Financial Crimes

EFCC recovers N27.7bn unremitted withholding taxes from six banks

The Economic and Financial Crimes Commission (EFCC) has recovered over N27.7billion from six banks being unremitted withholding tax on dividends. Also, about seven more banks ...

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Alleged N919m fraud: EFCC, ICPC begin probe of suspended NHIS boss

The Economic and Financial Crimes Commission (EFCC) has begun investigations into allegations of misappropriation of funds and abuse of office levelled against the suspended Executive ...

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N64bn alleged fraud: Olejeme reacts to detention by EFCC

The former chairman of Nigeria Security Insurance Trust Fund, NSITF, Dr. Ngozi Olejeme has reacted to her detention by the Economic and Financial Crimes Commission, ...

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EFCC files fraud charge against Innoson

The Economic and Financial Crimes Commission (EFCC) has filed a fraud charge against Mr. Innocent Chukwuma, alias Innoson, his company Innoson Nigeria Limited and his ...

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Why we are probing Mark’s acquisition of Senate President’s house – Fed Govt

The Minister of Justice and Attorney General of the Federation (AGF), Abubakar Malami (SAN) and the Chairman, Special Presidential Investigation Panel for Recovery of Public ...

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Innoson Group: I’m not aware of reasons for Chief Chukwuma’s arrest – AGF

The Minister of Justice and Attorney General of the Federation, (AGF) Abubakar Malami on Thursday said that he has not been briefed on why the Chairman of ...

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EFCC grants NFIU autonomy

Acting Chairman, Economic and Financial Crimes Commission (EFCC), Ibrahim Magu Wednesday told the Senate that the Nigeria Financial Intelligence Unit (NFIU) has been granted autonomy. ...

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Buhari promises more trouble for Ikoyi cash culprits

President Muhammadu Buhari on Tuesday said all those found culpable in the case of large amounts of foreign and local currencies recovered by the Economic and Financial Crimes Commission (EFCC) in a residential apartment ...

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UK set to return $85m Malabu oil loot to Nigeria

The United Kingdom (UK) has given the final clearance for Nigeria to draw down a whopping $85 million seized from entities embroiled in the controversial Malabu Oil scam ...

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Russian court jails ex-minister for bribery

A Russian court sentenced ex-economy minister Alexei Ulyukayev to eight years in prison on Friday after finding him guilty of taking a $2 million bribe ...

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