Financial Crimes

No going back, EFCC must arrest Ekpeyong, Oke – Magu

The Economic and Financial Crimes Commission (EFCC) Chairman Ibrahim Magu on Wednesday said he was not discouraged about Tuesday’s failed attempt to arrest former Director-General of the Department of State Security ...

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BVN: Nigerian banks working against anti-corruption war – FG, AGF tell court

The Federal Government and the Attorney General of the Federation, Mr. Abubakar Malami (SAN), have alleged that the opposition of the 19 commercial banks to an order of the Federal High Court in Abuja on the Bank Verification ...

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EFCC: Unfreeze my $5.8m, N3.35bn – Patience Jonathan prays court

Wife of former President Goodluck Jonathan, Mrs. Patience Jonathan, on Thursday asked the Federal High Court in Abuja to set aside the order made on ...

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U.S claims $300m Abacha loot

The United States (US) Government has laid claim to $300 million stashed abroad by the government of the late military ruler, Sani Abacha ...

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9 whistle-blowers fight over N850m Ikoyi cash reward

Claims for the estimated N850 million reward for the discovery of the Nigeria Intelligence Agency, NIA, cash haul deepened yesterday after the whistle-blower who unearthed the cash alleged a plot to dilute the money he was entitled ...

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High Court freezes N350m with links to Patience Jonathan

The Federal High Court in Lagos on Tuesday froze the sum of N350m found in the Stanbic IBTC Bank account of a company, AM-PM Global ...

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Reps direct EFCC to arrest, prosecute Maina

The House of Representatives has written the Acting Chairman of the Economic and Financial Crimes Commission (EFCC) Mr. Ibrahim Magu to arrest and prosecute the former Chairman of the Pension Reform Task Team, Mr. Abdulrasheed Maina ...

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We’ll pay Ikoyi whistle-blower this month – Fed Govt

The Minister of Finance, Mrs Kemi Adeosun, on Sunday said that the whistle-blower who informed the Economic and Financial Crimes Commission (EFCC) of the N13bn recovered from an Ikoyi apartment in Lagos would be paid this month ...

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Ikoyi cash whistle-blower threatens to sue FG over non-payment of commission

Yakubu Galadima, the lawyer of the whistle-blower who informed the Economic and Financial Crimes Commission (EFCC) of the $43m, N23.2m and £27,800 (N13bn) recovered from an Ikoyi apartment, says his client is prepared to sue the Federal Government for fraud if he is not paid ...

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Ikoyi cash: EFCC yet to pay 5% commission to whistle-blower, says lawyer …it’s not our job to pay informants, says Magu

The whistle-blower that gave information leading to the recovery of N13bn from Flat 7B Osborne Towers, Ikoyi, Lagos, has denied having been paid five per cent of the recovered sum ...

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