The Economic and Financial Crimes Commission (EFCC) has secured the final forfeiture of a vast property located in the Federal Capital Territory (FCT) following a ruling by Judge Jude Onwuegbuzie of the FCT High Court on Monday. EKO HOT BLOG reports that the forfeited property, covering 150,500 square meters and consisting of 753 duplexes and … Read more
The Federal High Court in Lagos has dismissed a fundamental rights suit filed by Okuneye Idris Olanrewaju, also known as Bobrisky, against the Economic and Financial Crimes Commission (EFCC). Bobrisky had sought ₦200 million in damages, alleging that his fundamental rights were violated by the EFCC. However, Justice Alexander Owoeye ruled on Thursday, November 28, … Read more
The Economic and Financial Crimes Commission (EFCC) has dismissed the allegations of naira abuse involving Fauziya Danjuma Goje, the daughter of Senator Danjuma Goje. This follows widespread calls on social media for her prosecution after a video surfaced showing naira notes being sprayed at a wedding in Kano, which was believed to be hers. In … Read more
Jamilu Abdullahi, a Bureau de Change operator and the third prosecution witness in the trial of Ali Bello, testified on Tuesday, November 5, 2024, before Justice Obiora Egwuatu at the Federal High Court in Maitama, Abuja. EKO HOT BLOG reports that Abdullahi confirmed receiving funds from agents of the Kogi State Government, intended to cover … Read more
The Economic and Financial Crimes Commission (EFCC) has clarified the reasons behind its operatives’ visit to Urban Radio 94.5FM in Enugu on Monday, an event that sparked widespread discussion on social media. Dele Oyewale, the EFCC’s Head of Media and Publicity, explained that a team from the Enugu Zonal Directorate, consisting of four officers, went … Read more
The Economic and Financial Crimes Commission (EFCC) has declared Bolaji Akinduro, Executive Chairman of Total Grace Oil and Gas Investment Limited, wanted for alleged fraud. The announcement was made via the anti-graft agency’s official X.com account on Saturday. Akinduro is accused of obtaining money under false pretenses and stealing by conversion. The EFCC’s statement read, … Read more
The Economic and Financial Crimes Commission (EFCC) has arrested former Taraba State Governor, Darius Dickson Ishaku, over his alleged involvement in a N27 billion fraud. EKO HOT BLOG reports that according to sources, Ishaku is facing 15 charges, including criminal breach of trust, misappropriation, and diversion of public funds. His arrest is part of the EFCC’s … Read more
Nigeria and China have reached an agreement to enhance their collaboration on financial intelligence to combat money laundering and other economic crimes within Nigeria. This strategic partnership, announced in a joint statement following a meeting between President Bola Ahmed Tinubu and President Xi Jinping of China, is intended to bolster Nigeria’s efforts to maintain the … Read more
The Economic and Financial Crimes Commission (EFCC) has contributed N50 billion to support the Nigerian Education Loan Fund (NELFUND). EKO HOT BLOG reports that this announcement was made by the anti-corruption agency on Tuesday, August 13, 2024, during a courtesy visit to the EFCC headquarters in Abuja by the Fund’s Managing Director and Chief Executive … Read more
EFCC apprehends 34 individuals for suspected involvement in forex fraud in Abuja. Coordinated sting operation targets currency speculation activities impacting Nigeria’s economy. Arrests underscore EFCC’s commitment to stabilizing and regulating the forex market. EKO HOT BLOG reports that the Economic and Financial Crimes Commission (EFCC) has apprehended 34 individuals suspected of engaging in foreign exchange fraud … Read more
The DSS has denied entry to EFCC operatives at its Lagos office on May 30, 2023. EFCC alleges that the DSS denied their operatives entry and barricaded the entrance with armored personnel carriers, affecting their operations. The incident may have wider implications for the nation’s fight against economic and financial crimes. EKO HOT BLOG reports … Read more