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Money Laundering Prohibition Act

The Economic and Financial Crimes Commission, EFCC has arrested Justice Rita Ofili-Ajumogobia, a dismissed judge of the Federal High Court, after corruption charges against her were struck out by an Ikeja High Court.

Court dimisses application by Justice Ofili-Ajumogobia seeking to stop trial

Justice Rilwan Aikawa of a Federal High Court Lagos, Friday, dismissed a preliminary objection by embattled Judge of the court, Rita Ofili-Ajumogobia, facing Money Laundering charge.
Femi Fani--Kayode

Court dismisses Femi Fani-Kayode’s involuntary statement claim

The Federal High Court in Lagos Monday dismissed a claim by a former Minister of Aviation Chief Femi Fani-Kayode’s claim that extrajudicial statements he made at the Economic and Financial Crimes Commission (EFCC) were not voluntary.

2015 election: Dele Belgore tells court how N450 million was shared

Mr Dele Belgore (SAN), who is being prosecuted for allegedly laundering N450m in the build-up to the 2015 General Election, has told the Federal High Court in Lagos how he distributed part of the money to the police, army, Department of State Services and others.
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 re-arraigns ex-minister Wakil, four others for alleged N450 million fraud

The Economic and Financial Crimes Commission, EFCC, on Tuesday has re-arraigned a former Minister of State for Power, Muhammad Wakil and four others before Justice J.K. Dagad of the Federal High Court, Maiduguri, Borno State on a seven-count charge bordering on criminal conspiracy and money laundering to the tune of N450 million.

Court adjourns Masari’s N107.7 million fraud case to July 2

Justice Okon Abang of the Federal High Court, Abuja, has adjourned till July 2, for continuation of hearing in the case involving the former Director General, Small and Medium Enterprises Development Agency of Nigeria (SMEDAN), Bature Masari.

Erastus Akingbola’s money laundering trial resumes June 13

A Federal High Court in Lagos on Tuesday adjourned until June 13, the money laundering trial of a Managing Director of the defunct Intercontinental Bank Plc., Erastus Akingbola.
Tuoyo Omatsuli

N3.6 billion fraud: NDDC recovered N100 billion from IOC – witness

A prosecution witness, Mr Ibinabo Micheal-West, on Monday, told a Federal High Court sitting in Lagos, that the Niger Delta Development Commission (NDDC) recovered over N100 billion from International Oil companies (IOC).
Ayodele Fayose, former governor of Ekiti state, has arrived the federal high court in Lagos where he is on trial for money laundering and abuse of office. 3

Ayo Fayose’s trial: EFCC has lost confidence in Justice Olatoregun – CJ

The Chief Judge (CJ) of the Federal High Court of Nigeria, (FHCN) , Justice Adamu Abdul-Kafarati, has declared that the Economic and Financial Crimes Commission, (EFCC,) has lost confidence in Justice Mojisola Olatoregun in the ongoing trial of the immediate past governor of Ekiti State, Ayodele Fayose.
Ayodele Fayose, former governor of Ekiti state, has lost out in his bid to be granted bail by the federal high court in Lagos.

CJ transfers Ayo Fayose’s N6.9 billion fraud case to new judge

The Chief Judge (CJ) of the Federal High Court has transferred the trial of the former Governor of Ekiti State, Ayodele Fayose, charged with alleged N6.9 billion fraud, to a new judge.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Court fines ex-NIMASA boss N42 million for stealing N225 million

The Federal High Court in Lagos on Monday sentenced a former acting Director-General of the Nigerian Maritime Administration and Safety Agency, Calistus Obi, to seven years imprisonment for N225m fraud.
Chijioke Ahamefula

Court jails fake online marketer for internet fraud

Justice H.J.O Oshomah of the Federal High Court sitting in Port Harcourt, Rivers State, has convicted and sentenced Chijioke Ahamefula to three months imprisonment, for aiding and abetting, internet fraud and obtaining money under false pretences in some fraudulent online marketing deals.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Court remands pupil, others in prison custody for alleged internet fraud

Justice Garba Umar of the Federal High Court, Benin City, Edo State, on Friday ordered that Akhigbe Gabriel, a secondary school pupil, be remanded in prison custody for alleged impersonation and internet fraud.
The Economic and Financial Crimes Commission, EFCC has arrested Justice Rita Ofili-Ajumogobia, a dismissed judge of the Federal High Court, after corruption charges against her were struck out by an Ikeja High Court.

Money laundering: Justice Ajumogobia hospitalised – counsel

A Federal High Court in Lagos on Friday heard that one of its judges facing money laundering charges before the court, Justice Rita Ofili-Ajumogobia, is on admission at a Lagos hospital and could not stand trial.
Governor Udom Emmanuel

N1.4 billion fraud: Governor Emmanuel loses bid to quash charge against NBA chief Paul...

Justice Rilwan Aikawa of the Federal High Court sitting in Ikoyi, has dismissed an application filed by Akwa Ibom State Governor, Emmanuel Udom, seeking to quash the entire charge preferred against Paul Usoro, SAN, President, Nigerian Bar Association, NBA, by the Economic and Financial Crimes Commission, EFCC.
A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Court remands man over alleged N492.5 million fraud

A Lagos Division of the Federal High Court on Tuesday ordered the remand in the Economic and Financial Crimes Commission’s custody of a man accused of a N492.5 million fraud.
Tunde Ayeni

Court adjourns ex-Skye Bank chief’s alleged N25 billion fraud trial to July 2

Justice Ijeoma Ojukwu of a Federal High Court, Abuja, has adjourned the trial of a former Chairman, Board of Directors, Skye Bank Plc (now Polaris Bank), Tunde Ayeni, to July 2, 2019.
President Buhari signs New National Minimum Wage Bill into Law in State House on 18th April 2019 1

President Buhari rejects bid to stop EFCC, ICPC, others from seizing assets

The bill is seeking to establish the Proceeds of Crimes Recovery and Management Agency (POCA), which will strip the Economic and Financial Crimes Commission (EFCC) and six other agencies of powers to seize assets or invoke the forfeiture clause. It has been sent to the President.
Tunde Ayeni

EFCC re-arraigns Skye Bank chairman, managing director over alleged N8 billion fraud

The Economic and Financial Crimes Commission, EFCC, has re-arraigned a former Chairman, Board of Directors, Skye Bank Plc (now Polaris Bank), Tunde Ayeni, and the former Managing Director, MD of the Bank, Timothy Ajani Oguntayo, before Justice Ijeoma Ojukwu, of a Federal High Court, Abuja, on an eight-count charge bordering on money laundering to the tune of N8 billion.

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