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Money Laundering Prohibition Act

A lawyer walks through the compound at the Federal High Court in Ikoyi district in Lagos, Nigeria, May 8, 2018. REUTERS/Akintunde Akinleye

Bank server hacked, company’s N752 million stolen – auditor tells court

A Federal High Court in Lagos has heard how thieves hacked United Bank for Africa (UBA) Plc computers and stole N752 million from a Flour Mills of Nigeria Plc, account.
The Economic and Financial Crimes Commission (EFCC) on Thursday in an FCT High Court in Maitama, re-arraigned a deputy director with the National Emergency Management Agency (NEMA), Emenike Umesi, for alleged misappropriation of N54.3 million.

EFCC re-arraigns Atiku Abubakar’s son-in-law

The Economic and Financial Crimes Commission (EFCC) on Tuesday, re-arraigned Abdullahi Babalele, said to be son-in-law to former Vice-President Atiku Abubakar, over alleged money laundering charges.

Dasukigate: Olisa Metuh, EFCC to adopt written addresses on November 26

The Federal High Court, Abuja has fixed Nov. 26 for counsel to adopt their final written addresses in the ongoing trial of Olisa Metuh, former Spokesman of the Peoples Democratic Party, (PDP).
Justice Patricia Ajoku of the Federal High Court in Ibadan ordered the remand of the suspect, Onifade Gideon Idowu in prison pending when a case of alleged fraud filed against him was decided.

‘Internet scammer’ rakes in N30 million, remanded

An alleged internet scammer has been arraigned in court for raking in N30 million through dubious means, forgery, fake representation and obtaining money under false pretence.
The Economic and Financial Crimes Commission (EFCC) says an investigation is ongoing on the seized $2.8 million at Akanu Ibiam International Airport, Enugu.

Man remanded over ‘N30 million internet fraud’

Justice Patricia Ajoku of the Federal High Court I sitting in Ibadan, the Oyo State capital, has ordered that one Onifade Gideon Idowu be remanded in prison pending when a case of alleged internet fraud filed against him is decided.
Omoyele Sowore

#RevolutionNow: Omoyele Sowore to be arraigned Monday

The Federal Government will, on Monday, arraign Sahara Reporters publisher and convener of #RevolutionNow protests, Omoyele Sowore, before the Federal High Court in Abuja.
The Nigerian Financial Intelligence Unit (NFIU) has disclaimed reports that it requested the bank account details of officers of the national assembly and the judiciary.

Wealthy Nigerians on edge over NFIU searchlight

Recalcitrant tax defaulters, high-end politicians, top civil servants, businessmen and other wealthy Nigerians with questionable sources of income are now in panic mode as the Nigerian Financial Intelligence Unit (NFIU) and other anti-graft agencies began beaming their searchlight on them in line with the Federal Government’s effort to retrieve state funds tallegedly siphoned in shady transactions.
Atiku Abubakar, presidential candidate of the Peoples Democratic Party (PDP), has again accused President Muhammadu Buhari of clamping down on the judiciary.

Money laundering: Atiku Abubakar’s son-in-law released

The Economic and Financial Crimes Commission (EFCC) has released from its custody Abdullahi Babalele, the son-in-law of the Peoples Democratic Party (PDP) presidential candidate in 2019, Atiku Abubakar.
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.
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.
A former Independent National Electoral Commission (INEC) Chairman Prof. Maurice Iwu has arrived the Federal High Court in Lagos for his arraignment.

Ex-INEC chairman arraigned, denies N1.23 billion fraud

The Economic and Financial Crimes Commission on Thursday arraigned a former chairman of the Independent National Electoral Commission, Prof Maurice Iwu, for an alleged fraud of N1.23bn.
A former Independent National Electoral Commission (INEC) Chairman Prof. Maurice Iwu has arrived the Federal High Court in Lagos for his arraignment.

Ex-INEC chairman pleads not guilty, remanded

The Economic and Financial Crimes Commission (EFCC) on Thursday arraigned a former Independent National Electoral Commission (INEC) Chairman, Prof. Maurice Iwu, at the Federal High Court in Lagos.

Four men plead guilty to unlawful possession of N1 billion gold, €112,800

Four men, on Friday, admitted their guilt at the Federal High Court in Abuja, conceding that they were unlawfully in possession of smelted gold worth over N1bn and €112,800 on August 10, 2018.
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 arraigns seven over unlawful possession of N1.1 billion gold, €112,800 cash

Four men and three companies were on Friday arraigned before a Federal High Court in Abuja on charges bordering on unlawful possession of gold valued at over N1.1billion.
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.
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.

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