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Money Laundering Act

Minister of State for Federal Capital Territory (FCT), Olajumoke Akinjide

EFCC rejects transfer of ex-minister Jumoke Akinjide’s case to new judge

The Economic and Financial Crimes Commission (EFCC) has rejected the transfer of a money laundering case against former Minister of the Federal Capital Territory Mrs Jumoke Akinjide to a new judge.

Court issues bench warrant against ex-Niger governor, PDP candidate

A Federal High Court sitting in Minna, on Thursday, issued a bench warrant against a former governor of Niger State, Babaginda Aliyu, for failing to appear before it.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

N20 million fraud: Kwara permanent secretary , others to remain in EFCC custody

Four officials of the Kwara state government accused of N20.3 million money laundering by the Economic and Financial Crimes Commission (EFCC) were Wednesday returned to the custody of the anti-graft agency.
The President of the Senate, Dr Bukola Saraki has cautioned politicians against overheating the polity ahead the general elections.

EFCC begins fresh investigation against Senator Saraki

The Economic and Financial Crimes Commission (EFCC) has initiated a fresh investigation against outgoing Senate President, Bukola Saraki.

Appeal court upholds Congolese’s conviction for money laundering, forfeiture of $551,225 to federal government

The Court of Appeal, sitting in Lagos, Tuesday affirmed the conviction of a Congolese, Kutumisana Mbutu Blaise, and forfeiture of $551,225 to the federal government over money laundering.

Money laundering: Absence of counsel stalls trial of lawyer Dele Belgore

Absence of Mr Ebun Shofunde, SAN, defence counsel to Mr Dele Belgore, SAN, has stalled his trial in the N450 million money laundering charge filed in a Federal High Court in Lagos.

Dele Belgore: I had no dealings with Diezani Alison-Madueke

A Senior Advocate of Nigeria (SAN), Dele Belgore, on Tuesday told the Federal High Court in Lagos that he never met or dealt with former Petroleum Resources Minister Mrs. Diezani Alison-Madueke.
Tunde Ayeni

EFCC: Tunde Ayeni took N17.4bn cash from Skye Bank in one year

The Economic and Financial Crimes Commission, EFCC, says a former Chairman of the defunct Skye Bank Plc (now Polaris Bank), Tunde Ayeni, took N17.4bn raw cash from the suspense account of the bank between January 1 and December 31, 2014.

Olisa Metuh insists ex-President Jonathan gave him N400 million

Ex-Publicity Secretary of the Peoples Democratic Party (PDP), Olisa Metuh, told a Federal High Court in Abuja on Tuesday that former President Goodluck Jonathan gave N400million in respect of which he is now being prosecuted.

Court adjourns ex-NAF chief trial until after elections

A Federal High Court in Lagos on Wednesday adjourned the trial of former Chief of Air Staff, Adesola Amosu, a retired Air Marshal and two others, over alleged N21.4 billion fraud until March 6.
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 man with $207,000 at Kano airport

The Economic and Financial Crimes Commission (EFCC) has arrested one Sani Abdullahi, at the Malam Aminu Kano International Airport, over alleged money laundering.
Paul Usoro

NBA chief Paul Usoro arraigned over alleged N1.4 billion fraud, gets N250 million bail

Paul Usoro (SAN), the President of the Nigerian Bar Association (NBA), has been arraigned before the Federal High Court, sitting in Ikoyi, Lagos, over N1.4 billion fraud charge.

Money laundering: Court admits ex-Skye Bank chairman, MD to N50 million bail each

A Federal High Court in Abuja on Monday, admitted Tunde Ayeni, former Chairman of the defunct Skye Bank Plc, now Polaris Bank and a former Managing Director of the bank, Timothy Oguntayo, to bail in the sum of N50 million each.
Paul Usoro

N1.4 billion fraud: Court orders personal service of criminal charge on NBA’s Paul Usoro

Proposed arraignment of the Nigerian Bar Association President, Paul Usoro, over alleged N1.4 billion fraud, was today, stalled due to non-service of the criminal charge on the accused

Absence of EFCC counsel stalls Babangida Aliyu’s alleged money laundering trial

Absence of counsel to the Economic and Financial Crimes Commission stalls the trial of former Niger Governor Babangida Aliyu
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

N1.4 billion fraud: Court fixes date for NBA chief Paul Usoro’s arraignment

Justice Muslim Hassan of the Federal High Court in Lagos fixes December 18 for the arraignment of the embattled President of the Nigerian Bar Association (NBA), Mr Paul Usoro (SAN), over an alleged N1.4 billion fraud

N1.4 billion fraud: NBA president for arraignment December 10

President of the Nigerian Bar Association, Mr. Paul Usoro (SAN), will, on Monday, December 10, be arraigned by the Economic and Financial Crimes Commission (EFCC) over alleged N1.4 billion .

Air Marshal Amosu’s trial for money laundering continues today

The trial of former Chief of Air Staff, Air Marshal Adesola Amosu (retd.) and two others will resume in Lagos today at the Federal High Court in Ikoyi.

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The Federal Government’s decision to celebrate Democracy Day on June 12 henceforth attest to the Buhari administration’s commitment to progressive ideals, especially as it relates to the political history of the country.

June 12: Celebration shows President Buhari committed to progressive ideals – VP Osinbajo

The Federal Government’s decision to celebrate Democracy Day on June 12 henceforth attest to the Buhari administration’s commitment to progressive ideals, especially as it relates to the political history of the country.

Speaker Gbajabiamila: No more business as usual

The New Speaker of the House of Representatives, Femi Gbajabiamila, says the running of the House would no longer be business as usual, as he pledged to introduce drastic reforms.
The Federal Capital Territory (FCT) administration has raised alarm over rising cases of insecurity and vandalism in the territory. Abuja

NGO unveils ‘Queens of Peace Nigeria’ in FCT

Messengers of Peace, an NGO that advocates peaceful co-existence among Nigerians, on Tuesday unveiled ‘Queens of Peace Nigeria’ to champion the crusade for national peace and unity.
Adams Oshiomhole

Comrade Oshiomhole upbeat about Ninth Senate

Comrade Adams Oshiomhole, National Chairman, All Progressives Congress (APC), says with the emergence of the party’s preferred candidates as presiding officers of the 9th assembly, the ruling party will have no reason not to deliver on its promises.

Rochas Okorocha: Why we are appealing against Court Ruling – INEC

The Independent National Electoral Commission (INEC) has explained why it decided to appeal the court ruling directing it to issue a certificate of return to embattled ex-governor of Imo State, Rochas Okorocha.