A Federal High Court sitting in Ikoyi, Lagos on Monday, December 2, 2019 ordered the forfeiture of the Ilorin residence of the immediate past Senate President, Dr Bukola Saraki, on an interim basis.
The Economic and Financial Crimes Commission (EFCC) on Monday, December 2, 2019 arraigned one Sadiq Mustapha, a 33-year-old businessman before Justice Mallong Peter of the Federal High Court, Kaduna.
A prosecution witness, Peter Ademola Adegoke, a Compliance Officer with a new generation bank on Friday, November 29, 2019, told Justice Abdullai M. Liman of the Federal High Court sitting in Ikoyi, Lagos how the sum of N18bn was paid into the account of a company, Ismalob Global Investments, belonging to Ismaila Mustapha, also known as Mompha.
The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has charged religious leaders in the country to direct their messages more on the need for Nigerians to embrace integrity and hard work, noting that such messages are necessary to catalyze Nigerians towards playing positive roles in national development.
Mairo Abdulahi Bashir, a business manager with United Bank for Africa, UBA, and first prosecution witness, (PW1), in the ongoing trial of Abdulrasheed Maina, former chairman, Pension Reform Task Team before Justice Okon Abang of the Federal High Court, Abuja, on Friday, November 29, 2019 disclosed that Maina used his sister’s name to open a secret bank account with the UBA, through which funds were transferred. According to the witness, Maina passed off the account as belonging to his sister, while he actually operated it.
A former employee of the Ayete Microfinance Bank Limited in Oyo State, Sunday Fadayomi, was on Friday, November 29, 2019, sentenced to six years in prison without an option of fine for stealing a total of sum of N11,000,000 (Eleven Million Naira) from the bank while working there.
Operatives of the Economic and Financial Crimes Commission EFCC, in the early hours of Thursday November 28, 2019, arrested 23 Internet fraud suspects at a building which is being used as training outpost for potential cyber criminals on Essien Essien Street, Ikot Ibiok village, Eket Local Government Area, Akwa Ibom State.
The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, has commenced investigation into the allegations of over N150m( One Hundred and Fifty Million Naira) fraud involving Stephen Oshinowo, a former Executive Secretary, Lagos State Scholarship Board, Shobaloju Akinwunmi, Director, Accounts and one Kasali Kamoru Amoo.
The Oodua Youth Parliament, OYP, on Thursday November 28, 2019 presented the Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, with an award of excellence, in recognition of his contributions in the fight against corruption, especially cyber crime in the country.
Students across the country have been charged to strive to earn decent livelihood through legitimate means. The head of the Kaduna office of the Economic and Financial Crimes Commission, EFCC, Mailafia Yakubu gave the advice when he played host to students of Dialogue College, Kaduna, on an excursion to the Zonal Office.