Eko Hot Blog reports that the Economic and Financial Crimes Commission (EFCC) has successfully recovered N7.8 million, constituting part of the stolen funds from the Benue Investment and Property Company Limited (BIPC). The Managing Director and Chief Executive Officer of BIPC, Dr. Raymond Asemakaha Jr., revealed this information during a meeting held on Tuesday at … Read more
Eko Hot Blog reports that in a stern warning to local government chairmen in Benue State, Governor Hyacinth Alia has put them on notice, cautioning against financial misappropriation and urging them to prioritize the welfare of their constituents. Editor’s Pick: FG Begins New Expatriate Job Policy, Violators Risk N3m Fine Price Of Block In Nigeria … Read more
Eko Hot Blog reports that the Federal Government has confirmed the escape of Binance executive, Nadeem Anjarwalla, from its custody. The Head of Strategic Communication in the Office of the National Security Adviser (ONSA), Zakari Mijinyawa, made this known in a statement on Monday. Editor’s Picks BREAKING: Detained Binance Executive ‘Escapes’ From DSS Custody BREAKING: … Read more
Eko Hot Blog reports that the federal government has filed a criminal charge against Binance, a popular cryptocurrency platform, for “tax evasion”. According to The Cable, the charge was filed before the federal high court in Abuja on March 25 by the Federal Inland Revenue Service (FIRS), according to a statement on Monday. Editor’s Picks … Read more
Eko Hot Blog reports that the Nigerian Senate has disclosed plans to summon former Central Bank of Nigeria (CBN) Governor, Godwin Emefiele, regarding the N30 trillion ‘Ways and Means’ advances issued during President Muhammadu Buhari’s administration. This decision comes in the wake of inadequate explanations from the current CBN leadership regarding the transactions. Editor’s Picks … Read more
Eko Hot Blog reports that the Federal High Court sitting in Ikoyi, Lagos State, has sentenced one Bose Lateef to serve one month in prison for an offence bordering on money racketeering. The Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) secured the conviction on Friday, March 15, 2024. EDITOR’S PICKS How … Read more
EKO HOT BLOG reports that the Kogi State Government has leveled accusations against the Economic and Financial Crimes Commission (EFCC), alleging a targeted persecution of the immediate past governor, Yahaya Bello. In a statement issued on Friday by the state Commissioner for Information, Kingsley Fanwo, the government contended that the purported witch-hunt was instigated by certain … Read more
Eko Hot Blog reports that the Economic and Financial Crimes Commission (EFCC) on Thursday, March 14, 2024, has dragged former Kogi State governor, Yahaya Bello before Justice James Omotosho of the Federal High Court, Maitama, Abuja for alleged N84billion money laundering offences, alongside his nephew Ali Bello, Dauda Sulaiman and Abdulsalam Hudu. The EFCC is … Read more
Eko Hot Blog reports that the Economic and Financial Crimes Commission (EFCC) has given details of how immediate past Anambra Governor Willie Obiano allegedly laundered about N4bn from the security votes account, using state officials. The EFCC said it was about to conclude its full investigation of Obiano’s tenure from 2014 to 2022 outside his … Read more
Eko Hot Blog reports that operatives of the Lagos Zonal Command of the Economic and Financial Crimes Commission (EFCC) have arrested 45 suspected internet fraudsters. The commission disclosed the development in a statement posted on X on Wednesday. It said the suspects were arrested on Monday, March 11, 2024 at Ikorodu, Lagos, following intelligence on … Read more
EKO HOT BLOG reports that the Peoples Democratic Party (PDP) on Wednesday, called for Senate President Senator Godswill Akpabio to promptly step aside and facilitate an independent investigation into allegations regarding the discreet insertion of a significant N3.7 trillion into the 2024 budget for purported non-existent projects. In a statement issued by the national publicity secretary … Read more
Eko Hot Blog reports that the Economic and Financial Crimes Commission (EFCC) has presented additional evidence against MICAD Project City Services Limited and James Nolan, a Director of Process and Industrial Development Limited, before Justice Nora Egwuatu of the Federal High Court in Abuja. This development was announced by the Head of Media and Publicity … Read more
Eko Hot Blog reports that the Economic and Financial Crimes Commission, EFCC, has told Justice Oyindamola Ogala of the Lagos High Court sitting in Ikeja that the Chairman of Ibeto Energy Development Company, Cletus Ibeto, has paid back N1.5 billion in two tranches in respect of the N4.8 billion fraud allegations for which he was … Read more
Eko hot blog reports that No More Fake Alerts,” Declares EFCC Amidst Arrests. In a crackdown on fraudulent activities, the Maiduguri Zonal Command of the Economic and Financial Crimes Commission (EFCC) has nabbed four suspects for orchestrating a credit alert scam in Borno State. Editor’s Picks: BREAKING: Gas Explosion Rocks Ogun Steel Company Nigeria’s … Read more
Eko Hot Blog reports that Pelumi Olajengbesi, a human rights lawyer, has called on the Economic and Financial Crimes Commission (EFCC) to investigate all individuals who held cabinet positions or were appointed during President Muhammadu Buhari’s administration. Editor’s Pick 300,000 Bags Of Rice And More To Ease Hardships – NEDC’s Big Move Repayment Of Student … Read more
Eko Hot Blog reports that three individuals were convicted and sentenced to different prison terms by the Federal High Court in Ilorin, Kwara State, on Tuesday. They were found guilty of participating in naira racketeering, selling the currency for personal gains. Editor’s Pick Nigerians Grapple With Skyrocketing Prices, Struggle For Survival NCDMB, NAPTIN Join Forces … Read more
EKO HOT BLOG reports that the Economic and Financial Crimes Commission (EFCC) has announced the arrest of twenty-one food trucks destined for neighbouring nations. The anti-graft agency confirmed the interception in an official statement released on Tuesday via its X handle. According to the EFCC, the goods were en route to N’djamena, Chad Republic, Central African … Read more
Eko Hot Blog reports that the Federal Government has slammed a $10 billion fine on the cryptocurrency trading platform Binance over its role in the free fall of the naira. This was made known by the Special Adviser to the President On Information and Strategy, Bayo Onanuga, in an interview with the BBC on Friday … Read more
EKO HOT BLOG reports that Former Minister of Power and Steel during ex-President Olusegun Obasanjo’s tenure, Olu Agunloye, has taken legal recourse by filing a N1 billion lawsuit against the Economic and Financial Crimes Commission (EFCC). This online media platform reports that the lawsuit is centred around allegations that the EFCC included his name on its … Read more
EKO HOT BLOG reports that some senior officials of the Nigerian Customs Service (NCS) have been allegedly enmeshed in a multi-billion naira corruption scandal. At least 40 senior Customs officers have been indicted in a robust investigation by the Economic and Financial Crimes Commission (EFCC) into the proceeds of bribes paid to customs officials by smugglers. … Read more