Flowerbudnews The Federal High Court in Abuja on Thursday, gave the Economic and Financial Crimes Commission (EFCC) the go-ahead to arrest and detain six promoters of Crypto Bridge Exchange (CBEX) over alleged investment fraud to the tune of over one billion dollars. Justice Emeka Nwite, who gave the orderContinue Reading
Flowerbudnews A former Minister of Power, Saleh Mamman on Thursday, told the Federal High Court in Abuja that the only transaction he had with Mustapha Bida, the account manager, Mambila Zungeru Project, was on his plan to buy a house at Kado in Abuja. The Economic and Financial CrimesContinue Reading
The Federal High Court in Abuja will on May 28, hear the Economic and Financial Crimes Commission (EFCC)’s motion seeking an order for final forfeiture of N228.4 million linked to former Governor of Abia, Theodore Orji. Justice Emeka Nwite adjourned the matter to hear the motion after the EFCC’sContinue Reading
By Biola Lawal Flowerbudnews: The Economic and Financial Crimes Commission, (EFCC), has arraigned former Abia State Governor, Theodore Ahamefule Orji, Engr. Chinedum Orji, Dr. Philip Nto, Onwumene King Obioma and Romanus K. Madu over alleged N60.85 billion naira Fraud They were arraigned on Friday before Justice Lilian Abai of theContinue Reading
The operatives of the Economic and Financial Crimes Commission (EFCC), on Tuesday attempted to arrest Mr Chinenye Duru, a Polaris Bank staff, in a Federal High Court in Abuja, in spite of a court order stopping the arrest. The development came shortly after Justice Inyang Ekwo adjourned an allegedContinue Reading
By Biola Lawal The Economic and Financial Crimes Commission, EFCC has presented its first round of witnesses in the trial of former Kogi State Governor, Yahaya Bello, before Justice Emeka Nwite of the Federal High Court in Abuja. Also presented in the Court on Monday, was the statement ofContinue Reading
By Biola Lawal Flowerbudnews: The Economic and Financial Crimes Commission, (EFCC), has arraigned 17 Chinese and a company, Genting International Co. Ltd for fraud before Justice Musa Kakaki and Justice Daniel Osiagor, both of the Federal High Court, in Ikoyi, Lagos. They are: Mao Bu Yi, Li Xiang Long, DaiContinue Reading
By Majeed Ishola Abuja (FLOWERBUDNEWS): The Federal Capital Territory Internal Revenue Service (FCT-IRS) has sought collaboration with the Economic and Financial Crimes Commission (EFCC) to enhance tax compliance in the FCT. The Acting Executive Chairman of the Service, Mr Michael Ango made the request during a courtesy visit toContinue Reading
A Federal High Court in Abuja has faulted the Economic and Financial Crimes Commission (EFCC) for obtaining a freezing order against Micoz Bluelink Enterprise’s $163,592 U. S. dollars domiciled in United Bank for Africa (UBA) without concrete evidence. Justice Emeka Nwite, in a ruling, held that the EFCC hadContinue Reading
