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

April 13, 2017

The Late 5: These are the stories that drove conversations today

These are the top five stories that drove conversations today. EX-PDP CHAIR, ADAMU MUAZU REPORTEDLY OWNS HOUSE WHERE EFCC DISCOVERED OVER $50M 16 Osborne Towers, Ikoyi, Lagos, a residential apartment where operatives of the Economic Financial Crime and Commission (EFCC), recovered a humongous amount of money reportedly belongs to a former National Chairman of the... Read More

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#BBOG, $50m, Adamu Mu'azu, Chibok girls, EFCC, nnpc, The Late 5

April 13, 2017

I am not the owner of $50m discovered by EFCC – Senator Adeola

by Dolapo Adelana The senator representing Lagos West, Solomon Adeola, has denied ownership of the large sums of money: $38m, N23m and £27,000 discovered by the Economic and Financial Crimes (EFCC) on Wednesday from an apartment in Osborne Towers, Osborne Road, Ikoyi, Lagos State. In a statement signed by his media adviser, Chief Kayode Odunaro,... Read More

The News Blog

$50m, EFCC, Ikoyi apartment, owner, Senator Solomon Adeola

April 13, 2017

Just In: Court orders temporary forfeiture of $50m discovered by EFCC

by Azeez Adeniyi A Federal High Court sitting in Lagos has ordered the temporary for foreiture of $43,449,947, £27,800 and N23,218,000 recovered by the Economic and Financial Crimes Commission from an apartment in the Ikoyi area of Lagos Justice Muslim Hassan in his ruling ordered the temporary forfeiture of the funds to the Federal Government.... Read More

The News Blog

$50m, court, discovered, EFCC, Federal Government, forfeiture

April 13, 2017

I am not the owner of $50m discovered by EFCC – Ex-NNPC MD

by Azeez Adeniyi Former Managing Director, Operations at the Nigerian National Petroleum Corporation (NNPC), Esther Nnamdi-Ogbue has denied ownership of huge sum of money discovered by the Economic and Financial Crimes Commission (EFCC) at an Ikoyi apartment on Wednesday. There had been reports that the $38m, N23m, and £27,000 discovered by the agency belonged to... Read More

The News Blog

$50m, EFCC, Ikoyi apartment, MD, nnpc, owner