Financial Crimes

FG begins spending $321m Abacha loot in July

The Federal Government will begin drawing money from the $321m loot repatriated to Nigeria from Switzerland next month. The fund, which was part of the ...

Read More »

Court orders seizure of Diezani’s N325.4m Lekki land

The Federal High Court in Lagos on Wednesday ordered the temporary seizure of a parcel of land in the Lekki area of Lagos linked to ...

Read More »

Ex-minister Akinjide returns N650m to EFCC

The Economic and Financial Crimes Commission (EFCC) yesterday told the Federal High Court in Lagos that former Minister of the Federal Capital Territory (FCT), Jumoke ...

Read More »

Nigerian bags 15 years in jail for biggest U.S tax fraud

A Nigerian, Emmanuel Kazeem, who masterminded a plot to obtain millions in refunds from the United States Internal Revenue Service has been sentenced to 15 ...

Read More »

Diezani: How UK govt helps Nigeria seize looted assets — Fed Govt

The Federal Government has given an insight into how it gets the assistance of the United Kingdom to seize properties and other assets linked to ...

Read More »

Alleged fraud: I won’t refund money to EFCC – Ladoja

A former Governor of Oyo State, Rashidi Ladoja, on Friday said he was not worried by the ongoing suit instituted against him by the Economic ...

Read More »

Former SGF, Babachir Lawal welcomes EFCC probe on grass-cutting scandal

A former Secretary to the Government of the Federation, Mr Babachir Lawal, says he is happy with the Economic and Financial Crimes Commission (EFCC)’s investigations ...

Read More »

Court orders Ex-COAS, Adesola Amosu, to forfeit N2.2bn

The Federal High Court in Lagos has ordered the temporary forfeiture of N2.2billion recovered from a former Chief of Air Staff, Air Marshal Adesola Amosu. ...

Read More »

Ex-Plateau governor, Dariye, bags 14 years’ sentence for N1.16bn fraud

A Federal High Court judge handed over a 14 year sentence to former Plateau governor Joshua Dariye on Tuesday and chastised him for being irresponsible and betraying the public trust ...

Read More »

Alleged money laundering: Ex-Kaduna governor, Yero, gets bail

The Federal High Court sitting in Kaduna on Wednesday granted bail to former governor of Kaduna State, Ramalan Yero and three others standing trial over ...

Read More »