EFCC

April 29, (THEWILL) – Businesswoman and socialite, Aisha Achimugu, has been arrested by operatives of the Economic and Financial Crimes Commission (EFCC). Her lawyer, Chikaosolu Ojukwu (SAN), confirmed that Achimugu, who voluntarily returned to the country from London, was arrested...

April 26, (THEWILL) – The Economic and Financial Crimes Commission (EFCC) has declared four persons wanted over their alleged roles in a fraudulent scheme linked to the online trading platform, Crypto Bridge Exchange, better known as CBEX. The Federal...

April 16, (THEWILL) – The Economic and Financial Crimes Commission (EFCC) has launched a full-scale investigation into the alleged N1.3 trillion investment scam involving CryptoBank Exchange (CBEX), a digital trading platform that recently collapsed, leaving thousands of investors stranded. The...

April 08, (THEWILL) – The Economic and Financial Crimes Commission (EFCC) has arraigned Sirajo Muhammad Jaja, the Bauchi state accountant-general, before the Federal High Court in Abuja for alleged fraud. Jaja was arraigned on Monday, alongside Aliyu Abubakar, a bureau...

April 03, (THEWILL) – A Federal High Court in Lagos has ordered the forfeiture of $20,000 confiscated from a U.S.-bound traveller, Olusola Okunfulure, to the Federal Government. Justice Dehinde Dipeolu issued the forfeiture order after convicting Okunfulure on a one-count...

March 20, (THEWILL) – A Lagos Special Offences Court, Ikeja, has rejected a document presented by the Economic and Financial Crimes Commission in the ongoing trial of a former Managing Director of the Asset Management Corporation of Nigeria (AMCON),...

March 20, (THEWILL) – Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested the Accountant General of Bauchi State, Sirajo Jaja, over an alleged N70 billion fraud. Jaja was apprehended in Abuja on Wednesday alongside Aliyu...

March 17, (THEWILL) – The Chairman of Honeywell Group, Oba Otudeko, and the Economic and Financial Crimes Commission (EFCC), have disclosed plans to reach an Out-of-Court settlement over an alleged N30 billion fraud case. Wole Olanipekun, Counsel to Oba...

March 12, (THEWILL) – The Supreme Court on Tuesday dismissed appeals filed by the Attorney General of Rivers State and the Speaker of the State House of Assembly challenging the Economic and Financial Crimes Commission’s (EFCC) bid to investigate...

March 11, (THEWILL) – The Economic and Financial Crimes Commission (EFCC) has uncovered 58 fraudulent entities masquerading as investment firms, operating illegal Ponzi schemes and defrauding unsuspecting Nigerians. Ponzi schemes, which promise unrealistic returns with little or no...