The Economic and Financial Crimes Commission (EFCC), on Wednesday, arraigned Yakubu Adamu, Commissioner of Finance, Bauchi State, and his co-defendants on alleged $9.7 million terrorism financing. They were arraigned on a 10-count charge before Justice Emeka Nwite of the Federal High Court in Abuja. Adamu, the 1st defendant,Continue Reading
By Sylvester Udemezue I read a piece titled, “A Rejoinder To Sylvester Udemezue’s Piece On EFCC Lead Counsel’s Public Statement On Ex Parte Bail Order For Ex-AGF Malami” written by a respected learned friend, O.F. Akeredolu, PhD. I am sincerely grateful to Dr. Akeredolu for the rejoinder andContinue Reading
By O. F. Akeredolu, PhD Dear sir, I am writing this because I believe you are ‘open, always to being corrected by reasoned submissions grounded in law’. I have read with care the article titled “EFCC Lead Counsel’s Press Release, Ex Parte Bail Order for Ex-AGF Malami, andContinue Reading
By The Economic and Financial Crimes Commission (EFCC) will, on Wednesday, arraign Yakubu Adamu, Commissioner of Finance, Bauchi State, over alleged N4.6 billion money laundering. Adamu, alongside a firm, Ayab Agro Products and Freight Company Ltd, will be arraigned before Justice Emeka Nwite at the Federal High Court inContinue Reading
An EFCC witness, Mshelia Arhyel Bata, in the alleged money laundering trial of former Gov. Yahaya Bello of Kogi, on Monday, re-affirmed that fund withdrawals by the state government did not breach any banking law. Bata stated this while being cross-examined by the ex-governor’s counsel, Joseph Daudu, SAN,Continue Reading
The trial of Emmanuella Eteta Ita, Head of Stakeholders Unit of the Federal Inland Revenue Services, FIRS and her Surestart School Limited before Justice Giwa Ogunbanjo of the Federal High Court, sitting in Abuja, continued on Tuesday, October 21, 2025 with the judge slating December 8, 2025 for judgment. Ita and Surestart School LtdContinue Reading
By EFCC’s witness, Bello Umar, has revealed how Olugbenga Obadina received N2.1 billion from the office of the former National Security Adviser, Col. Sambo Dasuki (rtd.), without executing a contract. Umar, the first prosecution witness (PW-1), made this known before Justice James Omotosho of a Federal High Court inContinue Reading
By No fewer than 14, 000 Nigerian investors have prayed the Economic and Financial Crimes Commission (EFCC) to investigate activities of a cryptocurrency firm, MTS/TOFRO, over alleged N1.8 trillion investment fraud. The petitioners, though their lawyer, Ebuka Nwaeze, also urged the Securities and Exchange Commission (SEC) to investigate theContinue Reading
By Justice Ayokunle Faji of the Federal High Court Ikoyi, Lagos, has convicted the duo of Dr. Olufemi Martins Thomas, a former Executive Secretary, National Health Insurance Scheme, NHIS, and one Kabiru Sidi, a Bureau De Change Operator, for $2,198,900.00 ( Two million, One Hundred and Ninety Eight Thousand, Nine HundredContinue Reading
