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Category: Financial Crimes

EFCC Arraigns Ex-Harmony Investments Executive Over Alleged N32.1m Money Laundering

Posted on July 22, 2026July 22, 2026 By Rextun boss No Comments on EFCC Arraigns Ex-Harmony Investments Executive Over Alleged N32.1m Money Laundering
EFCC Arraigns Ex-Harmony Investments Executive Over Alleged N32.1m Money Laundering

The Economic and Financial Crimes Commission (EFCC) has arraigned a former Group Executive Director of Harmony Investments and Property Development Company Limited, Adebayo Sanni, before the Federal High Court sitting in Ilorin, Kwara State, over an alleged N32.1 million money laundering offence. Sanni was brought before Justice Abimbola Awogboro on Monday, July 20, 2026, on…

Read More “EFCC Arraigns Ex-Harmony Investments Executive Over Alleged N32.1m Money Laundering” »

EFCC Court Cases, Financial Crimes

Court Orders Final Forfeiture of Aisha Achimugu’s N4.6bn Jewellery, Luxury Assets to Federal Government

Posted on July 16, 2026July 16, 2026 By Rextun boss No Comments on Court Orders Final Forfeiture of Aisha Achimugu’s N4.6bn Jewellery, Luxury Assets to Federal Government
Court Orders Final Forfeiture of Aisha Achimugu’s N4.6bn Jewellery, Luxury Assets to Federal Government

An Abuja High Court sitting in Apo has ordered the final forfeiture of jewellery valued at approximately N4.65 billion and other high-value assets linked to businesswoman Aisha Achimugu to the Federal Government. Justice Jude Onwugbuzie granted the order following an application by the Economic and Financial Crimes Commission (EFCC), bringing the forfeiture proceedings over the…

Read More “Court Orders Final Forfeiture of Aisha Achimugu’s N4.6bn Jewellery, Luxury Assets to Federal Government” »

EFCC Court Cases, Financial Crimes

Full List of Malami’s Properties Listed by EFCC’s Interim Forfeiture Order Marked FHCIABJ/CS/20/2026

Posted on July 16, 2026July 16, 2026 By Rextun boss No Comments on Full List of Malami’s Properties Listed by EFCC’s Interim Forfeiture Order Marked FHCIABJ/CS/20/2026
Full List of Malami’s Properties Listed by EFCC’s Interim Forfeiture Order Marked FHCIABJ/CS/20/2026
  1. Luxury duplex at Amazon Street, Plot No. 3011, Cadastral Zone A06, Maitama, Abuja (purchased in December 2022 for N500 million; enhanced value: N5.95 billion).
  2. Two-winged storey building at No. 3, Onitsha Crescent, Area 11, Garki, Abuja (formerly Harmonia Hotels Limited), purchased in December 2018 for N7 billion.
  3. Plot 683, Jabi District, Cadastral Zone B04, Abuja, comprising a five-storey building now operating as Meethaq Hotels Ltd with 53 rooms and suites (purchased in September 2020 at carcass level for N850 million, with an additional N300 million paid to take possession; current value: N8.4 billion).
  4. Property No. 3130, Cadastral Zone A04, Asokoro District, Abuja, comprising terraces, purchased in January 2021 for N360 million.
  5. Meethaq Hotels Limited, No. 3 Rhine Street, Maitama, Abuja, with 15 rooms (purchased in February 2018 for N430 million; current value after rehabilitation: N12.95 billion).
  6. Plot No. 1241B, Asokoro District (No. 11A Yakubu Gowon Crescent), Abuja, purchased in July 2021 for N325 million.
  7. Shop No. C82, Citiscape-Shariff Plaza, Plot 739, Aminu Kano Crescent, Wuse II, Abuja, purchased in March 2024 for N120 million.
  8. No. 4 Ahmadu Bello Way, Nasarawa GRA, Kano, purchased in December 2022 for N300 million.
  9. Plot 157, Lamido Crescent, Nasarawa GRA, Kano, purchased in July 2019.
  10. Plaza, commercial toilets, laundry, warehouses and tanks adjacent to Birnin Kebbi Market, valued at N100 million.
  11. One hundred hectares of land along Birnin Kebbi-Jega Road, purchased in 2020 for N100 million.
  12. Four-bedroom bungalow at Gesse Phase, Birnin Kebbi, purchased in 2023 for N101 million.
  13. Shops A36 and B3, Vegas Mall, Wuse II, Abuja, purchased in July 2023 for N158 million.
  14. No. 26, Babbi Drive, BUA Estate, Abuja, purchased in 2022 for N136 million.
  15. No. 27, Efab Estate Avenue, 5th Avenue, 59th Crescent, Gwarinpa, Abuja, purchased in January 2016 for N120 million.
  16. Four-bedroom bungalow with two-room boys’ quarters at No. 10B, Doka Crescent, Abakpa GRA, Kaduna, purchased in January 2018 for N40 million.
  17. Plot No. 13, Ipent 7 Estate, Karsana District, Abuja, purchased in June 2018 for N85 million.
  18. Duplex with boys’ quarters at No. 12 Yalinga Street, off Adetokunbo Ademola Crescent, Wuse II, Abuja, purchased in October 2018 for N150 million.
  19. Warehouse shops B40 and B46, Wuse Market, Abuja, purchased in July 2020 for N50 million.
  20. Twin houses at Zone E, Apo Legislative Quarters, Plot 14014, Gudu District, Abuja, purchased between February and May 2017 for N250 million.
    Properties acquired by Khadimiyya for Justice & Development Initiative, Academic Garden City, Birnin Kebbi
  21. Nine units of three-bedroom bungalows.
  22. Three units of two-bedroom bungalows.
  23. 5.4 hectares of land (acquired between February and September 2023 for N187 million).
    Rayhaan University, Kebbi State
  24. Permanent site – N56 billion.
  25. Temporary site – N37.8 billion.
  26. Third site – N2.45 billion.
  27. Vice-Chancellor’s residence – N490 million.
    Rayhaan Agro Allied Factory, Kebbi State
  28. Factory buildings – N4.2 billion.
  29. Factory machines and plant – N10.5 billion.
  30. Factory mosque – N2.45 billion.
  31. Staff quarters – N1.4875 billion.
  32. Bustan building – N3.15 billion.
    Azbir Arena, Kebbi State
  33. Azbir Hotel – N10.325 billion.
  34. Printing press – N1.05 billion.
  35. Gallery – N581 million.
  36. Gardens – N392 million.
  37. Mosque – N252 million.
  38. Azbir Clothing – N350 million.
  39. Azbir Pharmacy and Supermarket – N175 million.
    Other properties in Kebbi State
  40. Al-Afiya Energy tanker garage opposite Rayhaan University Health Centre, Birnin Kebbi – N2.45 billion.
  41. Rayhaan Model Academy – N11.2 billion.
  42. Rayhaan Primary and Secondary School – N8.75 billion.
  43. Rayhaan Security House, Birnin Kebbi – N245.7 million.
  44. Rayhaan Radio, Birnin Kebbi – N78.75 million.
  45. Uncompleted two-storey plaza opposite Central Motor Park (Eastern Park), Birnin Kebbi – N665 million.
  46. Amasdul Oil and Gas Ltd filling station structure along Sani Abacha Bypass, Birnin Kebbi – N1.05 billion.
  47. Malami Support Organisation building – N210 million.
  48. ADC Kadi Malami Foundation building – N56 million.
  49. Abubakar Malami (SAN)’s house, GRA, Birnin Kebbi – N350 million.
  50. Abubakar Malami (SAN)’s house behind Mobil, Birnin Kebbi – N490 million.
  51. Abdulaziz Malami’s house at Gesse Phase II, Birnin Kebbi – N1.659 billion.
  52. Abiru-Rahman Abubakar Malami’s house at Gesse Phase II, Birnin Kebbi – N2.989 billion.
    Properties in Kano State
  53. Zeennoor Hotel, Kabuga Satellite Town, Kano, with 131 rooms – N11.2 billion.
  54. Zeennoor Mosque, Kabuga Satellite Town, Kano – N84 million.
  55. Zeennoor Old Hotel Building – N280 million.
  56. Rayhaan Hotel, opposite Aminu Kano Teaching Hospital, Kano, comprising more than 50 rooms – N2.24 billion.
  57. Rayhaan Gym, opposite Rayhaan Hotel, Kano – N1.225 billion
  • Bournemouth Humiliate Manchester United 3-0 at Old Trafford as Carrick Faces Mounting Pressure
    by Rextun boss
    October 25, 2026
    Bournemouth delivered another painful blow to Manchester United on Sunday,…

    Read More “Bournemouth Humiliate Manchester United 3-0 at Old Trafford as Carrick Faces Mounting Pressure” »

  • Tragedy in Kogi: Police Corporal Allegedly Kills Female Colleague, Takes Own Life After Reported Relationship Crisis
    by Rextun boss
    October 25, 2026
    A tragic shooting incident involving two serving police officers has…

    Read More “Tragedy in Kogi: Police Corporal Allegedly Kills Female Colleague, Takes Own Life After Reported Relationship Crisis” »

EFCC Court Cases, Financial Crimes

Court Orders Final Forfeiture of 48 Properties Linked to Ex-AGF Abubakar Malami

Posted on July 15, 2026July 15, 2026 By Rextun boss No Comments on Court Orders Final Forfeiture of 48 Properties Linked to Ex-AGF Abubakar Malami
Court Orders Final Forfeiture of 48 Properties Linked to Ex-AGF Abubakar Malami

A Federal High Court in Abuja has ordered the final forfeiture of 48 properties linked to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, in a major victory for the Economic and Financial Crimes Commission (EFCC) in its asset recovery efforts. The ruling, delivered by Justice Joyce Abdulmalik, granted the EFCC’s application…

Read More “Court Orders Final Forfeiture of 48 Properties Linked to Ex-AGF Abubakar Malami” »

EFCC Court Cases, Financial Crimes

Court Grants Ex-CCT Chairman Danladi Umar ₦100 Million Bail in Corruption Case

Posted on July 15, 2026July 15, 2026 By Rextun boss No Comments on Court Grants Ex-CCT Chairman Danladi Umar ₦100 Million Bail in Corruption Case
Court Grants Ex-CCT Chairman Danladi Umar ₦100 Million Bail in Corruption Case

A Federal Capital Territory (FCT) High Court sitting in Maitama, Abuja, has granted bail to former Chairman of the Code of Conduct Tribunal (CCT), Danladi Umar, in the sum of ₦100 million as he faces trial over alleged corruption-related offences. Justice Peter Kekemeke, who delivered the ruling on Wednesday, admitted Umar to bail on the…

Read More “Court Grants Ex-CCT Chairman Danladi Umar ₦100 Million Bail in Corruption Case” »

Financial Crimes

Alleged N2.7b Fraud : Witness Confirms Sirika’s Voice in Leaked Audio Evidence

Posted on July 9, 2026July 9, 2026 By Rextun boss No Comments on Alleged N2.7b Fraud : Witness Confirms Sirika’s Voice in Leaked Audio Evidence
Alleged N2.7b Fraud : Witness Confirms Sirika’s Voice in Leaked Audio Evidence

The trial of former Minister of Aviation, Hadi Sirika, took a dramatic turn on Wednesday, July 8, 2026 as Justice S.C. Oriji of the Federal Capital Territory, FCT, High Court in Abuja listened to a recording of the conversation between the former minister who is standing trial before it and the Permanent Secretary in the…

Read More “Alleged N2.7b Fraud : Witness Confirms Sirika’s Voice in Leaked Audio Evidence” »

EFCC Court Cases, Financial Crimes

EFCC Arraigns Ex-CCT Chairman, Danladi Umar for Alleged N15.5m Fraud

Posted on July 9, 2026July 9, 2026 By Rextun boss No Comments on EFCC Arraigns Ex-CCT Chairman, Danladi Umar for Alleged N15.5m Fraud
EFCC Arraigns Ex-CCT Chairman, Danladi Umar for Alleged N15.5m Fraud

The Economic and Financial Crimes Commission, EFCC, on Thursday, July 9, 2026, arraigned Danladi Yakubu Umar, former Chairman of the Code of Conduct Tribunal before Justice U. P. Kekemeke of the Federal Capital Territory High Court, Maitama, Abuja for fraud. The defendant who was also the Tribunal’s Tenders Board chairman was arraigned on a four-count…

Read More “EFCC Arraigns Ex-CCT Chairman, Danladi Umar for Alleged N15.5m Fraud” »

EFCC Court Cases, Financial Crimes

Miyetti Allah President Denies 12 EFCC Charges in Alleged $2.53 Million Money Laundering, Terrorism Financing Case

Posted on July 9, 2026July 9, 2026 By Rextun boss No Comments on Miyetti Allah President Denies 12 EFCC Charges in Alleged $2.53 Million Money Laundering, Terrorism Financing Case
Miyetti Allah President Denies 12 EFCC Charges in Alleged $2.53 Million Money Laundering, Terrorism Financing Case

The National President of Miyetti Allah Kautal Hore, Bello Abdullahi Bodejo, has pleaded not guilty to a 12-count charge of alleged money laundering and terrorism financing brought against him by the Economic and Financial Crimes Commission (EFCC) before the Federal High Court in Abuja. Bodejo was arraigned on Thursday before Justice Inyang Ekwo, where the…

Read More “Miyetti Allah President Denies 12 EFCC Charges in Alleged $2.53 Million Money Laundering, Terrorism Financing Case” »

Financial Crimes, Terrorism Financing

Senate Advances Tougher Anti-Fake Drug Bill, Proposes 15-Year Jail Term for Medicine Hawkers

Posted on July 8, 2026July 8, 2026 By Rextun boss No Comments on Senate Advances Tougher Anti-Fake Drug Bill, Proposes 15-Year Jail Term for Medicine Hawkers
Senate Advances Tougher Anti-Fake Drug Bill, Proposes 15-Year Jail Term for Medicine Hawkers

Nigeria’s Senate has passed for second reading a bill seeking to significantly strengthen the country’s legal framework against counterfeit medicines, fake drugs and unsafe processed food products, proposing stiffer penalties that include up to 15 years’ imprisonment for individuals caught hawking medicines. The proposed legislation, titled the Counterfeit Medical Products, Fake Drugs and Unwholesome Processed…

Read More “Senate Advances Tougher Anti-Fake Drug Bill, Proposes 15-Year Jail Term for Medicine Hawkers” »

Product Counterfeiting

Alleged N1.32bn Money Laundering: EFCC Arraigns Former MD Of Port Harcourt Refinery

Posted on July 8, 2026July 8, 2026 By Rextun boss No Comments on Alleged N1.32bn Money Laundering: EFCC Arraigns Former MD Of Port Harcourt Refinery
Alleged N1.32bn Money Laundering: EFCC Arraigns Former MD Of Port Harcourt Refinery

The Economic and Financial Crimes Commission (EFCC) on Wednesday, July 8, 2026 arraigned Mr. Ahmed Adamu Dikko, former Managing Director of Port Harcourt Refining Company Ltd (PHRC), before Justice Inyang Ekwo of the Federal High Court, Abuja, on a 12-count charge bordering on money laundering. The charge, marked FHC/ABJ/CR/360/2026 and dated and filed on June…

Read More “Alleged N1.32bn Money Laundering: EFCC Arraigns Former MD Of Port Harcourt Refinery” »

EFCC Court Cases, Financial Crimes

Posts pagination

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