EFCC
Court Gives EFCC Nod to Publish Ekweremadu’s 40 Properties for Forfeiture
- Details
- Written by Chinonso Igwe
The Economic and Financial Crimes Commission, EFCC, on Friday November 4, 2022, secured the nod of a Federal High Court sitting in Abuja to publish an order of interim forfeiture of 40 landed properties belonging to a former Deputy Senate President, Sen. Ike Ekweremadu.
Justice Inyang Ekwo made the order while ruling on a motion exparte brought by the EFCC in Suit No.FHC/ABJ/CS/1242/2022.
The Commission had approached the court for an Order of interim forfeiture of the said properties which “are subject matters of investigation, enquiry and examination by the EFCC. which are reasonably suspected to be the proceeds of unlawful activity of money laundering committed by the respondents”.
Money Laundering: EFCC Arraigns Ex-Lagos Attorney-General, Shasore For N159million, $60,000
- Details
- Written by Chinonso Igwe
The Economic and Financial Crimes Commission, EFCC, on Friday, November 4, 2022, arraigned Olasupo Shasore, Senior Advocate of Nigeria, SAN, and former Attorney-General and Commissioner for Justice, Lagos State, on fourteen -count charges bordering on money laundering to the tune of N159,700,000.00( One Hundred and Fifty Nine Million, Seven Hundred Thousand Naira) and $60,000 (Sixty Thousand United States Dollars).
Shasore was arraigned alongside his company, Middlesex Investment Ltd, before Justice I.E. Ekwo of the Federal High Court Abuja, for failing to develop a programme to combat money laundering and other illegal acts, including failing to designate a compliance officer as specified under Section 9(a) of the Money Laundering Prohibition Act, 2011 (as amended).
He was also accused of failing to comply with the money laundering act by submitting to the Federal Ministry of Industry, Trade and Investment a declaration of activities of his company.
N66.5m Oil Fraud: Court Grants Defendant N50m Bail
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- Written by Chinonso Igwe
Justice Mojisola Dada of the Special Offences Court sitting in Ikeja Lagos, on Thursday, October 3, 2022, granted bail to one Adeleke Fayose, who is being prosecuted for an alleged N66.5m oil fraud, in the sum of N50m.
Fayose was arraigned alongside his company, Brooks and Knight International Limited, on October 27, 2022 by the Lagos Zonal Command of the EFCC on a three-count charge bordering on obtaining money under false pretences and stealing to the tune of N66.5 million.
One of the counts reads: "Adeleke Fayose and Brooks & Knight International Limited, on or about the 9th August 2018 at Lagos, within the jurisdiction of this Honourable Court, dishonestly stole the sum of N40, 000,000.00 (Forty Million Naira) property of GOSL Nigeria Limited."
Court Convicts 10 Internet Fraudsters in Asaba, Benin ...Orders the Forfeiture of Cars and Money to FG
- Details
- Written by Chinonso Igwe
The Benin Zonal Command of the Economic and Financial Crimes Commission, EFCC on Thursday November 3, 2022 secured the conviction of 10 internet fraudsters before Justice F.A. Olubanjo of the Federal High Court, Asaba, Delta State and Justice Efe Ikponmwonba of Edo State High Court, Benin City.
They are Odogun Richard Akpesiri, Prince Eric Nnamdi, Bobby Chukwudi Okonkwo, Akorah Chinedu Friday, Promise Bassy and Ernest Owen Igbenidion.
Others are: Happiness Ayo Usomata, Tochukwu Chinazum Onyido, Emmanuel Ochuko and Anyasi Ifeanyi.
Court Dismisses Kantigi’s Appeal, Affirms Forfeiture of Property to FG
- Details
- Written by Chinonso Igwe
A three-man panel of Judges of the Court of Appeal, Abuja, led by Justice Bature Isah Gafai, has dismissed an appeal filed by Baba Chado Kantigi claiming ownership of House No. 10, Kinshasa Street, Wuse Zone 6, Abuja.
The appeal was dismissed on Monday, October 31, 2022.
Kantigi filed the appeal to claim ownership of the property linked to Alhaji Liman Kantigi, a former Commissioner for Local Government and Chieftaincy Affairs in Niger state while Mu’azu Babangida Aliyu was governor.
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