The Economic and Financial Crimes Commission, EFCC and the Western Australia Police are to work together to combat internet fraud and money laundering. This is contained in the Memorandum of Understanding, MoU that was signed today by the parties under the sponsorship of the Commonwealth Secretariat.
Justice Oluwatoyin Ipaye of a Lagos High Court sitting in Ikeja, on Monday, December 16, 2013 postponed a fresh bid by the Economic and Financial Crimes Commission, EFCC, to arraign Mr. Fred Ajudua for an $8.39m scam. Ajudua will now be arraigned on February 12, 2004 on a fresh 13-count charge that borders on conspiracy and obtaining money by false pretence.
The Economic and Financial Crimes Commission, EFCC, on Monday, December 13, 2013 told a Lagos High Court sitting in Ikeja that it had filed an appeal at the Supreme Court against the judgment of the Court of Appeal, Lagos Division striking out the theft charge instituted against a former Managing Director and Chief Executive Officer of FinBank Plc, ( now First City Monument Bank), Mr Okey Nwosu.