Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu on Wednesday said the agency has recovered $2.9 billion between May 2015 and October 2017. While speaking at the ongoing 7th session of the Conference of the States Parties to the United Nations Convention Against Corruption holding in Vienna, Austria, Magu said the commission had recovered... Read More

$43m, Diezani Alison Madueke, EFCC, ibrahim magu, loots, recovered

July 24, 2017

0 Comment

$43m Ikoyi fund: We are under pressure to manipulate investigations – Reps

Chairman, House of Representatives Committee on National Security and Intelligence, Sani Jaji, has claimed that some forces were attempting to manipulate the outcome of investigation into the $43million loot discovered in a flat in Osborne Towers, Ikoyi, Lagos. In a statement on Sunday, Jaji said pressure was coming from different quarters to influence the committee’s... Read More

The News Blog

$43m, EFCC, Ikoyi fund, investigations, manipulate, Osborne tower, Reps, Sani Jaji

June 6, 2017

0 Comment

BREAKING: Court grants permanent forfeiture order on $43m found in Ikoyi

The Federal High Court sitting in Lagos has granted the final forfeiture of $43m discovered by the Economic and Financial Crimes Commission (EFCC) from an apartment in Ikoyi apartment, to the Federal Government. Details later…

The News Blog

$43m, court, EFCC, forfeiture, Ikoyi flat, order

April 19, 2017

0 Comment

Peregrino Brimah: Updates- 20 things to know about the recovered $43M Ikoyi stash

by Peregrino Brimah 1. A Nigerian actually stashed $43.4m in mint-sealed $100,000 bundles, £27,000 and N23m cash in an apartment. 2. Nigeria’s cabal live together in $1 million a piece, most luxurious apartments in Nigeria. 3. The NIA staked claim to the stashed mint notes ‘loot’ found in a private Ikoyi apartment. 4. The whistleblowers... Read More

Opinion

$43m, Buhari, EFCC, Godwin Emefiele, Ikoyi stash, NIA, Peregrino Brimah, Whistle blowers

April 15, 2017

0 Comment

$43m: Childish Wike is confused – Amaechi

by Dolapo Adelana The Minister of Transport Rotimi Amaechi has described the Governor of Rivers, Nyesom Wike as a confused child. Amaechi stated this while reacting to the governor’s claim that the money discovered by the EFCC in an apartment in Lagos belonged to the state. But in a statement released by his media office... Read More

The News Blog

$43m, Federal Government, Nyesom Wike, Rotimi Amaechi

April 15, 2017

0 Comment

Opinion: Ikoyi $43m | Amaechi, the Judas of Ubima, needs urgent cure

by Jude Ndukwe The desperation with which the redundant Minister of Transportation, Rotimi Amaechi, is seeking cheap attention through one of his diarrheic aides of inconsequential stature, is quite troubling to lovers of humanity. It is obviously a sign of desperate need of spiritual help meant to make him function well and help him... Read More

Opinion

$43m, Amaechi, Buhari, EFCC, Jude Ndukwe, opinion, Rivers State, Ubima, wike

April 15, 2017

0 Comment

Discovered $43m: Wike’s sanity needs to be examined – Peterside

by Dolapo Adelana The All Progressives Congress (APC) governorship candidate for Rivers State in the 2015 election, Dr Dakuku Peterside has questioned the sanity of Governor Nyesom Wike. Peterside, who spoke with newsmen at the Port Harcourt International Airport, rubbished the governor’s claim that the $43m found at a residence in Ikoyi, Lagos State belonged... Read More

The News Blog

$43m, Dakuku Peterside, EFCC, Mental status, Nyesom Wike, Rotimi Amaechi, sanity

April 14, 2017

0 Comment

Money discovered by EFCC in Lagos apartment belongs to Rotimi Amaechi – Fani-Kayode

by Dolapo Adelana A former Minister of Aviation, Chief Femi Fani-Kayode says the money discovered in a Lagos apartment by operatives of the Economic and Financial Crimes Commission (EFCC) belongs to Rotimi Amaechi, Minister of Transport. Fani-Kayode, who also dismissed a report that the money belonged to the National Intelligence Agency (NIA) said Amaechi owned the flat... Read More

The News Blog

$43m, $50m, EFCC, Femi Fani-Kayode, NIA, Rotimi Amaechi