Category Archives: EFCC

Breaking: EFCC recovers N409b, $69m Jan-Aug

The Economic and Financial Crimes Commission (EFFC) recovered N409.270 billion between January and August. The Chairman of the anti-graft agency, Mr. Ibrahim Magu disclosed this at the 20th Anniversary of the Fiance Correspondent Association of Nigeria (FICAN), in Abuja, yesterday. He added that $ 69 .501 million, €610, 816, £ 231, 118, AED 443, 400 […]

EFCC arrests Gombe SEMA Secretary, others over alleged IDP materials diversion

The Economic and Financial Crimes Commission (EFCC) has arrested the Gombe State Emergency Management Agency (SEMA) Secretary, Dr Danlami Rukuje, over alleged diversion of materials meant for the Internally Displaced Persons (IDPs). The arrest was disclosed on the commission’s website monitored on Saturday in Lagos. Rukuje was arrested following a tip-off received by the Intelligence […]

EFCC arrests 7 MAPOLY students for cyber fraud

The Economic and Financial Crimes Commission, EFCC, Lagos zonal office, has arrested seven National Diploma (ND) students of the Moshood Abiola Polytechnic (MAPOLY), Abeokuta, Ogun State for alleged offences bordering on conspiracy, obtaining money under false pretences and possession of forged documents. The suspects- Adesina Olalekan, Makinde Noheem, Toheeb Ogunowo, Somotun Olusola, Somotun Sodiq, Tajudeen […]

EFCC recovers N409bn, $69.5m in 8months – Magu

The Economic and Financial Crimes Commission, EFCC, has said that it has recovered over four hundred and nine billion Naira (N409) and another sum of sixty nine million, five hundred thousand U.S dollars ($69.5m) from looters nationwide between January and August 2017. The commission also said that it has secured a total of 137 convictions […]

Heritage bank MD, others deny involvement in N13bn fraud

The Management, Managing Director of Heritage Bank Plc, Ifie Sekibo, have denied involvement in the alleged diversion of N13 billion belonging to the Oyo State Government. Reports have it that Economic and Financial Crimes Commission, EFCC, was after the bank’s MD Ifie Sekibo, for ignoring invitations by the commission. N13bn belonging to the Oyo State […]

Needless rift between AGF, EFCC boss

The seeming muscle-flexing between Attorney General of the Federation and Minister of Justice,AGF, Abubakar Malami SAN, and Acting Chairman of Economic and Financial Crimes Commission,EFCC, Ibrahim Magu, reflects an absence of coordination in the Federal Government’s prosecution agencies. Malami alleged breach of rules in the  prosecutions of high profile cases by the EFCC. A letter […]