Tag Archives: EFCC

The Osun State High Court sitting in Ede has ordered that the immediate former Acting Vice Chancellor of the Obafemi Awolowo University (OAU), Ile-Ife, Professor Anthony Elujoba be further remanded in the custody of the Economic and Financial Crimes Commission (EFCC). The anti-graft agency had on Wednesday arrested Professor Elujoba alongside the school’s Bursar, Mrs Josephine Akeredolu on alleged financial corruption and …

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The Acting President, Prof. Yemi Osinbajo, says President Buhari has resolved to work with Ibrahim Magu as EFCC Chairman to stamp out endemic corruption in the country. Osinbajo, who spoke at the inauguration of the Kaduna office of the anti graft agency on Thursday, said that those who think that they were winning in fighting back against the government’s war …

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Residents of Shendam Close, off Anthony Anyaoku Street, a neighbourhood of Area 11, Abuja, were on Tuesday, treated to yet another macabre dance in discovery of huge cache of money in different parts of the country. A combined team of Economic and Financial Crimes Commission (EFCC) and the army raided three vehicles with several ‘Ghana must go’ bags containing huge …

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President Muhammadu Buhari has written to the Senate, asking the lawmakers to confirm the Acting Chairman of the Economic and Financial Crimes Commission, Mr. Ibrahim Magu. Buhari’s letter was in response to the communication from the Senate on the rejection of Magu as EFCC chairman based on damning security report by the Department of State Services on the nominee. Magu …

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In order to ensure an effective policing of the capital market, the Securities and Exchange Commission (SEC) and the Economic and Financial Crimes Commission (EFCC) have signed a Memorandum of Understanding. The signing ceremony took place Wednesday at the EFCC office in Abuja. The MoU serves to among others promote the efficient investigation and conclusion of all cases reported by …

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Nigeria’s House of Representatives yesterday, received a petition from the former First Lady, Mrs Patience Jonathan, against the Economic and Financial Crimes Commission (EFCC). According to the News Agency of Nigeria (NAN), the petition presented to the House by Rep. Lovette Idisi, (PDP-Delta), had the Mrs. Jonathan alleging that she was being “incessantly harassed” by the EFCC. In his comment, …

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Dayo Emmanuel The last may not have been heard about the corruption charges against former Governor of Oyo State, Senator Rasheed Adewolu Ladoja. The former Governor, who was first indicted and charged for money laundering eight years ago has now been dragged before a Federal High Court in Lagos as the war against corruption continues. Meanwhile, an earlier report published …

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Dayo Emmanuel A report has revealed that five former legislators have allegedly embezzled N8,350,000,000 since 1999. The amount equivalent of 12.46% of 2016 budget of Ekiti State of N67bn has allegedly ended in private pockets of certain legislators who have since been indicted without conviction. The report, a product of a research as published by Professor Bolaji Owasanoye in a …

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  Dayo Emmanuel   A report has revealed that a total of N1,354,132,400,000.00 was allegedly embezzled from the Nigerian coffers since the advent of democracy in 1999. The report, a product of in-depth research published in a document titled, “Justice or Impunity? High profile corruption cases crawling or gone to sleep,” by Professor Bolaji Owasanoye, gave the alarming figure allegedly …

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SEC exonerate NAHCO Former Chairman in Response to EFCC The Securities and Exchange Commission (SEC) has exonerated the immediate past chairman of Nigerian Aviation Handling Company Plc (NAHCO) Malam Yahaya Suleiman on allegations leveled against him. This was contained in a response to the Acting Chairman Economic and Financial Crimes Commission (EFCC) Ibrahim Magu on a petition addressed to the …

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