multi-billion naira fraud

Nine senior officials of the Federal Inland Revenue Service (FIRS) are currently in detention over alleged multi-billion naira fraud.

N115 million fraud: Court fixes date to rule in ex-SEC chief’s no-case-submission

An FCT High Court on Friday is to deliver ruling on Tuesday in the no- case- submission filed by the suspended Director-General of the Securities and Exchange Commission (SEC), Dr Mounir Gwarzo, on alleged of N115 fraud.
An FCT High Court in Maitama, on Monday, granted leave to the EFCC to amend the charge in the trial of former Secretary to the Government of the Federation (SGF), Babachir Lawal and three others, over alleged N544 fraud.

N544 million fraud: Court fixes ex-SGF, three others trail for May 23

An FCT High Court in Maitama Thursday fixed May 23 for the commencement of the trial of former Secretary to the Government of the Federation (SGF) Babachir Lawal and three others, over alleged N544 million fraud.
Zain Qaiser, a 24-year old student from London, has been jailed for six years and five months for his role in a porn ransomware attack,

Prolific porn ransomware operator jailed for more than six years in UK

Qaiser made at least £700,000 ($914,000) as a result of the scam, although the UK’s National Crime Agency (NCA) believes his actual earnings may have numbered in the millions.
Mr Babatunde Gbadamosi, the Lagos State governorship candidate of the Action Democratic Party (APC) says he will not contest the outcome of the governorship election in the state but prepare for the next election.

Babatunde Gbadamosi: Why I will not challenge result of Lagos governorship poll

Mr Babatunde Gbadamosi, the Lagos State governorship candidate of the Action Democratic Party (APC) says he will not contest the outcome of the governorship election in the state but prepare for the next election.
Jean Leonard Teganya

Rwandan man linked to genocide guilty of immigration fraud in US

A Rwandan man suspected of participating in the African country's 1994 genocide has been convicted of immigration fraud and perjury after seeking asylum in the US.
Ibrahim Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), says the agency will monitor campaign funds donated to political parties for the 2019 elections as well as donors’ identities.

EFCC chief laments alleged conversion of banks to fraud, money laundering institutions

The Chairman of Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has lamented that banks are allegedly being converted into fraud and money laundering institutions in the nation.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Witness: How billions of Naira loans were written off for Senator Saraki’s company, others

A Federal High Court sitting in Lagos has been told how billions of Naira loans taken by the Senate President, Bukola Saraki and others from the defunct Intercontinental Bank Plc, were written off by Dr. Erastus Akingbola’s successor, Lai Alabi.
The presidential candidate of the Young People’s Party (YPP), Kingsley Moghalu, has lamented the failure of the card readers at his polling unit in Ward 2 of Nnewi North LGA in Anambra State.

Elections: My party’s votes were stolen – Kingsley Moghalu

The presidential candidate of the Youth Progressive Party (YPP), Kingsley Moghalu, has said the party’s votes were “stolen, suppressed and diverted” on February 23.

Police arrest suspected fraudster posing as MFM general overseer

The police in Lagos said they have arrested a computer science graduate who allegedly defrauded Nigerians by operating a fake facebook account of the General Overseer of Mountain of Fire and Miracles Ministries.

Court sentences native doctor to 97 years in prison over N5.6 million fraud

Justice Angela Otaluka of the FCT High Court, Apo, on Wednesday sentenced a 43-year-old native doctor, Clement Joseph, to a total of 97 years in prison over N5.6 million fraud.

Prophetess defrauded me of N134 million – lawyer tells court

A lawyer, Mrs Uloma Ulo, on Tuesday told an Ikeja Special Offences Court, that a prophetess allegedly defrauded her of N134 million and left her with problem of debt.

Borno elections: Mohammed Abba-Aji, Bukar Shuwa head to tribunal

The candidate of the Peoples Democratic Party (PDP) for Borno Central Senatorial District in the February 23rd senatorial election in Borno state, Alhaji Mohammed Abba-Aji, has filed a petition at the election petition tribunal sitting in Maiduguri, challenging the declaration of governor Kashim Shettima of Borno state as winner of the election.

N6.6 billion fraud: Court strikes out 19 out of 21 charges against Senator Goje

The Federal High Court Sitting in Jos, Plateau State has struck out 19 out of the 21 charges pressed against Senator Danjuma Goje and three others over allegations of fraud.

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CASER: Desperate persons ‘using EFCC to embarrass’ ex-AGF Adoke

The Citizens’ Advocacy for Social & Economic Rights (CASER) has condemned the warrant arrest issued against Mohammed Adoke, former attorney-general of the federation.