Tag: #EFCC
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EFCC ROLLS OUT ENHANCED DIGITAL FORENSIC TOOLS, EDUCATION TO FIGHT ECONOMIC CRIMES AND BOOST PRODUCTIVITY
The Economic and Financial Crimes Commission (EFCC) is stepping up with advanced digital forensic technology, broader public education, and stricter compliance frameworks to tackle emerging economic crimes and improve Nigeria’s productivity. EFCC Chairman Mr. Olanipekun Olukoyede highlighted these initiatives at the WorldStage Economic Summit 2025 in Lagos, focusing on the need to curb threats such…
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EFCC AND NATIONAL DEFENCE COLLEGE TEAM UP TO REVAMP CURRICULUM FOR TODAY’S SECURITY CHALLENGES
The Economic and Financial Crimes Commission (EFCC) and Nigeria’s National Defence College (NDC) are partnering to overhaul the College’s curriculum, aligning it with the country’s evolving security and governance landscape. EFCC Spokesperson Dele Oyewale disclosed this after the NDC Commandant, Rear Admiral Ahmed, and senior officers visited EFCC Chairman Ola Olukoyede in Abuja. Rear Admiral…
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FORMER ACTING ACCOUNTANT-GENERAL FACES TRIAL AS COURT REJECTS NO-CASE SUBMISSION IN N868M MONEY LAUNDERING CHARGE
The Federal High Court in Abuja on Thursday overruled the no-case submission made by former Acting Accountant-General of the Federation (AGoF), Chukwunyere Anamekwe Nwabuoku, in his ongoing money laundering trial involving N868 million. Justice James Omotosho ruled that the Economic and Financial Crimes Commission (EFCC) had presented a prima facie case that requires Nwabuoku to…
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EFCC INVESTIGATOR TESTIFIES THAT EMEFIELE’S NAIRA REDESIGN CAUSED HARDSHIP FOR NIGERIANS
During the ongoing trial of former Central Bank of Nigeria (CBN) Governor Godwin Emefiele, EFCC investigator Chinelo Eneanya testified that the bank’s naira notes redesign in 2022 led to significant economic hardship for Nigerians. She told Abuja high court that video evidence from the investigation showed widespread frustration and difficulty meeting daily needs due to…
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EFCC CHAIRMAN OLA OLUKOYEDE URGES CAR DEALERS TO AVOID MONEY LAUNDERING RITUALS
The Chairman of the Economic and Financial Crimes Commission (EFCC)(https://home.westafricaweekly.com/efcc-chairman-olukoyede-tasks-car-dealers-on-mandatory-scuml-registration-to-tackle-money-laundering/) Ola Olukoyede has issued a stern warning to car dealers nationwide: be cautious of those attempting to launder illicit funds through vehicle purchases and dealership transactions. At a recent capacity-building workshop organized for members of the Association of Motor Dealers of Nigeria (AMDON)(https://punchng.com/report-suspicious-transactions-to-efcc-adeleke-urges-car-dealers/) in Osun…
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EFCC ARRAIGNS MT Ostria VESSEL AND THREE MEN OVER ₦12 BILLION OIL THEFT IN LAGOS
The Economic and Financial Crimes Commission (EFCC) arraigned the vessel MT Ostria, along with three men Raymundo Panaligam, Roneno Villarin, and Vincent Wayas on Wednesday before the Ikeja Special Offences Court. They face a four-count charge relating to conspiracy and theft of over 13 million litres of Premium Motor Spirit (PMS) valued at ₦12 billion,…
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EFCC CHAIRMAN OLA OLUKOYEDE MARKS 2 YEARS WITH OVER ₦566 BILLION RECOVERED, 7,500+ CONVICTIONS
The Economic and Financial Crimes Commission (EFCC), under Chairman Ola Olukoyede, has made historic strides in tackling economic crimes, recovering over ₦566 billion alongside $411 million and 1,502 properties within just two years. Speaking at a press conference in Abuja, Olukoyede highlighted record-breaking investigations, court cases, and convictions, signaling the EFCC’s growing effectiveness and commitment…
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EFCC COMPLETES DEPORTATION OF 192 FOREIGN CYBERCRIME CONVICTS FROM NIGERIA
The Economic and Financial Crimes Commission (EFCC), teaming up with the Nigerian Immigration Service and Correctional Service, has successfully deported 192 foreign nationals convicted of cyber-terrorism, internet fraud, and related financial crimes in Lagos. The final batch of 51 convicts, including 50 Chinese and one Tunisian, were repatriated on October 16, marking the end of…
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EFCC WITNESS TESTIFIES ON $3 MILLION TRANSFER IN SUNTRUST BANK MONEY LAUNDERING TRIAL
A key EFCC witness revealed in Abuja court that he transferred $3 million into Mrs. Aisha Achimugu’s company account linked to the ongoing $12 million money laundering trial involving SunTrust Bank’s Managing Director Halima Buba and Executive Director Innocent Mbagwu. Trinity Usman, a Bureau De Change operator, admitted handling the cash transactions through his oil…
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FCC CALLS FOR STRONGER PARTNERSHIP WITH CSOs AND MEDIA TO FIGHT CYBER AND FINANCIAL CRIMES
The Economic and Financial Crimes Commission (EFCC) is urging civil society organizations and media to join forces in combating Nigeria’s rising cyber and financial crimes. Sa’ad Hanafi-Sa’ad, EFCC’s Kano Acting Zonal Director, emphasized their vital role as “critical drivers of change” in raising awareness and holding power accountable. At a workshop for CSOs and journalists,…
