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Money Laundering

The Controller of the Nasarawa State Command of the Nigeria Correctional Service, Emmanuel Okoro, on Thursday refuted reports by a section of the media which claimed there was a jail break at the Keffi Old Prison.

Banker jailed one year for fraud

A Divisional High Court in Osogbo, on Tuesday jailed a 51-year-old banker, Yetunde Adewunmi, for conspiracy and fraud.
Centre For Anti-Corruption and Open Leadership (CACOL)

Money laundering: CACOL lauds federal government, EFCC’s action on Abdulrasheed Maina’s case

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 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).

Former NIMASA chief forfeits N37.5 million, hotel

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.
Convener of #RevolutionNow protest, Mr. Omoyele Sowore, has arrived the Federal High Court in Abuja for his arraignment on charges of treasonable felony and other sundry offences instituted against him by the Federal Government. 5

#RevolutionNow: Omoyele Sowore’s bail conditions can’t be met – lawyer

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.
Convener of #RevolutionNow protest, Mr. Omoyele Sowore, has arrived the Federal High Court in Abuja for his arraignment on charges of treasonable felony and other sundry offences instituted against him by the Federal Government.

#RevolutionNow: Omoyele Sowore, co-defendant get N150 million bail

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.

Federal government to conduct fresh oil blocks bid rounds in 2020 – minister

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.

Former permanent secretary jailed for SURE-P fraud

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.
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.
Supporters of the independent presidential candidate, Kais Saied in Tunisia began celebrations after a polling firm projected him as the winner.

Tunisia sets presidential election runoff for October 13

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.

Former bank chief seeks more time for settlement over ‘fraud’

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.
President Muhammadu Buhari has felicitated with all the 2019 Nigerian pilgrims over the successful completion of their Hajj rites and the Eid-el-Kabeer celebration.

[email protected]: President Buhari’s independence day speech — full text

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
Ronaldo missed out as Lionel Messi was named FIFA Best Player of the Year for the sixth time on Monday.

Spanish court dismisses fraud case against Lionel Messi

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.
Convener of #RevolutionNow protest, Mr. Omoyele Sowore, has arrived the Federal High Court in Abuja for his arraignment on charges of treasonable felony and other sundry offences instituted against him by the Federal Government.

Omoyele Sowore arraigned, remanded in DSS custody

The convener of #RevolutionNow protest and publisher of Sahara Reporters, Mr Omoyele Sowore, and his co-defendant, Mr Olawale Bakare, have been remanded in the custody of the DSS.
Convener of #RevolutionNow protest, Mr. Omoyele Sowore, has arrived the Federal High Court in Abuja for his arraignment on charges of treasonable felony and other sundry offences instituted against him by the Federal Government. 4

Federal government accuses Omoyele Sowore of transferring over $50,000 ‘illicit funds’

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

GIABA strengthens EFCC’s capacity to fight money laundering

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.
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.

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Senator Lokpobiri: Bayelsa has shown willingness to change destiny

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.
The Independent National Electoral Commission has relocated the collation of results of Bayelsa State governorship election in Nembe, Southern Ijaw Local Government Areas to its headquarters in Yenagoa under heavy security.

YIAGA: Bayelsa election results were manipulated

YIAGA AFRICA, a civil society organisation (CSO), says there are indications that the results of the Bayelsa state gubernatorial election were manipulated.
A member of Manchester United's backroom team has been taken to hospital after falling ill, the club have confirmed.

Lack of Champions League begins to hit Manchester United finances

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.

Dane to revisit crime scene of wife’s, daughter’s murder

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.
Retired Col. Hameed Ali, Comptroller-General of Nigeria Customs Service (NCS), on Thursday said the closure of Nigeria’s borders by Federal Government was undertaken to strengthen the nation’s security and protect its economic interests.

Customs proposes 5% levy slash on imported vehicles

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%.