• Ikuforiji
    188
    0

    The Federal High Court on Thursday, ordered the forfeiture of all assets of the Process and Industrial Development (P&ID), an Irish Company in Nigeria. The EFCC charged Muhammad Kuchazi, Commercial Director of the P&ID incorporated in the British Virgin Islands and Adamu Usman, who was described as a director of the firm in Nigeria with ...
  • 270
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    Operatives of the Economic and Financial Crimes Commission (EFCC), Kaduna zone have arrested seven suspected internet fraudsters in a raid carried out in Nasarawa State. One of the suspects, who posed as an Engineer working with Exxon Mobil was apprehended with fake identities he used to defraud people within Nigeria and abroad. The Head Media ...
  • 153
    0

    The National Think Tank Committee (NTTC) and National Executive Committee (NEC) of the Action Alliance (AA) has called on the Economic and Financial Crimes Commission (EFCC) to investigate the party’s account from 2017 to date. Alhaji Mohammed Abubakar, the party’s Acting National Chairman made the disclosure while briefing newsmen on Monday in Abuja. He said ...
  • 165
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    The unavailability of documents from the Corporate Affairs Commission (CAC) has stalled the forgery trial of John Abebe, the younger brother of former first lady, late Mrs Stella Obasanjo on Friday in an Ikeja Special Offences Court. Abebe is alleged by the Economic and Financial Crimes Commission (EFCC) to have on June 22, 2010 knowingly ...
  • 168
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    A Federal High Court on Monday sentenced Calistus Obi, a former Acting Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), to seven years imprisonment for N136 million fraud. Justice Mojisola Olatoregun, who sits in Lagos, however, gave Obi an option of N42 million fine. The Economic and Financial Crimes Commission (EFCC) had arraigned ...
  • 209
    0

    Airtel will soon join MTN Nigeria at the Nigerian Stock Exchange if it gets approval from the Central Bank of Nigeria, CBN, Political Economist can authoritatively report. A top source at Airtel, gushing with excitement at the prospects of listing as a public limited company in Nigeria, said “we are almost there. We’ve written the ...
  • Yari on NFIU
    142
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    The Nigeria Governors’ Forum (NGF) has petitioned President Muhmmadu Buhari over the released guidelines by the Nigerian Financial Intelligence Unit (NFIU) on granting financial autonomy to Local Governments. The NGF in a letter signed by Chairman and Governor of Zamfara, Abdulaziz Yari, and made available to newsmen on Sunday in Abuja, expressed “dismay and angst” ...
  • 177
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    The Economic and Financial Crimes Commission (EFCC) Ilorin Zonal Office has arrested a 31-year-old herbalist, Jamiu Isiaka for allegedly impersonating the Group Managing Director of the Nigerian National Petroleum Corporation, (NNPC) Mr Maikanti Baru. He also impersonated the Special Adviser to the President on Media and Publicity, Mr Femi Adesina among other prominent citizens. EFCC ...
  • 187
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    The Progressive Students Movement (PSM), a pan-Africa socialist movement, has urged the Economic and Financial Crimes Commission (EFCC) to investigate alleged six years of unpaid Students Industrial Work Scheme (SIWES) stipends. The group said it suspects strongly that money meant for students has been embezzled by officials of Industrial Training Fund (ITF), the custodians of ...
  • 190
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    At last, the Nigeria Financial Intelligence Unit (NFIU) will from June 1, this year begin monitoring of local government accounts, a statement signed by Ahmed Dikko, Acting Chief Media Analyst of NFIU has said. According to the statement, all transactions in all local government accounts must conform with provisions of the constitution, adding that erring ...