EFCC Arraigns University Lecturer Over Alleged N19 Million Fraud

  Makurdi zonal office of the Economic and Financial Crimes Commission, EFCC, yesterday, arraigned one Moses Peter Adoga before Justice Simon O. Aboki of the Nasarawa State High Court sitting in Lafia, Nasarawa State, on a one-count charge for dishonestly converting the sum of N19,765,200 being a Tertiary Education Trust Fund (TETFUND) grant to study for a PhD, to other purposes. Trouble, started for Adoga, a lecturer with the Department of Microbiology, Faculty of Natural and Applied Science, Nasarawa State University Keffi, when a petitioner alleged that he obtained a TETFUND…

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EFCC Bust Nigerian Rapper, 10 Yahoo Boys In Lagos (PHOTO)

Operatives of the Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, have arrested a rapper, Damilola Samson aka Doraldo Slim and 10 other suspected internet fraudsters for offences bordering on conspiracy, possession of fraudulent documents and attempt to obtain money under false pretence. The other suspects were Ganiyu Sherif Abiodun, Akinyele Sherif, Oluseye Soremekun, Kolawole Rasheed, Kolawole Kazeem, Ibrahim Anjorin, Temitope Samson, Uduogwu Freeborn Eboagwu, Ojomu Gbenga and Okougbo Dervick. They were arrested in the Lekki County Homes and Igbo-Efon areas of Lagos State, following intelligence report received by…

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EFCC Raids Car Dealer Lot In Lekki Reportedly Owned By Suspected Yahoo Boys, Seize 29 Cars (Photos)

The Economic and Financial Crimes Commission, EFCC, Lagos office, today November 27th, seized a total of 29 exotic cars during a raid on the office of a Lagos-based car dealer, Astrax Auto Shop. According to a statement released by the agency, the raid followed intelligence report received by the Commission on the activities of the operators of the auto shop, who are said to be a syndicate of organized Internet fraudsters. Investigation revealed that the syndicate, which specializes in Business Emails Compromise, BEC, in the United States of America, USA,…

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Deputy Senate President Ekweremadu Falls SICK During EFCC Grilling (See How It Happened)

Deputy Senate President Ike Ekweremadu fell ill on Tuesday during interrogation by operatives of the Economic and Financial Crimes Commission (EFCC), it was learnt yesterday. He was being grilled over his numerous assets in Nigeria, United Kingdom, United States and United Arab Emirates (UAE). Specifically, Ekweremadu was asked to account for how he came about over 60 assets. When it appeared that he was getting weak, the Deputy Senate President was permitted by the EFCC to seek medical attention in the hospital. The resumption of the investigation on Ekweremadu’s assets…

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EFCC Declares Two Women Wanted For Forgery And Theft Of N27m

The Economic and financial crimes commission, EFCC, has declared two women for forgery and theft of 27 million naira. According to the commission, Ayanlola Temitayo and Omosalewa Ayinla are wanted in a case of conspiracy, forgery and obtaining money under false pretences to the tune of 27 million naira. Ayanlola allegedly forged a customer’s documents and fraudulently obtained a loan facility using the customers’s fixed deposit as collateral to secure the sum while Ayinla allegedly forged treasury bills certificates worth N27 million and handed them over to a customer in…

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EFCC Discovers Strange Payment Of N2.9b To 54 Senators

A N2, 922, 236.310 payment to 54 Senators during the tenure of Chief David Mark as Senate President has been discovered by the Economic and Financial Crimes Commission (EFCC).   Each Senator is said to have received N45, 509, 090.   This payment is one of the many issues Senator Mark is expected to explain during an ongoing interactive session with the agency. According to The Nation, 54 Senators that got paid from the N2.9billion, are current members of the Green chambers of the National Assembly. One of them is…

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EFCC Declares Woman For Embezzling N1bn Meant For Contract (Photo)

Read the Press statement from EFCC below:- Ittu Affong Theresa Tommy is a principal suspect in two cases of fraud, contractual malpractices and obtaining goods under false pretense to the tune of N1billion and $1.4million respectively. Ittu allegedly received about N1billion from a government agency as payment for contracts which she failed to properly execute. Furthermore, the suspect is alleged to have fraudulently collected aircraft parts worth $1,416,000 from a Russian company and evaded payment. The suspect has failed to honor the Commission’s invitation and is currently at large. 48-year-old…

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EFCC Reveals How To Make Money Through Whistle Blowing (Details)

The Economic and Financial Crimes Commission, EFCC, has urged Nigerians to engage in whistle blowing.The commission made the appeal in a series of tweets on its Twitter account, @officialEFCC.It said aside being a patriotic duty, Nigerians can also make good money when they report corruption and stealing.EFCC also replied some enquires on the whistle blowing policy.The questions were: how much has been paid so far to Whistleblowers? How much do I get for blowing that whistle? Is there any protection for the Whistleblower? Where and how do I file a…

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Senate begins move to separate NFIU from EFCC

Senators yesterday began moves to make the Nigerian Financial Intelligence Unit (NFIU) independent of the Economic and Financial Crimes Comission (EFCC). The Senate Committee on EFCC is to articulate a bill within four weeks for the immediate autonomy of NFIU, which is domiciled in the EFCC. The decision was taken after a debate on Nigeria’s suspension from the Egmont Group of Financial Intelligence Units. The Senate blamed Attorney General and Minister of Justice Abubakar Malami, Interior Minister Abdulrahman Danbazzau and EFCC Acting Chair Ibrahim Magu for Nigeria’s suspension. The Egmont…

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