FG to arraign Justice Ngwuta on Nov. 21 over money laundering

Continued detention stalls Fani-Kayode’s trial

The trial of a former Minister of Aviation, Chief Femi Fani-Kayode for money laundering before a Federal High Court sitting in Lagos was stalled on Monday following his continued Defence in June prison. Fani-Kayode, who was the former director of media and publicity of the campaign committee of ex-President Goodluck Jonathan, is charged alongside a... Read More

detention, EFCC, Femi Fani-Kayode, money laundering, trial

November 10, 2016

Just In: Fani-Kayode granted N50m bail

A Federal High Court sitting in Abuja has granted spokesperson for the Goodluck Jonathan campaign organisation, Chief Femi Fani-Kayode bail in the sum of N50m, The Cable reports. Fani-Kayode was arraigned before Justice James Tsoho on Thursday by the Economic and Financial Crimes Commission (EFCC) on a five-count charge of money laundering to the tune of... Read More

Cover Stories, The News Blog

EFCC, Femi Fani-Kayode, Justice James Tsoho, money laundering, N50m bail

November 2, 2016

$15.5m: Court convicts four companies linked to Patience Jonathan

Four companies on Thursday were convicted by a Federal High Court in Lagos for laundering $15.5m kept in their accounts. The companies’ accounts were frozen by the Economic and Financial Crimes Commission, including $15.5m siezed during the probe of Waripomowei Dudafa, a former special assistant on domestic matters to ex-President Good luck Jonathan. However, former... Read More

$15.5m, EFCC, Justice Babs Kuewumi, money laundering, Patience Jonathan, Rotimi Oyedepo

October 19, 2016

Alleged money laundering: Senate seeks service of foreign experts to probe MTN

The Senate has hired international forensic lawyers, accountants and other experts to investigate the alleged repatriation of $13.9 billion by Telecoms company, MTN. This was revealed by the chairman of the Senate Committee on Banking, Insurance and other Financial Institutions, Rufai Ibrahim while speaking to journalists in Abuja. “The Senate sees this as very important, it is... Read More

foreign experts, money laundering, MTN, Repatriation, senate

October 17, 2016

EFCC re-arraigns Nyako, son over alleged money laundering

The Economic and Financial Crimes Commission (EFCC) on Monday re-arraigned former governor of Adamawa State, Murtala Nyako, and his son for money laundering. Nyako and his son were arraigned before Justice Okon Abang of the Federal High Court, Abuja. The EFCC had arraigned Nyako and his son before the late Justice Evoh Chukwu, who granted them bail in the... Read More

Economic and Financial Crimes Commission, EFCC, money laundering, Murtala Nyako

October 14, 2016

EFCC files fresh money laundering charges against Fani-Kayode

The Economic and Financial Crimes Commission (EFCC) has filed a fresh charges of money laundering against former aviation minister, Femi Fani-Kayode before the Federal High Court Abuja. Fani-Kayode is facing 17 counts of money laundering before the Federal High court for alleged unlawful use of N4.9bn, along with a former Finance Minister, Nenadi Usman; Danjuma Yusuf... Read More

Economic and Financial Crimes Commission, EFCC, Femi Fani-Kayode, money laundering

September 28, 2016

Why Army dismissed 38 senior officers

The real reasons why the Nigerian Army dismissed 38 senior officers in June this year have emerged, Premium Times reports. According to documents filed by the Army in court, at least 22 of the officers were dismissed for allegations ranging from illegal sale of military vehicles, money laundering, corruption, arms procurement and on disciplinary grounds. Major General,... Read More

arms procurement, compulsory retirement, corruption, disciplinary grounds., illegal sale of military vehicles, money laundering, Nigerian Army, officers

September 22, 2016

Militant group threatens to bomb NNPC if Patience Jonathan is arrested

The Niger Delta Peoples Professional Volunteer Force (NDPPVF) has said it would bomb the the headquarters of the Nigerian National Petroleum Corporation (NNPC) if the Economic and Financial Crimes Commission (EFCC) arrests former First Lady, Patience Jonathan. In a statement by its spokesperson, Parkinson George-Amabo, the group said the way EFCC is investigating Mrs. Jonathan is not acceptable. “As... Read More

$15m, EFCC, money laundering, NDPPVF\, Niger Delta Peoples Professional Volunteer Force, nnpc, Patience Jonathan

September 20, 2016

Magu confirms EFCC is investigating Patience Jonathan

The Chairman of the Economics and Financial Crimes Commission (EFCC) has confirmed that the anti-graft agency is investigating former first lady, Patience Jonathan, The Punch reports. Magu made the assertion in Lagos on Tuesday while responding to questions from journalists after an interactive session with the commission’s external lawyers and civil society organisations. He said, “We are on it... Read More

$15m, banks, corruption, EFCC, ibrahim magu, investigation, money laundering, Patience Jonathan

September 16, 2016

Admiring Patience Jonathan as she fights for her hard earned money

In May 2010, Nigerians got a new First Lady. New in every sense of the word. Dame Patience Jonathan, wife of former President Goodluck Jonathan. She made no airs about being meek, limiting herself to ‘fighting for women’s rights and stopping trafficking’. Patience Jonathan began her career as a First Lady by attempting to wrestle a piece... Read More

anti-corruption, EFCC, mama peace, money laundering, Patience Jonathan

September 15, 2016

$15m: EFCC stage-managed witnesses to lie against me – Patience Jonathan

Former first lady, Patience Jonathan on Thursday denied ownership of four accounts credited to her by the Economic and Financial Crimes Commission (EFCC). In a statement by her media aide, Yemi Akinbode, Mrs Jonathan said she the accusations against her were “fallacious”. The statement said, “That Mrs. Patience Ibifaka Jonathan is laying claim to ownership of... Read More

$15m, $31.3M, £20m, EFCC, money laundering, Patience Jonathan, Yemi Akinbode

September 15, 2016

Ibori to remain convicted despite bribe evidence

Former Delta State Governor, James Ibori still remains convicted of money laundering even as it has been established that a British police officer took bribes during the investigation of his case, Reuters reports on Thursday. One of Ibori’s associates, Bhadresh Gohil had alleged that prosecutors had covered up evidence after taking bribe. In May, the Crown Prosecution... Read More

corruption, court, James Ibori, money laundering, sentence, uk

September 15, 2016

Just In: Companies linked to Patience Jonathan’s $15m plead guilty

The four companies linked to former First Lady, Patience Jonathan’s $15m on Thursday pleaded guilty to money laundering before a Federal High Court in Lagos. Pluto Property and Investment Company Limited; Seagate Property Development & Investment Co. Limited; Trans Ocean Property and Investment Company Limited and Development Company Limited and Avalon Global Property Development Company... Read More

$15m, guilty, money laundering, Patience Jonathan, Skye Bank, Waripamo Dudafa

September 11, 2016

Patience Jonathan ‘must explain how she earned $5m’ – Prof Sagay

Chairman, Presidential Advisory Committee Against Corruption, Professor Itse Sagay (SAN), is curious as to how former first lady Patience Jonathan acquired monies running into billions of Naira, according to The Punch. Jonathan recently admitted that she owns the $5m traced to her accounts by the Economic and Financial Crimes Commission. According to him, if the former first... Read More

billions of Naira, EFCC, icpc, money laundering, Patience Jonathan, Professor Itse Sagay, Waripamowei Dudafa

August 24, 2016

Economic and Financial Crimes Commission, EFCC, Jonathan campaign fund, money laundering, N100m campaign fund, office of the National Security Adviser, Olu Falae, Tony Anenih

‘Falae got N100m GEJ campaign funds and kept N40m for himself’

A former Secretary to the Government of the Federation, Chief Olu Falae, may soon be charged for money laundering by the EFCC for allegedly receiving N100m from the Goodluck Jonathan Campaign Organisation during the build-up to the 2015 general elections. According to reports, the N100 million was withdrawn from the account of the Office of the... Read More

July 29, 2016

I rejected ex-governor’s offer to launder N405 million – Falana

A Senior Advocate of Nigeria, and civil rights activist Femi Falana, has revealed that he rejected a N405 million brief from a former governor to help him launder funds abroad. He urged lawyers not to stoop so low as to be willing to aid fraudulent politicians because of what he termed filthy lucre. Falana’s revelation... Read More

anti-corruption, Ex-Governor, femi falana, Fraud, lawyers, money laundering

July 24, 2016

Court awards £20,000 compensation to Ibori’s lawyer

A British court has ordered that Bhadresh Gohil, lawyer to convicted former governor of Delta state, James Ibori, be paid £20,000 by the Crown Prosecution Service for unlawfully detaining Gohil and depriving him of his rights. According to the BBC, the prosecution agreed to pay the compensation for detaining Gohil for 33 days between November 20 and December 22,... Read More

british, Gohil, Ibori, money laundering, Prison, prosecution, uk

July 23, 2016

N1.3bn fraud: Omisore released, makes deal with EFCC

The Economic and Financial Crimes Commission (EFCC) on Friday released a former Deputy Governor of Osun State, Senator Iyiola Omisore. Omisore was released 19 days after his arrest having met bail conditions. The former deputy governor was arrested on July 3, 2016 after N1.310bn was traced to the accounts of five companies allegedly belonging to him. The money... Read More

Ayodele Fayose, corruption, Iyiola Omisore, money laundering, musiliu obanikoro

July 18, 2016

Court grants Ohakim 2 weeks medical check-up abroad

The Federal High Court, Abuja, on Monday granted the former Governor of Imo, Ikedi Ohakim permission to travel abroad for medical treatment. Ohakim is being tried on a three-count charge for money laundering and corruption which was filed against him by the Economic and Financial Crimes Commission on July 8, 2015. Vacation Judge, Justice Nnamdi... Read More

corruption, EFCC, Ikedi Ohakim, Justice Nnamdi Dimgba, money laundering, permission to travel

July 15, 2016

EFCC arraigns man who ‘received N2.4 billion’ from Dasuki

The Economic and Financial Crimes Commission (EFCC), on Friday, July 15 charged the Managing Director, Almond Properties Ltd., Olugbenga Obadina for money laundering. Obadina was arraigned at the Federal High Court, Abuja on an eight-count charge. According to the EFCC, Obadina received N2.4 billion from the former National Adviser, retired Col. Sambo Dasuki for electricity... Read More

contract scam, DasukiGate, EFCC, money laundering, Obadina, Sambo Dasuki

July 12, 2016

EFCC Chairman has a message for money launderers

The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu has reiterated that there is no hiding place for money launders as he promised that the law will surely catch up with them. He made this position known on Tuesday at a one-day workshop organized by the Nigeria Bar Association in collaboration... Read More

corruption, EFCC, ibrahim magu, lawyers, money laundering, NBA, PACAC

June 8, 2016

FG wants secret trial of Dasuki because he’s ‘a crown Prince of Sokoto Caliphate’

Despite the February 2015 ruling of the Federal High Court against the protection (masking) of witnesses in the trial of former National Security Adviser, Sambo Dasuki, the Federal Government has again applied for the protection of witnesses scheduled to testify against the defendant. Dasuki is facing criminal charges of unlawful possession of firearm, arms and money... Read More

Buhari, dasuki, government, Justice, money laundering, security, silent, trial, witnesses

Court ‘reserves judgement’ on ex-NIMASA boss

The trial of a former Director-General of the Nigerian Maritime Administration and Safety Agency, Raymond Omatseye at the Federal High Court in Lagos has been adjourned to May 20. Omatseye was charged to court by the Economic and Financial Crimes Commission (EFCC) for allegedly engaging in contract splitting and bid rigging estimated at over N1.5bn... Read More

corruption, EFCC, money laundering, NIMASA, PROBE

The EFCC has released Fani-Kayode

Femi Fani-Kayode, a former minister of Aviation and publicity secretary for the campaign of former president, Goodluck Jonathan has been granted administrative bail by the Economic and Financial Crimes Commission (EFCC). Fani-Kayode made himself available for the anti-graft agency on Monday, May 9 following an invitation which was extended to him on Friday, May 6.... Read More

administrative, corruption, EFCC, fani-kayode, money laundering

Why Femi Fani-Kayode was invited by the EFCC

Since Muhammad Buhari became president and Ibrahim Magu became acting chairman of the Economic and Financial Crimes Commission, the EFCC is BACK! Invitations have been extended to several high profile politicians, former public officers and anyone suspected to be involved in nefarious financial deals. Now added to the growing list of people invited by the... Read More

corruption, EFCC, fani-kayode, Fraud, money laundering

3 times Fani-Kayode called on God before visiting the EFCC today

It certainly looks true, when people are faced with adversity and trials (most especially court trials) they remember their God. From perusing the Facebook page of former Minister of Aviation, Femi Fani-Kayode since Friday, May 6, it is easy to discern that he is going through some hard times. He has called on God to... Read More

corruption, EFCC, Femi Fani-Kayode, money laundering, timeline

April 4, 2016

#PanamaPapers: James Ibori named in massive tax evasion, corruption scandal

Former Delta state governor, James Ibori, has been implicated in a massive leak of documents that has so far exposed the corrupt dealings of 12 current and former world leaders, politicians and celebrities. Ibori, who is currently serving a 12 year sentence in the United Kingdom for international money laundering, is said to have bought... Read More

corruption, Ibori, money laundering, Mossack Fonseca

February 18, 2016

Olugbo of Ugboland ‘questioned by EFCC’ for money laundering

A monarch in Ondo state has been reportedly questioned by the Economic and Financial Crimes Commission for his alleged involvement in financial crimes. The Olugbo of Ugboland, Fredrick Obateru Akinruntan, also known as Obat is the chairman of Obat Oil Limited and an alleged benefactor of the fuel subsidy scam. According to Sahara Reporters, an EFCC source... Read More

corruption, EFCC, money laundering

February 8, 2016

Judge rules that Dasuki’s trial must continue

A High Court of the Federal capital territory (FCT), Abuja, has discarded the application of former National Security Adviser (NSA), Sambo Dasuki, to stop his trial over allegations of diversion of arms procurement funds. Justice Hussein Baba-Yusuf on Monday, held that the central issue to be considered was whether or not the federal government was... Read More