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EFCC set to seize Fayose’s N1.35bn properties

The Economic and Financial Crimes Commission has commenced moves to seize some properties linked to Governor Ayodele Fayose of Ekiti State, Punch reports. According to the EFCC, houses to be seized are four duplexes on Victoria Island in Lagos State and one located at 44 Osun Crescent, Maitama, Abuja. A reliable source...

Breakdown of how Fayose received, spent funds received through Obanikoro – EFCC

The Economic and Financial Crimes Commission (EFCC), has released details of how funds from the Office of the former National Security Adviser, Colonel Sambo Dasuki (rtd), were spent by the Ekiti State Governor, Ayo Fayose. The money released through a former Minister of State for Defence, Musiliu Obanikoro, was traced...

EFCC arrests wanted Osun ex-deputy gov, Omisore

The Economic and Financial Crimes Commission has arrested a former Deputy Governor of Osun State, Senator Iyiola Omisore, who was declared wanted about a month ago. It was learnt that Omisore was arrested at his Abuja home located at 1 Kainji Crescent, Off Lake Chad Street, Maitama, by a team...

EFCC arrests Fayose’s ‘best friend’ over N4.7bn fraud

The Economic and Financial Crimes Commission has arrested a man, whom it described as the best friend of Governor Ayodele Fayose of Ekiti State. The suspect, Mr. Abiodun Agbele, it was learnt, allegedly helped Fayose to handle over N1.219bn during the Ekiti State governorship election in 2014. The money was said...

Why we froze Fayose’s account– EFCC

On June 20, the Economic and Financial Crimes Commission (EFCC) froze the personal account of Governor Ayodele Fayose of Ekiti state. The commission stated that it was investigating suspicious movements in Governor Ayodele Fayose’s account. The EFCC further stated that Governor Ayo Fayose’s claim that he cannot be investigated because of...

EFCC freezes Fayose’s personal accounts

The Economic and Financial Crimes Commission(EFCC) has frozen the personal account of Governor Ayodele Fayose of Ekiti state. Governor Fayose, whilst speaking at the premises of Zenith Bank, Ado-Ekiti, where he had his personal account, claimed that he had been hinted of the plans by the Presidency to freeze his...

EFCC says looters no longer keep money in banks

Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, on Friday revealed that due to the current anti-corruption crusade, looters no longer save money in banks but in their abandoned property. Speaking at a workshop titled, the “Role of Professionals in the Fight Against Corruption” in Abuja, the...

$115M election bribe: EFCC interrogates Sheriff for 7 hours

The factional leader of the Peoples Democratic Party, Ali Modu Sheriff, was questioned for at least 7 hours by operatives of the Economic and Financial Crimes Commission on Wednesday in relation to the $155 million election bribe allegedly received from the former minister of petroleum Diezani Alison-Madueke. Sheriff, who arrived at...

Obanikoro reacts to EFCC’s raid  

Following the raid on two properties belonging to the former Minister of State for Defence, Musiliu Obanikoro, by the Economic and Financial Crimes Commission which led to the seizure of cars, watches and other valuables, the former minister has reacted to the recent development. Obanikoro who is currently out of...

EFCC raids Obanikoro’s home, freezes Tompolo’s N3bn account

Operatives of the Economic and Financial Crimes Commission on Tuesday stormed the Ikoyi, Lagos home of a former Minister of State for Defence, Senator Musiliu Obanikoro. The operatives seized some vital documents, vehicles and other valuables. Sources in the anti-graft agency told one of our correspondents that the raid was connected...

We have legally frozen N126 billion in 120 bank accounts – EFCC

The Economic and Financial Crimes Commission (EFCC) on Monday announced that it has frozen over N126 billion in more than 120 bank accounts as it continues investigations into sundry alleged acts of corruption. The anti-graft agency further defended its action, stating that the EFCC was legally empowered to issue the...

EFCC seizes $18m house, $2m furnishings, jewelries from Diezani [PHOTOS, VIDEO]

The Economic and Financial Crimes Commission, EFCC, says its fight against corruption has led to the recovery of a house allegedly owned by former Minister of Petroleum Resources, Diezani Alison-Madueke. The house is located in Asokoro area of the FCT, Abuja and is reported to be worth $18 million with...

EFCC Freezes Ibe Kachikwu’s Brother’s Account

The EFCC is currently on the trail of Dumebi Kachikwu, the younger brother of Minister of State for Petroleum, Ibe Kachikwu. The reason for the EFCC’s interest in Dumebi Kachikwu is unknown. It has also been confirmed that the EFCC has frozen Dumebi Kachikwu’s accounts, according to Sahara Reporters. The EFCC has,...

EFCC exposed Saraki’s London property worth N375m

The Economic and Financial Crimes Commission, EFCC, in continuation of its prosecution against the Senate President, Dr. Bukola Saraki, before the Code of Conduct Tribunal, has uncovered a property in London owned by Saraki. The first prosecuting witness in the the trial and a detective of EFCC, Mr. Michael Wetkas,...

EFCC seizes Fani-Kayode’s passport, detains ex-gov Yero

The Economic and Financial Crimes Commission has seized the passport belonging to a former Minister of Aviation, Chief Femi Fani-Kayode, Punch reports. The former minister, who served as the Director of Publicity of the Goodluck Jonathan during the 2015 presidential election, was arrested on Monday last week for receiving N840m. The...

Buhari will release names of looters May 29th

President Muhammadu Buhari says that a comprehensive list of looters of public fund would be released come May 29, the day to celebrate Nigeria's Democracy Day and exactly one calendar year he resumed office. Mr. Buhari made the statement while in London for Anti-Corruption Summit while addressing journalists on the sideline...

EFCC invades home of Fani-Kayode’s house, arrests domestic worker

The anti-graft agency, the Economic and Financial Crimes Commission stormed the Abuja home of Chief Femi Fani-Kayode, the former Aviation Minister on Thursday and arrested a domestic servant. According to report from Punch, the operatives of EFCC could not gain access to the main building, located at 5 Zuma Close,...

Lamorde sues Senate, Police, DSS

Ibrahim Lamode, the former chairman of the Economic and Financial Crimes Commission, EFCC, on Thursday sued the Senate at the Federal High Court sitting in Abuja for inviting him to appear  before it and give account of his stewardship as the head of the anti-graft agency. According to the suit...

Suswan: Former Bunue gov. granted bail over N3.1 alleged fraud

Former Benue State governor, Gabriel Suswan and his former commissioner of finance has been granted bail by the Federal High Court sitting in Abuja. The stand trail of alleged financial mismanagement of over N3.1 billion belonging to Benue State. Both were granted bailed on condition of sum of N100 million...

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