#Economic and Financial Crimes Commission (EFCC

[saynaija]

Alleged 19m Fraud: EFCC Presents More Witness Against Defendant

Alleged 19m Fraud: EFCC Presents More Witness Against Defendant The Economic and Financial Crimes Commission, EFCC, on Tuesday, October 15, 2024, presented its third prosecution witness, PW 3, Felicia Paul, an operative of the EFCC, in the trial of one Murtala Adebayo for an alleged N19m fraud before Justice Mojisola Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos. Adebayo…

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(via ANTI GRAFT WAR: How The IGP Ordered The Immediate Withdrawal Of 11 Policemen Attached To Yahaya Bello.)

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Dangote Speaks On EFCC’s Visit To Its Headquarters

Management of Dangote Industries Limited has doused the concerns of stakeholders following the visit to its Head office in Lagos by officials of the Economic and Financial Crimes Commission (EFCC) saying it was ready to assist the Commission in its investigations. The foremost indigenous conglomerate in a statement disclosed that it received a letter from the EFCC on December 6, 2023, requesting…

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EFCC Warns Against Unauthorized Use of Operational Identities in Skits and Social Media Content

The Economic and Financial Crimes Commission (EFCC) has again cautioned skit makers and social workers against the unlawful and irresponsible use of the Commission’s operational identities. This warning comes in response to a video titled “EFCC and Army Wahala” circulating on social media. In a statement issued on Wednesday, the spokesperson of the anti-graft agency, Dele Oyewale, emphasized…

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Again, court jails convicted Mama Boko Haram of fraud

Again, court jails convicted Mama Boko Haram of fraud

The Borno State High Court in Maiduguri has sentenced Aisha Wakil widely known as Mama Boko Haram to 10 years imprisonment for fraud. According to a statement by the Economic and Financial Crimes Commission (EFCC) on Thursday, the court jailed Ms Wakil on Wednesday, making it her third conviction and sentencing for fraud this year. In the latest judgement in the series of fraud cases involving…

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EFCC declares Leno Adesanya, promoter of Sunrise Power, wanted

ABUJA – Leno Adesanya has been declared wanted by the Economic and Financial Crimes Commission (EFCC).

Adesanya is the promoter of Sunrise Power and Transmission Ltd.

In a notice issued on Tuesday, the EFCC said Adesanya is wanted “in an alleged case of conspiracy and corrupt offer to public officers”.

Adesanwa was mentioned in three out of the seven-count charges preferred against Olu Agunloye, former minister of power and steel.

The EFCC is prosecuting Agunloye over the $6 billion Mambilla hydropower contract.

Reported that EFCC traced some suspicious payments made by Sunrise Power and Transmission Ltd to Agunloye’s bank accounts.

In one of the counts, the EFCC alleged that on August 10, 2019, Agunloye “corruptly received the sum of N3,600,000.00” through his Guaranty Trust Bank account no.0022530926 from Sunrise Power and Transmission Company Limited (SPTCL) and Leno Adesanya for approving the Mambilla Hydroelectric Power Station project.

Former President Olusegun Obasanjo had challenged Agunloye to tell Nigerians where he derived the authority to award a $6 billion contract to Sunrise for the Mambilla hydropower project in 2003.

Sunrise Power is in arbitration with Nigeria at the International Chamber of Commerce (ICC), Paris, France, alleging a breach of contract.

The company said it was awarded a $6 billion build, operate and transfer (BOT) contract in May 2003 by the Obasanjo administration but that the federal government repudiated the agreement.

Sunrise is asking for a compensation of $2.3 billion, claiming it had spent millions of dollars on financial and legal consultants before the contract was jettisoned.

In its defence at the arbitration, the Nigerian government is alleging fraud and corruption of public officials in the award of the contract.

The matter is similar to the P&ID case in which a UK court nullified an $11 billion award against the country for the same reasons.

[hardynwa]

EFCC debunks 2023 recruitment rumour online

The Economic and Financial Crimes Commission, EFCC, has denied reports that it is currently recruiting. The anti-graft agency in a tweet on Monday urged the public to disregard information circulating on social media An online report had claimed that the commission commenced 2023 recruitment on July 4th, 2023. But the security agency warned prospective applicants that the information is false and misleading. In a statement, it said, ”The information, which is obviously the handiwork of fraudsters, advises prospective applicants to click a link (https//spukd.com/EFCC-2023-Recruitment-Portal).” The Commission warned the public against clicking any link that cannot be found on its website (http://efcc.gov.ng). ”We also use this opportunity to urge members of the public to cross-check any EFCC employment information in the social media with the Commission by email to : info@efcc.gov.ng or call 08093322644.” it added Read the full article

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The Kaduna Zonal Directorate of the Economic and Financial Crimes Commission, EFCC has arrested one Halima Yakubu Ngulde for suspected involvement in employment fraud. She was arrested in Unguwan Kanawa, Kaduna State, following credible intelligence linking her to obtaining money from job seekers on fraudulent promise of getting job placements for them in the Nigeria […]

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AGAIN: Ecobank Faces $285,006 Scandal as Firm Petitions EFCC

Ecobank Nigeria Plc is at the center of a $285,006 scandal following allegations of fraudulent and illegal transactions involving the domiciliary account of Moriah Trust Limited. The company and its representative, David Nwedu, have filed a petition with the Economic and Financial Crimes Commission (EFCC), urging an investigation and prosecution of those involved. The petition, titled “Criminal…

[saynaija]

EFCC’s Arrest At Urban Radio Enugu: Facts of the Matter

EFCC’s Arrest At Urban Radio Enugu: Facts of the Matter On Monday, October 14, 2024 a team of operatives of the Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, comprising four officers were at Urban Radio 94.5FM, Enugu to invite one Favour Ekoh, host of Prime Time, a programme running at the Station. Ekoh is being investigated by the Enugu Zonal Directorate of the…

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See 5 Internet Fraudsters (Yahoo Boys) Photos Jailed

The Uyo Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, had arraigned the convicts for criminal impersonation, fraudulent messaging and money laundering. No fewer than five internet fraudsters have been convicted and sentenced to various jail terms by the Federal High Court sitting in Calabar, the Cross River State capital, presided over by Justice Rosemary…

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Ex-Gov. Okowa Responds to N1.3 Trillion Fraud Probe, Says He Knows Those Behind It

The immediate past Governor of Delta State, Ifeanyi Okowa, says he knows the people behind his probe by the Economic and Financial Crimes Commission, EFCC. The EFCC is probing Okowa, who was a two-term governor, over an alleged diversion of the sum of N1.3 trillion. However, speaking at his residence in Asaba, the ex-governor described the allegations made against him as malicious and…

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The Supreme Court has dismissed a legal suit filed by 16 state attorneys general challenging the constitutionality of the laws establishing three major anti-graft agencies in Nigeria: the Economic and Financial Crimes Commission (EFCC), the Independent Corrupt Practices and Other Related Offences Commission (ICPC), and the Nigerian Financial Intelligence Unit (NFIU). Case Background The suit was initiated by the attorneys general of 16 states, who argued that the EFCC, ICPC, and NFIU were illegally constituted, claiming they were not properly ratified by state houses of assembly as required by the Nigerian Constitution. States involved in the lawsuit included Ondo, Edo, Oyo, Ogun, Nasarawa, Kebbi, Katsina, Sokoto, Jigawa, Enugu, Benue, Anambra, Plateau, Cross River, and Niger. At the resumed hearing on October 22, Imo, Bauchi, and Osun states joined as co-plaintiffs, while Anambra, Ebonyi, and Adamawa states withdrew their participation. Supreme Court’s Verdict Delivering the lead judgment, Justice Uwani Abba-Aji dismissed the suit, ruling that the plaintiffs lacked merit in their case against the Attorney-General of the Federation. Justice Abba-Aji emphasized that the establishment of the EFCC by the National Assembly does not require ratification from state houses of assembly, as it is not a treaty but a convention. “The states were completely wrong in asserting that the EFCC, created by an act of the National Assembly, was an illegal entity,” Justice Abba-Aji stated. The panel of seven justices, led by Abba-Aji, upheld the constitutionality of the anti-corruption bodies, affirming their legitimacy under Nigerian law. Federal Government’s Objections Dismissed The Supreme Court also dismissed all preliminary objections raised by the Federal Government regarding the states’ suit. Justice Abba-Aji clarified that the case was brought against the Attorney-General of the Federation, not directly against the anti-corruption agencies, granting the Supreme Court the jurisdiction to rule on the matter. Arguments of the Plaintiffs The plaintiffs argued that the Constitution is the supreme law of the land, rendering any legislation inconsistent with it null and void. They cited the Supreme Court’s decision in Dr. Joseph Nwobike vs. Federal Republic of Nigeria, which they claimed established that the EFCC Act was based on a United Nations Convention against Corruption. They contended that the National Assembly did not follow the provisions of Section 12 of the 1999 Constitution in enacting the EFCC Act, which mandates the approval of state houses of assembly. According to the plaintiffs, the EFCC Act was improperly integrated into Nigerian law without the required ratification, making the agency’s establishment unconstitutional. They argued that the law should not apply to states that did not endorse it. EFCC’s Defense Wilson Uwujaren, Director of Public Affairs for the EFCC, criticized the lawsuit, warning that scrapping the agency would severely undermine Nigeria’s fight against corruption. “Nigeria cannot survive without the EFCC. The level of corruption we face requires an anti-graft agency like ours,” Uwujaren stated during a Channels Television interview on October 21. He claimed that the states opposing the EFCC’s existence are those feeling the pressure of the agency’s crackdown on financial crimes, adding, “This legal challenge is a distraction driven by vested interests who fear accountability.” Legal Perspectives on the Controversy Human rights lawyer Femi Falana (SAN) defended the continued existence of anti-corruption bodies like the EFCC and ICPC. Speaking on Channels Television’s Politics Today on October 20, Falana argued for the autonomy of these institutions from federal government control. “For me, the ICPC and the EFCC, like the Code of Conduct Tribunal, have become permanent fixtures in our legal framework. Instead of scrapping them, we should focus on measures to enhance their independence,” Falana asserted. Conversely,

Olisa Agbakoba (SAN), a senior advocate, argued in a letter to the National Assembly that the EFCC was “unconstitutionally established,” asserting that the agency’s powers exceeded the legislative authority of the National Assembly. “The EFCC was set up without due process. It goes beyond the legislative powers granted by the Constitution,” Agbakoba wrote. He expressed satisfaction that several states had taken legal steps to challenge the EFCC’s constitutionality, which he believed would resolve longstanding questions about the agency’s legality. The Supreme Court’s decision to dismiss the case marks a significant win for Nigeria’s anti-corruption framework, solidifying the legal standing of the EFCC, ICPC, and NFIU. Legal experts and political observers await further reactions from state governments and anti-graft bodies as the implications of the ruling unfold. This judgment reaffirms the commitment of Nigeria’s judiciary to uphold the constitutionality of anti-corruption agencies and underscores the importance of a robust legal mechanism in the fight against financial crime.

[legalattorneyblog]

Analysis of Barrister Monday Ubani's Insights on the Appointment of the EFCC Chairman.

In a recent interview, Barrister Monday Onyekachi Ubani, Special Adviser to the Serving Senate President, provided a comprehensive analysis of the appointment of Mr. Ola Olukoyode as the chairman of the Economic and Financial Crimes Commission (EFCC) in Nigeria. With an emphasis on legal considerations, ethical challenges, and the expectations for the EFCC’s future operations, Barrister Ubani…

[premimtimes]

PenCom will never succumb to blackmail, Director General says

PenCom will never succumb to blackmail, Director General says

The National Pension Commission (PenCom) is ready open its books for scrutiny because it has nothing to hide, Aisha Dahir-Umar, the organisation’s director-general, has said. In a statement issued at the weekend, Mrs Dahir-Umar said PenCom is aware of a co-ordinated plan to bring the commission into disrepute with frivolous petitions to the anti-graft agencies in collaboration with disgruntled…

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