The News Agency of Nigeria reports that the total sum in question is about N1.5 billion.
Browsing: Money laundering
A bank official and witness told the court how N250 million was transferred into an ex-minister’s account from a company.
The CBN Governor, Godwin Emefiele, gave the assurance at the opening of the Regional Course on: “Combatting Money Laundering and other Financial Crimes,” on Monday in Abuja.
In response, defence counsel, Bolaji Onilenla and Adeyinka Olumide-Fusika, informed the court of their clients’ bail applications.
Onilenla, representing Ladoja, urged the court to allow his client to continue on the bail conditions earlier granted him in 2008 by Justice A.R. Mohammed.
The Economic and Financial Crimes Commission had on October 31 preferred a 34-count charge of money laundering against Kalu and his former Commissioner for Finance, Ude Udeogo
Justice Mohammed Idris on Thursday adjourned the case for continuation on November 21 and December 2 following the absence of the counsel to Dudafa, Gboyega Oyewole, who was said to be ill
The News Agency of Nigeria reports that Enyinnaya on Tuesday broke down in tears after the court refused to admit her to bail
The accused persons between January 2007 and December 2009 allegedly conspired and fraudulently laundered state funds to the tune of N8 billion, an offence contrary to Section 14(1)(a) of the Money Laundering (Prohibition) Act 2004 and punishable under section 14(1) of the same Act
Ohakim is being prosecuted by the Economic and Financial Crimes Commission for allegedly making a cash payment of $2.290 million for a piece of land at Plot No. 1098 Cadastral Zone A04, Asokoro District, otherwise known as No. 60, Kwame Nkuruma Street, Asokoro, Abuja
The commission had invited Oloko to explain the whereabouts of N128.8 million she received from the Ministry of Finance and the purpose of the money
Aminu was arrested on December 11, 2012 by operatives of the EFCC at the Mallam Aminu Kano International Airport on his way to Egypt for failure to declare $40,000 in the Customs Currency Declaration Form after initially declaring the statutory $10,000 to the Nigeria Customs Service
A former Chairman of the Economic and Financial Crime Commission, Nuhu Ribadu, on Wednesday said Nigeria was not maximising its…
Former State Bayelsa Governor, Timipre Sylva, on Thursday prayed an Abuja Federal High Court to quash 50 fresh charges filed…
Justice Mohammed Yinusa of the Federal High Court, Lagos on Tuesday convicted four companies associated with a former Governor of…
Fani-Kayode, whose trial began in 2008 before Justice Ramat Mohammed, was arraigned by the EFCC to have laundered about N100 million while he was the Minister of Culture and Tourism and subsequently, Aviation Minister
The News Agency of Nigeria recalls that on June 2014, shortly before Nyako’s impeachment, the EFCC froze the bank account belonging to the Adamawa State Government
FIFA faces more embarrassment after a member of its financial watchdog was arrested on suspicion of corruption and money-laundering in the Cayman Islands.
The unanimous decision of the court setting aside the ruling of Justice Awokulehin was delivered by Justice Ibrahim Saulawa and supported by Justices P. M. Ekpe and H. A. Barka
When the case came up on Friday, it could not go on due to the absence of the prosecutor, Chief Godwin Obla, SAN.
Obla was said to be away on an official assignment
The witness gave the testimony at the resumed hearing of a suit against Fani-Kayode, who is on trial for money laundering by the Economic and Financial Crimes Commission