On Tuesday, Ola Olukoyede, the Executive Chairman of the Economic and Financial Crimes Commission, urged lawyers nationwide to constantly do background checks on their clients. He clarified that this was being done to make sure they don’t violate any anti-money laundering or counterterrorism financing laws. According to a statement released by the commission’s Head of…
Paul Okoye, a well-known Nigerian artist best known as Rudeboy of the P-Square group, has disclosed his money source following his detention by the Economic and Financial Crime Commission (EFCC). Remember that the anti-graft agency recently detained Rudeboy and his older brother, Jude Okoye? Rudeboy explained that he isn’t a thief in a post on…
The American International School Abuja (AISA) has reportedly reimbursed Yahaya Bello, the former governor of Kogi state, for the tuition his children paid to attend the school, according to the Economic and Financial Crimes Commission (EFCC). As previously reported by LIB, on Tuesday, April 23, Ola Olukoyede, the chairman of the EFCC, disclosed during a…
Ewa Okpo, a constitutional attorney, has referred to the Economic and Financial Crimes Commission’s tactics in their continuing legal battle with Alhaji Yahaya Bello, the former governor of Kogi State, as a “trial by mischief.” The attorney explicitly said that it was improper for the EFCC to try to arrest the former governor in the…
The Chairman of the EFCC, Mr. Ola Olukoyede, was directed by a Kogi High Court in Lokoja on Friday, April 26 to come before the court on May 13 and provide justification for why he should not face an order of committal for allegedly defying a court order. The order was issued by High Court…
Wale Akinterinwa, an All Progressives Congress (APC) candidate for governor of Ondo State, has announced that he will accept the invitation from the Economic and Financial Crimes Commission (EFCC) on Thursday. According to News Men, the anti-graft agency invited Akinterinwa, who ran with fifteen other candidates for the party’s governorship ticket last Saturday, because of…
On Tuesday, Ola Olukoyede, the chairman of the Economic and Financial Crimes Commission (EFCC), announced that in addition to Binance and its system, the Commission has uncovered another, more sinister scam.According to Olukoyede, the EFCC has blocked around 300 accounts in order to protect the foreign currency market. The “P to P” peer-to-peer financial trading…
The EFCC, or Economic and Financial Crimes Commission, has said that it is looking into 11 alleged oil thieves as well as the MT SAISNIL II vessel that the Nigerian Navy has detained. This was verified in a statement released on Saturday by Mr. Dele Oyewole, the Commission’s spokesperson. Oyewole stated that the Nigerian Navy,…
Due to allegations of Naira misuse, controversial musician Habeeb Okikiola, also known as Portable, has claimed that the Economic and Financial Crimes Commission, or EFCC, is going to arrest him.Portable, who is now overseas, stated that when he lands in Nigeria, he will be picked up by agents of the anti-graft agency. The “Zazu” crooner…
In addition to placing 50 bank accounts under investigation in the ongoing investigation of the suspended Minister of Humanitarian Affairs and Poverty Alleviation, Betta Edu, and the former chief executive officer of the now suspended National Social Investment Programme Authority (NSIPA), Halima Shehu, the Economic and Financial Crimes Commission (EFCC) Chairman, Ola Olukoyede, reports that…