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Money Laundering

The Supreme Court found Augusto da Silva Tomas, who was minister under former leader Jose Eduardo dos Santos, guilty of six counts including corruption, embezzlement, money laundering and abuse of power.

Angolan ex-minister jailed 14 years for corruption

An Angolan ex-transport minister was on Thursday jailed for 14 years for corruption, making him the first high profile official to be convicted since President Joao Lourenco took office two years ago.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

Group urges EFCC to order arrest, prosecution of former AGF for ‘corruption, abuse of...

A civil society group, Global Integrity Crusade Network (GICN) have asked the Economic and Financial Crimes Commission (EFCC), to order an arrest and prosecution of the former Attorney-General of the Federation and Minister of Justice, Michael Kaase Aondoakaa, SAN within the next seven days on alleged corruption and abuse of office.
Head of the Civil Service of the Federation, Mrs Winifred Oyo-Ita

EFCC probes Head of Service over ‘N3 billion contract scam’

The Economic and Financial Crimes Commission is investigating the Head of the Civil Service of the Federation, Mrs. Winifred Oyo-Ita, over alleged N3 billion fraud.
Atiku Abubakar

Court orders remand of Atiku Abubakar’s son-in-law

The Justice Nicholas Oweibo-led Federal High Court sitting in Lagos has, Wednesday, ordered that Abdullahi Babalele, the son in-law to ex-Vice President and the Presidential Candidate of the People’s Democratic Party, PDP, in the 2019 general elections, Atiku Abubakar, be remanded in EFCC’s custody.
South Africa's President Cyril Ramaphosa has appointed 50 percent women in his new cabinet, a first for Africa's second biggest economy.

South African president wins legal fight with anti-corruption watchdog

President Cyril Ramaphosa won the latest round of a legal battle with South Africa’s anti-corruption watchdog on Monday, as a judge delayed implementation of findings linked to its claim that he misled parliament about a leadership campaign donation.
Atiku Abubakar

Atiku Abubakar’s lawyer, son-in-law detained for ‘money laundering’

Ahead of trial for laundering of $2 million, the Economic and Financial Crimes Commission (EFCC) has detained Abdullahi Babalele, who is a son-in-law to ex-Vice President Atiku Abubakar, and Atiku’s lawyer, Mr. Uyi Giwa-Osagie.
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 arrests Atiku Abubakar’s lawyer, son-in-law for ‘money laundering’

The Economic and Financial Crimes Commission has arrested two persons close to Nigerian opposition leader, Atiku Abubakar.
Tanzanian investigative journalist, Erick Kabendera, sits inside the Kisutu Residents Magistrate Court in Dar es Salaam, Tanzania Aug. 5, 2019. (Reuters)

Arrest of journalist: UK, US urge Tanzania to respect ‘due process’

As a result of the arrest and arraignment of a freelance investigative journalist in Tanzania, Erick Kabendera, both the United Kingdom and United States have urged the authorities in the country on Friday to guarantee due process of law in the case.

EFCC to arraign former INEC chairman over ‘N1.2 billion scam’

Economic and Financial Crimes Commission (EFCC) is set to arraign a former Chairman of the Independent National Electoral Commission (INEC) Prof. Maurice Iwu.
Crown operates in Perth and Victoria, with a further casino in the pipeline for Sydney.

Australian gambling giant denies links to organized crime

A television documentary has made allegations linking Australia’s gambling giant, Crown Casino, to organized crime, money laundering and human trafficking. The company has taken out newspaper ads denying the allegations.

EFCC secures final forfeiture of N150 million plaza in Ilorin

The Ilorin Zonal Office of the Economic and Financial Crimes Commission, EFCC, has secured the final forfeiture of “Asmau Plaza”, valued at about N150million, traced to Rasaq Momonu, Controller, Finance and Account, Kwara State Government House, which is believed to be proceeds of crime.

Malabu scam: Why we are after ex-AGF Adoke, others – EFCC

The investigation also revealed that the Adoke as the Attorney General and Minister of Justice abused his office in respect of the granting of the oil prospecting license OPL 245 to Shell and ENI.
Amos Paul Gabriel in a Lamborghini before he was jailed two months ago

Nigerian in Singaporean prison charged with $37,745 fraud

A 48-year-old Nigerian man, Amos Gabriel, jailed two months ago over a scheme aimed at defrauding Citibank in New York City was on Wednesday arraigned for a fresh offence of cheating.
Amos Paul Gabriel in a Lamborghini before he was jailed two months ago

Nigerian national jailed for fraud in Singapore swindles co-prisoner

Amos Paul Gabriel, the Lamborghini driving Nigerian who was jailed two months ago in Singapore over a scheme to swindle Citibank in New York City, was charged in court on Wednesday with a fresh offence of cheating.
Facebook more than doubled the money it spent on Chief Executive Officer Mark Zuckerberg's security in 2018 to $22.6 million, a regulatory filing showed on Friday.

Facebook to create a privacy panel as part of $5 billion FTC settlement

The Federal Trade Commission is set to announce on Wednesday that Facebook has agreed to a sweeping settlement of significant allegations it mishandled user privacy and pay $5 billion, two people briefed on the matter said.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Judge: I’m authorised by fiat to conclude Kalu’s trial

Justice Mohammed Idris of a Federal High Court in Lagos, Monday, informed parties that he has been authorised by fiat to conclude the fraud trial of a former Governor of Abia, Orji Kalu.
President Muhammadu Buhari, Thursday said that illicit financial flows in Nigeria and Africa, aggravate insecurity in the region.

President Buhari: Illicit funds fuel insecurity in Nigeria, Africa

President Muhammadu Buhari, Thursday said that illicit financial flows in Nigeria and Africa, aggravate insecurity in the region.
Facebook, Messenger and Instagram apps are are displayed on an iPhone. Jenny Kane-AP

Facebook slammed with $5 billion fine over privacy breaches

Facebook Inc has been slammed with a hefty $5billion fine by the U.S. Federal Trade Commission following its investigation into the social media company’s handling of user data, multiple sources familiar with the situation said.

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Lagos government scales up fish production

Lagos State Government says it is implementing programmes and projects that would upscale fish production and harness the enormous economic opportunities available in the agricultural value chains in the State.

Chad declares emergency in east after dozens die in ethnic violence

Chad President Idriss Deby declared a state of emergency in two eastern provinces on Sunday after violent intercommunal clashes left dozens dead earlier this month.
A board member of the Athletics Federation of Nigeria (AFN), Brown Ebewele, says the country is risking its chances of winning the forthcoming African Games following the choice of athletes by the federation to represent the country.

African Games: Organisers formally welcome Team Nigeria

Organisers of the 12th African Games on Sunday, officially welcomed Team Nigeria to “Rabat 2019”, with a flag-raising ceremony at the Games Village located at the International University of Rabat.

Police found decomposing body of farm worker on mango tree

The Police in Ogun State have discovered the decomposing remains of a farm worker, who was allegedly murdered by his boss, over allegation of stealing.

Pastor blames devil, poor tithes for stealing N1.2 million SUV

The Pastor of Jesus Miracle Church at No. 16, Ado-Odo Road, Afan, Sango-Ota, Ogun State, Jeremiah Ehindero, has said he stole a N1.2million vehicle when his congregation’s tithes and offerings was not enough to pay off a N650,000 bank loan.