Magu had said in recent press interviews that the EFCC had recovered billions of naira, especially from its ongoing investigations into the $2.1billion arms money allegedly diverted by former National Security Adviser, retired Colonel Sambo Dasuki.
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The Economic and Financial Crimes Commission had on February 5 arrested Tarfa and confiscated his two mobile phones and his Mercedez Benz SUV with Registration No. KJA 700 CG on the allegation that Tarfa hid two alleged suspects of economic and financial crimes in his car to prevent their arrest
According to High Chief Isaiah Demehin: “The news report by Sahara Reporters which is also being peddled by several soft sell bloggers that Kabiyesi was arrested by EFCC for Money Laundering is not only laughable and false but also a sacrilege to the traditional stool of our land
The EFCC boss, who spoke while receiving a group of lawyers with progressive inclinations who visited him in Lagos on February 18, commended them for their solidarity
The EFCC listed Tompolo’s assets it intended to seize as his house located at 1, Chief Agbamu Close DDPA Extension Warri (Effurun), Delta State; Mieka Dive Limited; Mieka Dive Training Institute Limited; Global West Vessel Specialist Limited; Muhaabix Global Services Limited; a River Crew Change Boat named MUHA -15; Tompolo Dockyard; Tompolo Yard; Diving School at Kurutie, Escravos River; Tompolo House at Oporaza Town, opposite the Palace; and any other movable and immovable assets belonging to Tompolo
Ibrahim said the outcome of forensic analysis on financial transactions in the Sterling Bank account used for the transaction indicated that the money was not payment for contract executed
Ibrahim Magu, the Chairman of the Economic and Financial Crimes Commission, on Tuesday accused “corrupt’ senior lawyers and journalists of…
Odunayo, a former banker and native of Sagamu in Ogun State, got into trouble after the Commission received a petition from the bank, sometime in 2012, following a complaint by one of its customers that a total of N8,829,650 was not credited into his account after he made a deposit at the bank with their cash officer (Odunayo)
One of such advertisements appeared in Forum Nigeria, with the link: http://forumng.com/ng/forum/279564/nigeria-efcc-recruitment, informing job seekers that “application form is out”, and advising them to contact a GSM number for further information and registration guideline
Badeh, who honoured an invitation by the EFCC to clarify certain grey areas in the ongoing investigations into alleged irregular procurements in the Armed Forces under his watch, told the Commission that as much as he is willing to assist in all facets of the investigation, he personally has nothing to hide
NAN reports that the other aviation agencies are the Federal Airports Authority of Nigeria, the Nigerian Civil Aviation Authority, the Accident Investigation Bureau and the Nigerian Meteorological Agency
While those from foreign lands who gave the bribes have since been punished by their respective governments, the beneficiaries from Nigeria are yet to be fished out and sanctioned.
The EFCC said the move became imperative following two bench warrants issued against Tompolo by a Federal High Court in Lagos, where he has been charged with fraud to the tune of N45.9 billion
Noting that oil theft contributed to the sabotage of the Nigerian economy, he said: “I am aware that part of the mandates of the EFCC is to prosecute any person or group that is involved in any form of economic sabotage.”
While stating the breakdown of the Commission’s budget performance for 2015 and projections for 2016, the acting Chairman of the EFCC, Ibrahim Magu, who thanked the Senate Committee for its continued support, expressed the hope for a cordial relationship between the EFCC and the National Assembly
The Publicity Secretary of the party, Taiwo Olatunbosun, said in a statement on Monday that the alarm became imperative in the face of mind-boggling revelations in the execution of the proposed projects by Fayose, using his business associates as fronts to misappropriate the state’s money like he did during his first term in the moribund poultry project
Moronfoye, while being the Special Adviser to Saraki when he was Governor of Kwara State, allegedly used his position to enrich himself.
Specifically, he allegedly awarded contracts to the tune of N200 million for the renovation of Ijagbo Primary Health Centre and Specialist Hospitals within the state to a company in which he has interest and was the sole signatory to its account
It was gathered on Monday that there were several issues that Badeh had to attend to, hence the long hours spent with his interrogators
Acknowledging the important role of the anti-graft agency in executing President Muhammadu Buhari’s anti-corruption war, Oladele assured EFCC of an effective representation before the appropriation committee
The petition reads: “On October 4th 2006, the Central Bank of Nigeria (CBN), through its Head of Corporate Affairs, Mr. Festus Odoko had disclosed that the CBN had apportioned $7billion out of the nation’s external reserves, which stood at $38.07 billion, as at the end of July, 2006, to 14 global asset managers and their 14 Nigerian banks local partners, to manage. The amount reportedly bequeathed to the asset managers represented 18.39 per cent of the total external reserves and was hitherto kept with foreign banks