• EFCC probes Army General over multi-billion Naira fraud allegations

    EFCC probes Army General over multi-billion Naira fraud allegations

    According to reports, the Nigerian Army and the Economic and Financial Crimes Commission (EFCC) are investigating a serving senior officer and Managing Director of Nigerian Army Properties Limited (NAPL), Brig-Gen. Umar Mohammed, over fraud allegations running into billions of naira.

    Mohammed, who was the Chairman of the defunct Presidential Committee on the lease of Federal Government properties, is also being accused of laundering several billions of naira on the Nigerian Stock Exchange (NSE).

    According to sources, trouble started for the senior officer […]

  • EFCC uncovers multi-billion Naira fraud involving Diezani, ex-military administrator

    EFCC uncovers multi-billion Naira fraud involving Diezani, ex-military administrator

    Detectives have uncovered another multi-billion naira transaction believed to have been carried out by former Petroleum Resources Minister Diezani Alison-Madueke.

    The Economic and Financial Crimes Commission (EFCC) is probing a N4billion hotel deal between Mrs. Alison-Madueke and a former military administrator, whose identity is yet to be released “so as to protect the investigation”.

    It was learnt the hotel may be placed under Interim Forfeiture as soon as the preliminary investigation is concluded.

    But detectives of the anti-graft agency have secured the relevant […]