Yahaya Bello’s wife and nephew have been arrested by the EFCC. The EFCC revealed that they were locked up on account of money Laundering and criminal misappropriation. According to reports, Rashida is not currently in custody. EKO HOT BLOG reports that the Economic and Financial Crimes Commission (EFCC) has arraigned Rashida, wife of Yahaya Bello, … Read more
Doyin Okupe has resigned as the director-general of the Obi-Datti campaign. Eko Hot Blog reports that Doyin Okupe has stepped down from his position as the director-general of the Labour Party presidential campaign council. EDITOR’S PICKS Court Halts DSS Move To Arrest Emefiele Over Alleged Terror Link Greater Lagos Fiesta 2022 Gets Dates, Venues How … Read more
The trial of Ayodele Fayose, a former governor of Ekiti, for suspected money laundering could not continue on Wednesday before a Federal High Court in Lagos due to a date confusion. Eko Hot Blog reports that because of the aforementioned date-related error, the case, which was originally scheduled for the continuation of trial, could not … Read more
EFCC has arraigned an ex-attorney general over alleged money laundering. EKO HOT BLOG reports that a former Lagos State Attorney General and Commissioner for Justice, Olasupo Shasore (SAN), is set to go for trial over alleged cases of money laundering. The Nigerian government through the Economic and Financial Crimes Commission (EFCC) filed a case against … Read more
Buhari has signed bills on electoral act, money laundering, terrorism EKO HOT BLOG reports that President Muhammadu Buhari has given assent to some major bills. EDITOR’S PICK JUST IN: NLC Petitions Buhari, Demands Immediate Investigation Of State Govs BREAKING: Prominent APC Senatorial Candidate Dies At Abuja (PHOTO) BREAKING: High Court Proscribes Curfew For … Read more
Mompha had been accused of using his firm, a Bureau de Change as a pipeline for funnelling illegal funds for Internet fraudsters… EKO HOT BLOG reports that the Economic and Financial Crimes Commission (EFCC) has arraigned internet celebrity, Ismaila Mustapha, popularly known as Mompha, and his firm, Ismalob Global Investment Limited on fresh charges. They … Read more
Maina was also found guilty of concealing his true identity as a signatory to accounts opened in two banks… EKO HOT BLOG reports that a Federal High Court in Abuja has sentenced Abdulrasheed Maina, the former chairman of the now-defunct Pension Reformed Task Team to eight years imprisonment. Maina was convicted after he was found … Read more
…Justice Okon Abang found Maina guilty of concealing his true identity as a signatory to accounts opened in two bank… EKO HOT BLOG reports that the former chairman of the now-defunct Pension Reformed Task Team, Abdulrasheed Maina, has been found guilty of money laundering. Justice Okon Abang of the Federal High Court is currently reading … Read more
…rumour has it that he had been invited for questioning at the EFCC headquarters in relation to alleged money laundering and tax fraud. EKO HOT BLOG reports that Businessman, Obinna Iyiegbu, better known as Obi Cubana, has reportedly regained his freedom 24 hours after he was arrested in Abuja by the Economic and Financial Crimes … Read more
…Obi Cubana made headlines and trended on social media following a lavish burial ceremony for his late mother EKO EHOT BLOG reports that the Economic and Financial Crimes Commission (EFCC) has arrested a socialite Obinna Iyiegbu, better known as Obi Cubana. Obi Cubana is being questioned at the commission’s headquarters in Abuja. He arrived at … Read more
They were all collectively accused of participating in one or both of a money laundering conspiracy and bank fraud conspiracy… Eleven Nigerians were indicted by US Justice Department Wednesday with conspiracy to commit money laundering, conspiracy to commit bank fraud, and aggravated identity theft. Damian Williams, the United States Attorney for the Southern District of … Read more
The court also ordered that Faisal returns to the Federal Government, the sum of ₦58.1m… Faisal Maina, son of the former chairman of the now-defunct Pension Reformed Task Team, Abdulrasheed Maina has been sentenced to 14 years imprisonment. Justice Okon Abang of the Federal High Court in Abuja gave the judgement on Thursday in … Read more
He said their recent arrest on Adetokunbo Ademola Street, Victoria Island area of the state followed credible Intel about their alleged involvement in romance scam… The Economic and Financial Crimes Commission (EFCC) has arrested two nightclub owners for alleged internet fraud in Lagos State. The suspects – Boniface Odenigbo Amandianeze and Olasunmbo Olawale Winfunke – … Read more
…the agency has been working on a number of proactive strategies including a special control unit against money laundering, established particularly to address non-designated financial institutions… Chairman of the Economic and Financial Crimes Commission (EFCC) Abdularasheed Bawa has said former Abia State governor, Orji Uzor Kalu will be prosecuted by the agency all over again. … Read more
A Federal High Court in Abuja has revoked the bail granted the son of ex-Chairman of the Pension Reform Tasks Team (PRTT), Abdulrasheed Maina, Faisal and ordered his arrest. Faisal is being tried for money laundering related offence by the Economic and Financial Crimes Commission (EFCC) before the court. Ruling on Tuesday, Justice Okon Abang … Read more
The Acting Chairman of the Economic and Financial Crimes Commission, EFCC, Ibrahim Magu, has decried the refusal of the United Kingdom (UK), to extradite former Minister of Petroleum Resources, Diezani Allison-Madueke, to face trial for alleged money laundering in Nigeria. Magu stated this on Monday, January 20, 2020, while receiving the “Institution of the Decade” … Read more
……..I Am Ready To Prove My Innocence In US Courts The Chairman of Air Peace, Chief Onyema Allen The Chairman/CEO of Air Peace, Allen Onyema has refuted the allegations of money laundering and fraud leveled against him by US authorities. Ekohotblog earlier reported that the US Department of Justice had alleged that Onyema illegally moved … Read more
Three Nigerian siblings who were working directly for the leader of the Nigerian Black Axe gang, Augustus Bemigho-Eyeoyibo, have been jailed for a total of 16 years after laundering nearly £1m to him in Nigeria through UK bank accounts. Crown Prosecution Service reported on its website that Okemiorukaye Nakpodia, 56, was found guilty of conspiracy … Read more
A Malaysia based Nigerian man, Okoroji Stanley Chinonso, arrested over his involvement in organised crime in December 2018 has been arraigned before a Federal High Court, Abuja for allegedly laundering N58 million. He was arraigned by the Economic and Financial Crimes Commission (EFCC) on a three-count bordering on money laundering. Okoroji’s journey to the dock … Read more
Former Super Eagles captain, Austin “Jay Jay” Okocha, was on Friday arraigned in a Scotland court based in Aberdeen on money laundering charges. The 45-year-old made no plea when he appeared in private at Aberdeen Sheriff Court on two charges in the closed-door hearing, with Okocha reportedly arriving in court dressed in white trainers, black … Read more