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Qatar loads first LNG cargo after force majeure

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Tag: EFCC

Ex-finance minister Agunloye freed from prison
News

EFCC re-arraigns ex-minister Agunloye over $6bn Mambilla power contract

The Economic and Financial Crimes Commission has re-arraigned former Minister of Power and Steel, Olu Agunloye, before a Federal High Court in Abuja on fresh charges bordering on alleged fraud in the Mambilla Hydroelectric Power Project. Agunloye, who served as minister during the administration of former President Olusegun Obasanjo, is facing an amended seven-count charge […]

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‘Yahoo boys’ worsening visa restrictions for Nigerians — EFCC

The Economic and Financial Crimes Commission has raised alarm that the growing menace of internet fraud is worsening visa restrictions for law-abiding Nigerians seeking to travel abroad. EFCC Chairman, Ola Olukoyede, warned that cybercrime not only jeopardizes the future of those directly involved but also tarnishes Nigeria’s reputation on the global stage, leading to stricter […]

News

EFCC detains Sujimoto CEO over N5.7bn Enugu school projects

The Economic and Financial Crimes Commission has secured a court order to detain the Chief Executive Officer of Sujimoto Luxury Construction Limited, Sijibomi Ogundele, over an alleged N5.7 billion unexecuted contract. Ogundele is facing investigation following his alleged failure to deliver 22 Smart Green School projects in Enugu State after his company was reportedly paid […]

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JUST IN: EFCC grants ex-NNPCL boss Kyari bail

The Economic and Financial Crimes Commission has granted administrative bail to the former group chief executive officer of the Nigerian National Petroleum Company limited, Mele Kyari. Mele Kyari on wednesday honoured an invitation by EFCC over an alleged $7.2 billion dollar fraud during his tenure as the boss of the nation’s oil company. Kyari was […]

Tinubu considering ‘temporary subsidy’ on petrol - Reports
Opinion

Don’t relent in your fight against corruption, group urges Tinubu, EFCC

The National Interest Coalition has urged President Bola Ahmed Tinubu and the Economic and Financial Crimes Commission not to be deterred in their anti-corruption campaign, despite what it described as a grand conspiracy by some embattled Nigerians facing corruption trials. Speaking during a solidarity march and press conference in Abuja on Monday, NICO leader, Comrade […]

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‘I’m no thief’, Sujimoto boss cries out over EFCC wanted notice

The Chief Executive Officer of Sujimoto Luxury Construction Limited, Olasijibomi Ogundele, has reacted to the notice by the Economic and Financial Crimes Commission declaring him wanted over alleged money laundering and diversion of funds. In a video shared online, Ogundele denied stealing government money, insisting he was a victim of failed agreements and rising costs […]

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EFCC declares Sujimoto CEO wanted for alleged money laundering

The Economic and Financial Crimes Commission has declared Olasijibomi Ogundele, Chief Executive Officer of Sujimoto Luxury Construction Limited, wanted over alleged money laundering and diversion of funds. The anti-graft agency announced the development in a notice signed by its spokesperson, Dele Oyewale, on Friday. According to the EFCC, Ogundele, 44, is an indigene of Ori-Ade […]

News

Nigeria to deport foreign cybercriminals after jail term – EFCC boss

The Executive Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has stated that foreign cybercriminals convicted in Nigeria will be deported after serving their prison terms. Speaking at the opening of a two-day National Cybersecurity Conference in Abuja on Wednesday, Olukoyede warned of the rising threat cybercrime poses to Nigeria’s digital economy. He […]

The Economic and Financial Crimes Commission has removed Elie Bitar, a foreign national, from its wanted list following new developments in the ongoing investigation into the Crypto Bridge Exchange fraud case.
News

CBEX: EFCC removes foreign national Elie Bitar from wanted list

The Economic and Financial Crimes Commission has removed Elie Bitar, a foreign national, from its wanted list following new developments in the ongoing investigation into the Crypto Bridge Exchange fraud case. The Commission made this known in a statement released on Wednesday, noting that Bitar, linked to CBEX Solutions Ltd., was no longer considered a […]

EFCC to grill Tompolo over naira abuse at birthday party
News

EFCC to grill Tompolo over naira abuse at birthday party

The Economic and Financial Crimes Commission has announced it will question former Niger Delta militant leader, Chief Government Ekpemupolo—popularly known as Tompolo—over alleged abuse of the naira during his recent 54th birthday celebration. The agency made the disclosure on Monday via its official X (formerly Twitter) handle, posting a message that read, “Nobody is above […]

EFCC arrests 792 in major fraud bust
News

EFCC arrests 792 in major fraud bust

Nigeria’s Economic and Financial Crimes Commission has arrested 792 suspects during a raid on a building believed to be a hub for international fraud operations. The suspects, including 148 Chinese and 40 Filipino nationals, were detained on December 10 at the seven-story Big Leaf Building in Lagos, the country’s commercial capital, EFCC spokesperson Wilson Uwujaren […]

EFCC faults fintech over fraud among unbanked and middle class
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EFCC faults fintech over fraud among unbanked and middle class

The Economic and Financial Crimes Commission has expressed growing concern about the surge in fraudulent activities within Nigeria’s financial sector, particularly targeting the unbanked, under-served, and middle-class populations. EFCC Chairman, Ola Olukoyede, made these remarks during a recent stakeholder engagement in Abuja. He pointed to a troubling trend of negligence by some fintech companies in […]

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