Tag: Money laundering

Alleged Investment Scam: How I Lost over N500m to Couple, Accomplice -Witness  

Posted on By Rextun boss No Comments on Alleged Investment Scam: How I Lost over N500m to Couple, Accomplice -Witness  
Alleged Investment Scam: How I Lost over N500m to Couple, Accomplice -Witness  

The trial of the Chief Executive Officer of Onome Global Market Resources Limited and Lexicon Multi-concept Media Limited, Osabohein Alex Ologbose and his wife, Hope Onome Oghelemu, continued on Thursday, September 24, 2026, before Justice Ekerete Akpan of the Federal High Court, Abuja, with the third Prosecution Witness, PW3, Ikechukwu Chikelum, narrating how the couple…

Read More “Alleged Investment Scam: How I Lost over N500m to Couple, Accomplice -Witness  ” »

EFCC Court Cases, Financial Crimes

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

Posted on 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

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

Posted on 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

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

Posted on 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

EFCC Set to Arraign Miyetti Allah President Bello Bodejo Over Alleged $2.53m Terrorism Financing, Money Laundering

Posted on By Rextun boss No Comments on EFCC Set to Arraign Miyetti Allah President Bello Bodejo Over Alleged $2.53m Terrorism Financing, Money Laundering
EFCC Set to Arraign Miyetti Allah President Bello Bodejo Over Alleged $2.53m Terrorism Financing, Money Laundering

The Economic and Financial Crimes Commission (EFCC) is preparing to arraign the National President of Miyetti Allah Kautal Hore, Bello Abdullahi Bodejo, before the Federal High Court in Abuja over allegations of terrorism financing and money laundering involving approximately $2.53 million. According to information released by the anti-graft agency, a 12-count charge was filed against…

Read More “EFCC Set to Arraign Miyetti Allah President Bello Bodejo Over Alleged $2.53m Terrorism Financing, Money Laundering” »

Financial Crimes, Terrorism Financing

₦80.2bn Yahaya Bello Fraud Trial: Court Insists on Receipts  Before Admitting CTCs

Posted on By Rextun boss No Comments on ₦80.2bn Yahaya Bello Fraud Trial: Court Insists on Receipts  Before Admitting CTCs
₦80.2bn Yahaya Bello Fraud Trial: Court Insists on Receipts  Before Admitting CTCs

 The trial of former Kogi State Governor, Yahaya Adoza Bello continued on Wednesday, February 4, 2026, before Justice Emeka Nwite of the Federal High Court, Maitama, Abuja, with the cross-examination of Prosecution Witness Seven (PW7).  Bello is being prosecuted by the Economic and Financial Crimes Commission, EFCC, on a 19-count charge bordering on money laundering to…

Read More “₦80.2bn Yahaya Bello Fraud Trial: Court Insists on Receipts  Before Admitting CTCs” »

Financial Crimes

EFCC Traces 41 Properties Valued at ₦212bn to Ex-AGF Abubakar Malami

Posted on By Rextun boss No Comments on EFCC Traces 41 Properties Valued at ₦212bn to Ex-AGF Abubakar Malami
EFCC Traces 41 Properties Valued at ₦212bn to Ex-AGF Abubakar Malami

(see full list of properties) The Economic and Financial Crimes Commission (EFCC) has traced 41 high-value properties estimated at ₦212.9 billion to Abubakar Malami, former Attorney-General of the Federation and Minister of Justice, in one of the most extensive asset-tracing exercises involving a former top public official in recent years. The properties are spread across…

Read More “EFCC Traces 41 Properties Valued at ₦212bn to Ex-AGF Abubakar Malami” »

Financial Crimes

Alleged N1.38 billion Fraud: Jude, Wife Secretly Run a company To Divert Royalties, Mr P Tells Court

Posted on By Rextun boss 1 Comment on Alleged N1.38 billion Fraud: Jude, Wife Secretly Run a company To Divert Royalties, Mr P Tells Court
Alleged N1.38 billion Fraud: Jude, Wife Secretly Run a company To Divert Royalties, Mr P Tells Court

Nigerian singer Peter Okoye, one of the defunct music pair P-Square, has testified against his elder brother and former manager, Jude Okoye, on Monday in the celebrated N1.38 billion money laundering trial. Mr Okoye, known as Mr P, accused his older brother of secretly incorporating a company, Northside Music Limited, to collect and control P-Square’s…

Read More “Alleged N1.38 billion Fraud: Jude, Wife Secretly Run a company To Divert Royalties, Mr P Tells Court” »

Celebrities

Lagos Court Jails Man Three Months for Non-Declaration of $30,000 at Airport

Posted on By Rextun boss No Comments on Lagos Court Jails Man Three Months for Non-Declaration of $30,000 at Airport
Lagos Court Jails Man Three Months for Non-Declaration of $30,000 at Airport

Justice Deinde I. Dipeolu of the Federal High Court sitting in Ikoyi, Lagos, on Wednesday, April 2, 2025, convicted and sentenced Okunfulure Olusola Steve to three Months imprisonment for money laundering. The convict was arrested on March 28, 2025 at the Murtala Muhammed International Airport, Ikeja, Lagos by operatives of the Nigeria Customs Service, NCS,…

Read More “Lagos Court Jails Man Three Months for Non-Declaration of $30,000 at Airport” »

Financial Crimes

Money Laundering: Court Sentences Senator Bassey To 42 Years Jail

Posted on By Rextun boss No Comments on Money Laundering: Court Sentences Senator Bassey To 42 Years Jail

Senator Albert Bassey representing Akwa Ibom North East at the National Assembly has been convicted for money laundering. On Thursday, Justice Agatha Okeke of the Federal High, Uyo, Akwa Ibom State sentenced Senator Bassey to 42 years imprisonment. The court found the lawmaker guilty of a six-count charge of money laundering preferred against him by…

Read More “Money Laundering: Court Sentences Senator Bassey To 42 Years Jail” »

Crime Watch, News