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
Flowerbud News/ Chief Ikechi Emenike, the All Progressives Congress (APC)’s Chieftain, has filed a motion for court to issue a bench warrant for the arrest of the EFCC Chairman, Mr Ola Olukoyede, for alleged refusal to obey court order with respect to an Abuja property forfeited to the Federal Government.Continue Reading
The Economic and Financial Crimes Commission (EFCC) has filed a three-count charge against two of the detained promoters of Crypto Bridge Exchange (CBEX) over allegations bordering on investment fraud to the tune of over one billion dollars. The two, in the charge marked: FHC/ABJ/CR/216/2025 and filed by EFCC lawyer,Continue Reading
By Vic Akinrogunde FLOWERBUDNEWS: Abdulrasheed Bawa, the former chairman of the Economic and Financial Crimes Commission (EFCC), has released a groundbreaking new book titled ‘The Shadow of Loot & Losses: Uncovering Nigeria’s Petroleum Subsidy Fraud’. This powerful exposé provides the most authoritative account yet of Nigeria’s multi-trillion-naira fuel subsidyContinue Reading
The Federal High Court in Abuja on Friday, fixed June 26 for ruling on an application by the EFCC to “cross examine” its 3rd prosecution witness (PW-3) in the trial of former Gov. Yahaya Bello of Kogi. Justice Emeka Nwite adjourned the matter after listening to the submissions byContinue Reading
