According to reports, the Economic and Financial Crimes Commission on Thursday abstained from a Federal High Court in Abuja where it was expected to show up to respond to an application by Ekiti State Governor, Ayo Fayose, who is challenging the seizure of his landed assets by the commission.
Justice Nnamdi Dimgba expressed reservation over the absence of any lawyer representing the anti-graft agency and the failure of the commission to file any response to Fayose’s application despite being aware that […]
It was gathered that the Economic and Financial Crimes Commission (EFCC) has commenced investigation into the shady acquisition of shares of quoted Nigerian companies and properties running into billions of naira by a serving senior military officer, Major General Umaru Mohammed.
Mohammed, who is currently the Managing Director of the Nigerian Army Properties Limited, had also served as the Chairman of the defunct Presidential Committee on the Sale of Federal Government properties for 15 years.
Sources in the EFCC confirmed on Thursday […]
According to reports, the Economic and Financial Crimes Commission (EFCC), yesterday, sealed off properties belonging to Ebonyi State Governor, David Umahi in Abakaliki and other parts of the state.
It was gathered that EFCC’s action might be connected to an alleged diversion of N400 million arms deal into private pockets during the 2015 presidential election.
Governor Umahi’s property sealed by the anti-graft agency were a five-star hotel, Orsbon La Palm Hotel located at Mile 50, Abakaliki and petrol stations, Brass Filling stations […]
The trial of Senate President Bukola Saraki on false assets declaration resumed, yesterday, with revelation that the properties in dispute (Plot 17A, and 17B or 17 and 17A, Mac Donald Street, Ikoyi) were purchased with loan and acknowledged as such in his Assets Declaration Form.
The prosecution witness, Michael Wetkas, under cross examination by the defense counsel, Paul Usoro, admitted that in 2007, the Senate President actually noted in his form that he acquired the properties with loan obtained from a […]
A former Special Adviser to ex-President Goodluck Jonathan on Domestic Affairs, Waripamowei Dudafa has been linked with some properties worth N1.5bn, which he reportedly had not been able to explain where he got the money to procure them.
As part of investigations into an alleged case of money laundering, the Economic and Financial Crimes Commission, EFCC, discovered some properties, among which is a mansion in the Agungi area of the Lekki-Epe Expressway, allegedly belonging to Dudafa, said to be worth over […]
The Economic and Financial Crimes Commission, EFCC, yesterday disclosed that over N2bn and 33 choice properties have been recovered from three Air Force officers involved in the $2.1bn arms procurement scam.
The commission also revealed that only one of the properties is valued at over N1.8bn.
EFCC’s Deputy Director, Operation, Iliyasu Kwarbai, disclosed this while taking journalists on an inspection tour of the commission’s detention facilities in Lagos.
The tour was organised by EFCC to debunk reports in a section of the media […]
The Federal High Court, Abuja, has admitted Gbenga Obadina, the Managing Director of Almond Properties Ltd., to bail in the sum of N500 million.
Justice Nnamdi Dimgba said that he should produce two sureties in the sum of N250 million each.
The EFCC arraigned Obadina on Friday for receiving over N2.4 billion from former National Security Adviser, retired Col. Sambo Dasuki, for electricity contracts that were never executed.
Dimgba said that the defendant shall forfeit the N500 million to Federal Government if he […]
According to reports reaching ADELOVE, the Economic and Financial Crimes Commission (EFCC) has seized six choice properties allegedly acquired by Governor Ayodele Fayose of Ekiti State with stolen public funds.
The duplexes, estimated at N1.350billion include four in Lagos and two in Abuja.
They were allegedly acquired for him by his associate, Abiodun Agbele and sister. Mrs. Moji Ladeji.
A furious Mrs. Ladeji has approached the Federal High Court, Ado-Ekiti laying claim to one of the Abuja duplexes.
EFCC, according to impeccable sources, believe […]
The Centre for Social Justice, Equity and Transparency (CESJET) has hailed human rights lawyer, Mr. Femi Falana (SAN), for having the decency to acknowledge the Chief of Army Staff (COAS), Lieutenant General Tukur Buratai’s “commendable feat of leading the Nigerian Army to defeat Boko Haram in the North East” saying such recognition coming from the lawyer even as he attacked the COAS demonstrated the dilemma of those that have openly declared their hatred for the nation.
It said those behind the […]
The Economic and Financial Crimes Commission (EFCC) yesterday intensified investigation into the N1.35billion property scandal against Governor Ayodele Fayose by grilling his associate, Abiodun Agbele, and three more people connected with the deal.
The quizzing of the affected professionals, including a businesswoman, an accountant and an estate consultant, lasted more than eight hours.
But some emissaries from the embattled governor have pleaded with the companies involved in the purchase of four duplexes in Lagos to tell the EFCC that the money wired […]