The Economic and Financial Crimes Commission (EFCC) has restricted former Delta State Governor Dr. Ifeanyi Okowa from leaving the country, seizing his passport as part of his bail conditions. Okowa was reportedly detained by the EFCC last week over allegations of diverting N1.3 trillion in public funds and was granted administrative bail on Sunday. The … Read more
The Economic and Financial Crimes Commission (EFCC) has arrested Timber Kesiye Wabote, former Executive Secretary of the Nigerian Content Development and Monitoring Board (NCDMB), over allegations of misappropriating $35 million linked to the stalled Brass Project in Bayelsa State. The investigation links Wabote to a misuse of public funds intended for a large-scale refinery and … Read more
Former Governor of Kaduna State, Nasir El-Rufai, has once again rejected allegations of embezzling state funds during his eight-year tenure. The Kaduna State House of Assembly recently indicted El-Rufai’s administration for allegedly misappropriating over ₦423 billion. In response to the accusations, El-Rufai and his allies assert that they are victims of a witch hunt orchestrated … Read more
The Labour Party’s National Working Committee (NWC), led by Julius Abure, has urged the National Security Adviser and the Economic and Financial Crimes Commission (EFCC) to investigate Aisha Yesufu, Pastor Itua Ighodalo, Peter Obi, the party’s 2023 presidential candidate, and key Afenifere leaders for alleged misappropriation of campaign funds from the 2023 presidential election. EDITOR’S … Read more
A former National Treasurer of the Labour Party, Oluchi Opara, has accused the factional chairman of the party, Julius Abure, of forging the late chairman’s signature and misappropriating party funds. EKO HOT BLOG notes that Opara claimed Abure transferred money to accounts belonging to his wife, siblings, staff, and his personal company. Opara stated that … Read more
The House of Representatives will investigate the alleged misappropriation of over ₦2 trillion disbursed by the Central Bank of Nigeria through the Anchor Borrowers Scheme under former President Buhari, amid concerns of food scarcity and mismanagement. EKO HOT BLOG reports that the House of Representatives has vowed to investigate the alleged misappropriation of over ₦2 trillion … Read more
EFCC initiates full-scale probe into alleged fraud involving El-Rufai. Task force reviews findings of Kaduna Assembly’s Ad-Hoc Committee, implicating El-Rufai in N423 billion misappropriation. El-Rufai and associates to be summoned for questioning, including former Finance commissioners, accountant generals, and KADIRS chairpersons. EKO HOT BLOG reports that the Economic and Financial Crimes Commission (EFCC) is gearing up … Read more
EFCC initiates investigation into former Abia State Governor Okezie Ikpeazu’s tenure Probe follows findings from forensic audit commissioned by current Governor Alex Otti Investigation covers allegations of fund misappropriation, procurement law violations, and diversion of funds for non-existent projects EKO HOT BLOG reports the Economic and Financial Crimes Commission (EFCC) has initiated an investigation into the … Read more
58 Ex-Governors Under Investigation For N2.187 Trillion Misappropriation. Corruption spans 25 years, implicating governors from all zones. Only four convictions amid prosecution challenges. EKO HOT BLOG reports that the Economic and Financial Crimes Commission (EFCC) has disclosed ongoing investigations and prosecutions involving 58 former governors across Nigeria, accused of misappropriating a staggering sum of N2.187 trillion … Read more
EKO HOT BLOG reports that the suspended Chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has been in the custody of the Department of State Services (DSS) for 67 days, refusing to cooperate with investigators probing him for alleged financial impropriety. Bawa according to Punch, has refused to cooperate with investigators from … Read more
An associate pastor of the Living Faith Church has been arraigned for allegedly defrauding Landmark University of N19.3 million. The charges allege that the pastor abused his position as the university’s attorney to cheat and defraud his client. The pastor pleaded not guilty to the charges and was released on bail in the sum of … Read more
Misappropriation, Yemi Osinbajo Vice President Yemi Osinbajo says audit process in Ministries, Departments and Agencies (MDAs) is a critical strategy in curbing misappropriation of public fund. Osinbajo expressed this view at the Virtual Workshop of the Office of the Auditor-General of the Federation on Monday. Read Also: 2023: Group Mobilises Support For Orji Kalu The … Read more