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Money Laundering Act
The trial of former Ekiti State Governor, Ayodele Fayose, for an alleged N2.2bn fraud started afresh on Monday, with the Economic and Financial Crimes Commission recalling its first witness.
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.
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.
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.
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.
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 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.
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.
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.
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.
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.
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.
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.
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.
Ondo State Government has denied a report that the embattled monarch of Ayetoro town in Ilaje Local Government of the state, Olorunmbe Ojagbohunmi, had been released from the prison unconditionally.
The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, Tuesday lamented the widening scourge of corrupt practices pervading the country.
Pensioners in Ekiti State have described the first year of Governor Kayode Fayemi in office as a “huge blessing to them” in terms of better welfare package.
Former Chairman of Police Service Commission, Chief Simon Okeke, has described the nation’s police officers as the poorest paid in Africa amidst risks taken in the line of duties.
The Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of a popular Instagram celebrity, Ismaila Mustapha popularly known as ‘Mompha.’
NFF’s Second Vice President/Chairman, League Management Company, Shehu Dikko, on Thursday called on the nation’s football family to unite than ever, as the present administration pursues the implementation of policies and programmes to take the nation’s game to higher heights.
Television projections declared the Liberals winners or leading in 157 of the nation’s 338 electoral districts, versus 121 for his main rival Andrew Scheer and the Conservatives, after polling stations across six time zones closed.
The Coalition of Civil Society Network for HIV/AIDS in Nigeria has said that increased funding for curative and preventive intervention for HIV/AIDS will give rise to zero level response in Nigeria.
Workers of Kaduna Electricity Distribution Company (KAEDCO), on Tuesday, shut down the headquarters areas and outstation offices of the company across the state.
Students of some public secondary schools in Lagos State have been protesting against mass failure following their promotional examination from SSSII to SSSIII.