The Economic and Financial Crimes Commission, EFCC, has arrested twenty suspected internet fraudsters. The arrest which was carried out in a joint operation with officers of the 4 Brigade of the Nigerian Army, Benin, followed intelligence report on their activities. They were nabbed in a surprise raid on their Cyber office tucked in an old building located on Siluko Road, Benin City.
The Economic and Financial Crimes Commission, EFCC, had concluded plan to round off the N25billion theft case instituted against a former managing director of Bank PHB (now Keystone Bank), Mr. Francis Atuche and two others, Elizabeth Atuche and Ugo Anyanwu but for the recall of two witnesses by the court at its last sitting.
The Economic and Financial Crimes Commission on Wednesday, January 30, 2013 arraigned the quartet of Edet Esim, Idowu Abiodun Olufela, Al- Qassim Counsel Baiye and their company, Trim Multipurpose Cooperative Society before Justice A. R. Mohammed of the Federal High Court, Abuja for allegedly operating banking business without a valid banking license issued by the Central Bank of Nigeria.