EFCC arraign Ecobank, staff for defrauding Army General of $60,000, N9.2m 

The Economic and Financial Crimes Commission (EFCC), today, arraigned Ecobank Nigeria Plc and one of its employees, Mr Anieka Udoh before a Federal High Court, Lagos, for allegedly defrauding a Major-General in the Nigerian Army, of the sum of $60,000. The victim of the alleged fraud is Major-General Mohammed Umoru. Ecobank and its employee were slammed with on a five count-charge of Advance Fee  Fraud and other fraud related offence,  popularly called 419. The defendants were arraigned before Justice Saliu Saidu. The EFCC in the charged marked FHC/L/55c/19, alleged that…

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EFCC seeks finally forfeiture of N426.7m in Army General’s account

The Economic and Financial Crimes Commission (EFCC), has asked a Federal High Court, Lagos, for the final forfeiture of the total sum of N426.704,820.88, linked to one Brigadier-General John Onimisi Ozigi, to the federal government of Nigeria, for been proceeds of unlawful act. The said sum was said to be hidden in a company, Diamond Head Ventures and Development Company Limited’s accounts with numbers 1010399694 and 4010007344, domiciled in Zenith Bank Plc and Polaris Bank respectively. It would be recalled that the court presided over by Justice Sule Hassan, had…

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N6.9bn Fraud: I was Investigated for financial crimes  -Obanikoro

A former Minister of State for Defence , Senator Musiliu Obanikoro Tuesday, admitted before a Federal High Court in Lagos, that he was investigated by the Economic and Financial Crimes Commission (EFCC) for being privy to illicit transfer of funds. Obanikoro made the statement while giving evidence in the criminal trial of immediate past Governor of Ekiti State, Ayodele Fayose, facing charges of N6.9 billion fraud.  Fayose was arraigned by the Economic and Financial Crimes Commission (EFCC) on October 22, 2018, alongside a company Spotless Investment Limited, on 11 counts.…

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Due Process: Court fixes Mar. 11 for Judgment In criminal case against IoD president, others

A Federal High Court, Lagos, today, fixed March 11, for judgment in a criminal charge filed by the Economic and Financial Crimes Commission (EFCC) against Mr. Samuel Akinyemi Akeju, President of Institute of Directors (IoD), and two others. The court presided over by Justice Ibrahim Nasir Buba, fixed the date for judgment, after the prosecution and counsel to the defendants had argued their final written address. Akeju alongside the Secretary of Nigerian Security Printing and Minting Plc (NSPM), Mrs Abieyuwa Aideyan and a limited liability company, First Grant Nigeria Limited, were…

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Alleged N1.6bn fraud: We follow due process in opening companies’ Accounts linked to Dudafa

A prosecution witness, Ademola Rasak Folorunsho, in the trial of former Senior Special Assistant, to Ex-President Goodluck Jonathan on Domestic Affairs, Emmanuel Waripamo Owei- Dudafa and one other, today told justice Mohammed Idris of the Federal High Court, Lagos, that his bank followed due process in the opening and operations of the accounts of five the companies linked to dudafa in an alleged N1.6bn fraud. Folorunso while answering questions under cross-examination from Mr. Kolawole Salami, who holds the brief of Mr Gboyega Oyewole (SAN) counsel for Dudafa, also told the…

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EFCC arraigns OND holder for posing as lawyer

A 38 year-old, Bada Azeez Ayoola, who has been allegedly parading himself as a lawyer was today, arraigned before a Federal High Court, Lagos, on charges bordering on impersonation, false pretence and giving false statement by the Economic and Financial Crimes Commission (EFCC). Ayoola, a resident of 55, Muyiwa Opaleye Street, Sanya, Surulere, Lagos, was arraigned before Justice Oluremi Oguntoyinbo led-court on the alleged charges. The EFCC in a charge marked FHC/L/172c/18, alleged that defendant while claimed to be a legal practitioner with the name Bada Azeez Ayoola & Co,…

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EFCC arraigns 7 over N148.3m fraud

Six men and a limited liability company, were today, Tuesday October 30 arraigned before a Federal High Court, Lagos, by the Economic and Financial Crimes Commission (EFCC) over alleged N148. 302 million fraud. Those arraigned before Justice Babs Kuewumi by the EFCC on the alleged fraud are : Alimi Haruna, Momouda Mohammed, Shittu Muideen, Akpojaro Amos, Joga Yusuf, Duru Patrick, and Ashmina Oil and Gas Limited. The accused persons were charged before the court on charges bordering on conspiracy, money laundering, unlawfully retaining proceed of illicit act, obtaining huge amount…

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N500m fraud: Ondo PDP chair, other challenge court’s jurisdiction 

The  Chairman of the Peoples’ Democratic Party (PDP) in Ondo State, Mr. Clement Faboyede and Modupe Adetokunboh, the director general of PDP Campaign Organization in Ondo State, during the 2015 general election, today October 26, asked Justice Saliu Saidu of Federal High Court, Lagos, to withdraw from hearing an alleged N500 million fraud suit filed against him by the Economic and Financial Crimes Commission (EFCC). The two accused persons told the court  today, that their calling for the withdrawal of Justice Saidu from hearing the matter was based on court’s jurisdiction.…

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Court freezes oil marketer, Jyde Adelakun, accounts over alleged $5m fraud

A Federal High Court, Lagos, on Wednesday, October 17 ordered that the accounts of a businessman, Jyde Adelakun Aremu Buraimoh, domiciled in Polaris Bank Limited, formerly Skye Bank Plc, be frozen for the period of 60 days, over alleged $4,920.5 million fraud. Also affected in the court order, is the businessman’s company’s accounts also domiciled with the bank. The EFCC had dragged both the businessman and his company, Top Energy Company Limited, before the court on alleged fraud in a suit marked FHC/L/CS/586/18. Justice N. Ayo-Emmanuel, who presided over the court gave…

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3 suspected fraudsters forfeit N88.8m to FG

A Federal High Court, Lagos, Wednesday, October 10, ordered that the total sum of N88, 452, 846. 11 million, belonging to three suspected fraudsters, be temporary forfeited to the federal government of Nigeria. The three suspected fraudsters, listed as defendants in a suit filed before Justice Saliu Saidu, by the Economic and Financial Crimes Commission (EFCC) are: Osanyinbi Oluwaseun Temitope, Olawoye Oluwamuyiwa Abolade, Kaseem Oluwatosin Emmanuel. The said sums are warehoused in First Bank Plc, Guaranty Trust Bank Plc (GTB) and Ecobank Plc. The EFCC in a motion exparte with…

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