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
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
