Category: Financial Crimes

EFCC Opens Investigation Into 46 Bank Accounts Linked to Malami

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EFCC Opens Investigation Into 46 Bank Accounts Linked to Malami

The Economic and Financial Crimes Commission (EFCC) has intensified its investigation into 46 bank accounts allegedly linked to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami, marking one of the most extensive financial scrutiny operations involving a former top government official. The probe, which gained momentum this week, is part of a…

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Financial Crimes

Court Adjourns Yahaya Bello’s Money-Laundering Trial to January 29, 2026

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Court Adjourns Yahaya Bello’s Money-Laundering Trial to January 29, 2026

The Federal High Court sitting in Maitama, Abuja, has adjourned the trial of former Kogi State Governor, Yahaya Adoza Bello, over alleged money laundering involving about ₦80.2 billion to January 29, 2026. The new dates fixed for continuation of trial also include January 30, February 4, and February 5, 2026. The adjournment came after Tuesday’s…

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Crime Watch, Financial Crimes

Alleged N2.7billion Fraud: Court Adjourns Hadi Sirika’s Trial Till Dec 9

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Alleged N2.7billion Fraud: Court Adjourns Hadi Sirika’s Trial Till Dec 9

Justice S.C. Oriji of the Federal Capital Territory, FCT, High Court Maitama has adjourned till December 9, 2025 the adoption of written addresses by the prosecution and defence counsel in the trial within trial of a former Minister of Aviation Hadi Abubakar Sirika. Sirika is on trial alongside his daughter Fatima Hadi Sirika, son in…

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Financial Crimes

EFCC Recovers Over N500bn, Secures 7,000 Convictions in Two Years

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EFCC Recovers Over N500bn, Secures 7,000 Convictions in Two Years

President Bola Tinubu has disclosed that the Economic and Financial Crimes Commission (EFCC) secured more than 7,000 convictions and recovered assets worth over ₦500 billion within the last two years of his administration. The president made this known on Monday during the opening of a three-day capacity-building workshop for judges and justices, jointly organized by…

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Financial Crimes, News

BDC Operators Implicate Kano Governor’s Aide in ₦6.5 Billion Corruption Scandal

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BDC Operators Implicate Kano Governor’s Aide in ₦6.5 Billion Corruption Scandal

…Kano State in Turmoil as Anti-Graft Agencies Advance Probes The political atmosphere in Kano State has been thrown into turbulence following fresh revelations linking Abdullahi Ibrahim Rogo, the Director-General of Protocol at Government House, to a massive ₦6.5 billion corruption scandal. According to detailed statements made to the Economic and Financial Crimes Commission (EFCC) and…

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Financial Crimes

From Throne to Conviction: Apetu of Ipetumodu Jailed for $4.2M COVID-19 Relief Fraud

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From Throne to Conviction: Apetu of Ipetumodu Jailed for $4.2M COVID-19 Relief Fraud

Osun State’s traditional ruler, Oba Joseph Olugbenga Oloyede, known as the Apetu of Ipetumodu, has been sentenced to 56 months in a U.S. federal prison following his role in a multimillion-dollar COVID-19 relief fraud scheme. Court Verdict and Sentence Details On August 26, 2025, U.S. District Judge Christopher A. Boyko, sitting in the Northern District…

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Financial Crimes, News

EFCC Presents More Witnesses in Ex-Kwara Gov Ahmed’s Alleged N5.78bn Fraud Trial

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EFCC Presents More Witnesses in Ex-Kwara Gov Ahmed’s Alleged N5.78bn Fraud Trial

The Ilorin Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, on Tuesday, July 22, 2025 presented more witnesses to prove a case of alleged N5,78billion involving the immediate past Governor of Kwara State, Abdulfatah Ahmed, and his former Commissioner for Finance, Ademola Banu. At the resumed hearing of the case on Tuesday, the…

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Financial Crimes

EFCC Closing In: 18 Serving Governors Under Investigation, Says Chairman Olukoyede Drops Bombshell

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EFCC Closing In: 18 Serving Governors Under Investigation, Says Chairman Olukoyede Drops Bombshell

In a striking revelation that has sent ripples through Nigeria’s political landscape, the Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, disclosed that 18 sitting governors are currently under active investigation for alleged corruption and financial misappropriation. The revelation was made during a public sensitization campaign aimed at discouraging the abuse of…

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Financial Crimes

BREAKING: Court Dismisses ₦6.9bn Money Laundering Case Against Ex-Governor Fayose

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BREAKING: Court Dismisses ₦6.9bn Money Laundering Case Against Ex-Governor Fayose

A Federal High Court in Lagos has acquitted former Ekiti State Governor, Ayodele Fayose, of all charges related to alleged money laundering and theft amounting to ₦6.9 billion. Delivering judgment, Justice Chukwujekwu Aneke ruled in favor of a no-case submission filed by Fayose’s legal team, stating that the Economic and Financial Crimes Commission (EFCC) had…

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Crime Watch, Financial Crimes

EFCC Declares Rabiu Tijjani From Kano Wanted For $1.9m Fraud

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EFCC Declares Rabiu Tijjani From Kano Wanted For $1.9m Fraud

The Economic and Financial Crimes Commission (EFCC) has declared one Rabiu Auwalu Tijjani wanted for alleged involvement in a financial crime totaling nearly $2 million. In a statement issued by Dele Oyewale, EFCC spokesperson, the anti-graft agency said Rabiu is being sought in connection with a case of conspiracy, obtaining money by false pretence, and…

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Crime Watch, Financial Crimes