Tag: efcc

Businessman jailed for N2.5m fraud

Businessman jailed for N2.5m fraud Businessman jailed

A Kano-based businessman, Mustapha Babangida, was sentenced to six months imprisonment with an option of N250,000 fine on Monday, Juanuary 7, for defrauding a fellow businessman, Obi Bartholomew, of sums totaling N2.5 million. Justice Ibrahim Karaye of the Kano State High Court handed down the sentence after pronouncing Babangidan guilty of a one-count charge of […]

EFCC arrests six Yahoo boys

Operatives of the Economic and Financial Crimes Commission, EFCC, have arrested six suspected internet fraudsters, also known as ‘yahoo yahoo boys’ in one of their hideouts at Kubwa area, Abuja. The suspects are: Ihoeghian Aghasomwan, Precious Osarumen, Enabulele Osazee Frank, Osahon Scott, Efe Ehieorobo and Peter James. The operation, which was carried out on May […]

Ex-banker bags 7 years for N700m fraud

Ex-banker bags 7 years for N700m fraud

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Friday, May 4, 2018, secured the conviction and sentencing of one Nsa Ayi, a former Relationship Officer, Coronation Merchant Bank, to seven years imprisonment before Justice Mojisola Dada of the Lagos State High Court, Ikeja, Lagos. The convict, who was arraigned on February 26, […]

Three bag jail terms for internet fraud

Three bag jail terms for internet fraud Internet Fraud

The Economic and Financial Crimes Commission, EFCC, has secured the conviction of three members of an internet fraud gang at the Federal High Court sitting in Benin City, Edo State. Two of the convicts, Prince Henry Ofeyi and Afatakpa David were convicted and sentenced by Justice P. I. Ajoku on Wednesday April 2 while the […]

Anti-corruption fight: Magu unveils EFCC FC jersey

Anti-corruption fight: Magu unveils EFCC FC jersey Magu

The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, on Thursday, inaugurated the jersey for the EFCC Football Club, stressing the need for the anti-graft agency to adopt multiple approaches to its fight against corruption. The event took place at the commission’s permanent site at Jabi, Airport Road, Abuja where the […]

Court jails Nwobike, SAN, over bribery

Court jails Nwobike, SAN, over bribery Nwobike

A Lagos State High Court on Monday convicted Joseph Nwobike, a Senior Advocate of Nigera, for bribery and perversion of justice, and sentenced him to one month imprisonment. The presiding judge, Justice Raliat Adebiyi, pronounced the senior lawyer guilty, saying she was satisfied with the arguments and evidence brought against him by the Economic and […]

Court orders interim forfeiture of N204.2m Ikoyi property

Court orders interim forfeiture of N204.2m Ikoyi property

Justice Chuka Austin Obiozor of the Federal High Court, Lagos has ordered the interim forfeiture of a property worth the sum of N204, 200,000 to the Federal Government. The property, which is located at 20, Cameron Street, Ikoyi, Lagos, was recovered from one Joy Obiageli Oti by the Economic and Financial Crimes Commission, EFCC. The […]

EFCC seeks final forfeiture of properties, N11.4m

EFCC seeks final forfeiture of properties, N11.4m

The Economic and Financial Crimes Commission, on Tuesday, April 24, 2018, moved an application before Justice M.S. Hassan of the Federal High Court sitting in Ikoyi, Lagos.seeking a final forfeiture of some properties and the sum of N 11,040,000.00 (Eleven Million, Forty Thousand Naira) belonging to Capt. Olotu Olumuyiwa Morakinyo, Capt. Ebony Emmanuel Aneke and […]

N2m fraud: Court convicts Fraudster Who Cloned Ex-Custom’s boss aide’s phone

N2m fraud: Court convicts Fraudster Who Cloned Ex-Custom’s boss aide’s phone

Justice D.Z. Senchi of the Federal Capital Territory, FCT High Court, Jabi, on April 16, 2018 found Usman Baba Yusuf (a.k.a Usman Dakingari) guilty of his involvement in the cloning of the phone number of Abdulmumini Bako, a former Special Assistant to the former Comptroller General of the Nigeria Customs Service, Abdullahi Dikko Inde, and […]

EFCC docks Yanping, a Chinese, for concealing $300,000

EFCC docks Yanping, a Chinese, for concealing $300,000

The Economic and Financial Crimes Commission, EFCC, on March 28, 2018 arraigned a Chinese, Li Yanping, before Justice Babatunde Ouadri of the Federal High Court, Abuja on one-count charge of concealing a sum of $300,000 to the officers of the Nigerian Customs Service while attempting to board a flight en route Dubai, as required by […]