N6.9bn fraud: EFCC declares its witness ‘hostile’ in Fayose’s trial

The Economic and Financial Crimes Commission (EFCC) today, before a Federal High Court, Lagos, declared its witness in the ongoing trial of the immediate past Governor of Ekiti State, Mr. Peter Ayodele Fayose, as an ‘Hostile witness’. The EFCC declared its witness, Mr. Adewale Aladegbola, ‘hostile’ when he contradicted his extrajudicial statement to the EFCC. The witness had told the court that nothing happened on the June 16, 2014 and that the two vehicles he used to drive were grounded that day. The witness, Aladegbola, a former driver to Zenith…

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AGF urges Court to dismiss MTN’s suit over tax assessments

The Attorney-General of the Federation (AGF), today, asked a Federal High Court, Lagos, to dismiss a suit by MTN Nigeria Communication Limited, challenging a N242 billion and $1.2 billion import duties and withholding tax assessments. In urging the court to dismiss MTN’s suit, AGF’s counsel, T. A. Gazali, said the suit is statute barred. Gazali said this while arguing his notice of preliminary objection challenging the court’s jurisdiction to entertain the case. MTN had instituted the suit by a writ, dated September 10, 2018, challenging the legality of the AGF’s…

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EFCC urges Court to dismiss Aiteo, others’ $300m fraud fundamental rights suit

The Economic and Financial Crimes Commission (EFCC) has urged the Federal High Court, Lagos, to dismiss a fundamental rights suit filed against it by Aiteo Energy Resources Limited and its directors. The anti-graft agency is accusing Aiteo Energy Resources Limited and its directors of stealing $300million in connivance with former Petroleum Minister, Mrs.Diezani Alison-Madueke. The suit which was heard today, and adjourned till September 27, for judgment. Aiteo Energy Resources Limited, an oil and gas operator had dragged EFCC, one of its investigators, Iliyasu Kwabi and the Attorney-General of the…

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