Home Topics Money Laundering
The Centre for Anti-Corruption and Open Leadership (CACOL) has applauded the Federal Government and the Economic and Financial Crimes Commission (EFCC) on the confiscation of multi-million naira properties belonging to Abdulrasheed Maina, former chairman of the Pension Reforms Task Team, over money laundering.
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 Saliu Saidu of the Federal High Court sitting in Ikoyi, Lagos, on Monday, ordered the temporary forfeiture of four bank drafts totalling N37.5m and a hotel, La Diva, belonging to Calistus Obi, a former acting Director-General, Nigerian Maritime Administration and Safety Agency, NIMASA.
Omoyele Sowore, convener of the #RevolutionNow Movement, is still in custody of the Department of State Services (DSS) because his bail conditions have not been met.
Four days after they were arraigned and remanded in custody, the Federal High Court sitting in Abuja, on Friday, granted bail to detained activist and convener of the #RevolutionNow protest, Omoyele Sowore and his co-defendant, Olawale Bakare (aka Mandate).
The Minister of State for Petroleum Resources, Mr. Timipre Sylva, yesterday disclosed that the federal government plans to conduct oil blocks bid rounds in 2020.
A former Federal Permanent Secretary in the Ministry of Labour and Productivity, Clement Illoh Onubuogo, has been sentenced to five years in jail over N14.1m SURE-P fraud.
Tunisia's electoral commission said Wednesday the country's presidential election runoff would take place on October 13 despite calls to postpone the vote by the party of a jailed frontrunner.
A former Chairman of a defunct new generation bank, on Monday prayed a Federal High Court in Abuja to allow him more time to conclude settlement talks with the Economic and Financial Crimes Commission (EFCC) on the alleged money laundering charge brought against him and another person.
Remember the sacrifices made by our Founders and great leaders past; by soldiers, by distinguished public servants; by traditional leaders, by our workers —- sacrifices on which Nigeria has been built over the 59 years since Independence in 1960; and
Spain’s National Court on Monday said it had dismissed a complaint against Barcelona’s Lionel Messi filed by a former employee of the Argentine footballer’s foundation, who had accused him of fraud, embezzlement and money laundering.
The federal government Monday accused Omoyele Sowore, the publisher of Sahara Reporters and the presidential candidate of the African Action Congress (AAC), of transferring $50,000 illicit funds
In its determination to boost the fight against money laundering and terrorism financing in West Africa, the Inter-Governmental Action against Money laundering in West Africa, GIABA, between Monday September 23 and Friday exposed officers of the Economic and Financial Crimes Commission, EFCC, to latest Anti-Money laundering and countering financing of terrorism trends.
The Federal Government will, on Monday, arraign Sahara Reporters publisher and convener of #RevolutionNow protests, Omoyele Sowore, before the Federal High Court in Abuja.
Former Minister of State for Agriculture and Rural Development, Senator Heineken Lokpobiri, has commended the people of Bayelsa State for changing their destiny by voting the All Progressives Congress (APC) in the Saturday election.
YIAGA AFRICA, a civil society organisation (CSO), says there are indications that the results of the Bayelsa state gubernatorial election were manipulated.
Manchester United’s failure to qualify for the Champions League is beginning to erode the club’s finances, but increased commercial income helped the English giants post revenues of £135.4 million ($174 million) for the first quarter of the 2019-2020 season on Monday.
Justice Bolanle Okikiolu-Ighile of the Lagos High Court, Igbosere on Monday, November 18, granted the application of a Dane, Peter Nielsen, accused of killing his wife and daughter, to revisit the scene of the crime which was sealed off after the incident last year.
Cost of used and new imported vehicles is set to drop if the Ministry of Finance approves the proposal of the Nigeria Customs Service (NCS) which recommended a reduction of the levy from 35% to 5 or 10%.
Ex-Chelsea midfielder John Obi Mikel has labelled "incredible" Real Madrid winger Eden Hazard the laziest of all his former team-mates.
Deputy Senate President, Senator Ovie Omo-Agege, has described the All Progressives Congress (APC), victory in Bayelsa State as an assurance that more South-South states will be won by the party in future elections.
Director General, National Council for Arts and Culture (NCAC), Chief Olusegun Runsewe, on Friday said no fewer than 30 countries would participate in the International Arts and Crafts Expo slated to hold in Abuja.
President of the Senate, Ahmad Lawan, has said amendment to the Public Procurement Act 2007 by the National Assembly will guarantee successful implementation of the 2020 budget.
Italy was poised to declare a state of emergency for Venice Thursday after an exceptional tide surged through churches, shops and homes, causing millions of euros worth of damage to the UNESCO city.