Tag: EFCC
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COURT SETS OCTOBER 16 DEADLINE FOR EFCC, FORMER GOV. NYAKO TO SETTLE ₦29BN FRAUD CASE OUT OF COURT OR FACE TRIAL
COURT SETS OCTOBER 16 DEADLINE FOR EFCC, FORMER GOV. NYAKO TO SETTLE ₦29BN FRAUD CASE OUT OF COURT OR FACE TRIAL The Federal High Court in Abuja is putting its foot down—EFCC and ex-Adamawa Governor Murtala Nyako have until October 16 to either wrap up their plea bargain on the alleged ₦29 billion fraud or…
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CRYPTO WHODUNNIT: CBEX PROMOTER ADEFOWORA ABIODUN GRANTED N20M BAIL
CRYPTO WHODUNNIT: CBEX PROMOTER ADEFOWORA ABIODUN GRANTED N20M BAIL Another alleged bigwig in the Crypto Bridge Exchange (CBEX) investment scam, Adefowora Abiodun, just bagged a N20 million bail, but not without some serious strings attached—like finding two landed property owners to vouch for him! This comes after the EFCC slapped him with an amended eight-count…
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CYBERCRIME CRACKDOWN: ELECTRICIAN, 10 OTHERS CONVICTED IN KWARA
CYBERCRIME CRACKDOWN: ELECTRICIAN, 10 OTHERS CONVICTED IN KWARA Eleven Nigerians, including a 20-year-old electrician, have been convicted for cybercrime in Ilorin as EFCC steps up its fight against internet fraud. Sentences range from jail terms to community service, with forfeiture of phones, cash, and gadgets tied to illicit gains. Convicts used fake identities and social…
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EFCC PRESENTS MORE WITNESSES IN EX-KWARA GOV AHMED’S N5.78BN FRAUD TRIAL
EFCC PRESENTS MORE WITNESSES IN EX-KWARA GOV AHMED’S N5.78BN FRAUD TRIAL EFCC continues its prosecution of former Kwara Governor Abdulfatah Ahmed and ex-Finance Commissioner Ademola Banu in a N5.78 billion fraud case, presenting new witnesses to unravel alleged UBEC fund diversion. At the resumed hearing, witness testimonies revealed details about borrowing N1 billion for civil…
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FEDERAL HIGH COURT ADJOURNS NYAKO PLEA BARGAIN HEARING TO JULY 25
FEDERAL HIGH COURT ADJOURNS NYAKO PLEA BARGAIN HEARING TO JULY 25 A Federal High Court in Abuja has postponed the plea bargain hearing between former Adamawa Governor Murtala Nyako and the EFCC until July 25, citing delays linked to the late President Buhari’s death. EFCC’s lawyer, Rotimi Jacobs (SAN), explained the Attorney-General’s inability to finalize…
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EFCC CHAIRMAN SAYS CORRUPT POLITICIANS HID STOLEN FUNDS IN CRYPTOCURRENCY
EFCC CHAIRMAN SAYS CORRUPT POLITICIANS HID STOLEN FUNDS IN CRYPTOCURRENCY Corrupt politicians are now using cryptocurrencies to stash stolen public funds and dodge investigations, warns EFCC Chairman Ola Olukoyede. Speaking at the AU Anti-Corruption Day event in Ibadan, Olukoyede revealed that virtual assets—while legal—are increasingly exploited for money laundering and fraudulent schemes. The EFCC has…
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EFCC SOUNDS THE ALARM: CRYPTO SCAMS ARE THE NEW WOLF IN DIGITAL SHEEP’S CLOTHING
EFCC SOUNDS THE ALARM: CRYPTO SCAMS ARE THE NEW WOLF IN DIGITAL SHEEP’S CLOTHING Think crypto is your golden ticket? Think again! The EFCC just dropped a serious warning: scammers are cashing in on your clicks and crypto dreams. Stay sharp, Nigeria!Nigeria’s EFCC is waving the red flag high on crypto scams, calling out fraudsters…
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EFCC BOSS URGES NATIONAL ASSEMBLY: PASS THE UNEXPLAINED WEALTH BILL NOW
EFCC BOSS URGES NATIONAL ASSEMBLY: PASS THE UNEXPLAINED WEALTH BILL NOW No more hiding wealth in plain sight—EFCC’s Ola Olukayode is calling on lawmakers to pass the Unexplained Wealth Bill and help Nigeria finally clamp down on corruption and illicit riches. The EFCC Chairman, speaking at a national conference on fiscal governance, highlighted shocking findings…
