Udom Idongesit, a prosecution witness in the case of an alleged N1.4 billion money laundering involving Paul Usoro, President, Nigerian Bar Association, NBA, on Wednesday, December 4, 2019, told Justice Rilwan Aikawa of the Federal High Court sitting in Ikoyi, Lagos how a sum of N700 million was paid into Usoro’s account on the instruction of Linus Nkan, a former Accountant-General, Akwa Ibom State.
Operatives of the Economic and Financial Crimes Commission, EFCC, Ibadan zonal office, on Wednesday, December 4, 2019 busted a Lagos hotel believed to be a hideout for internet fraudsters.
Justice A.O. Musa of the Federal Capital Territory (FCT) High Court, Bwari, on Tuesday, December 3, 2019 convicted five Abuja-based internet fraudsters to different jail terms. They were prosecuted by Abuja Zonal Office of the Economic and Financial Crimes Commission (EFCC).
Justice Achibong Achibong of the Akwa Ibom State High Court, Uyo, on Tuesday, December 3, 2019, convicted and sentenced ThankGod Nwabuwe to one year imprisonment on a two-count charge of obtaining money by false pretence, preferred against him by the Economic and Financial Crimes Commission EFCC, Uyo Zonal Office with N50,000 option of fine on each count.
Prosecution witness (PW16) Mr Salami Kareem Adesoka, in trial of the former Head of the Civil Service of the Federation, HoS, Mr. Steve Oronsanye, on Wednesday, December 4, 2019, narrated before Justice Inyang Ekwo of the Federal High Court, Abuja, how in 2015, he was instructed by the then permanent secretary in the Office of the HoS to submit business account names. He disclosed he submitted two: Obanlado Nigeria Limited and Fatitek Ventures, belonging to his friends and they got credit alerts afterwards in huge sums of money but was later asked by the permanent secretary to deliver the monies to his office in cash and was paid a commission of over N500, 000; likewise the account owners for the transactions.
The Economic and Financial Crimes Commission (EFCC), on Monday, December 2, 2019 arraigned one Ibrahim Suleiman, 34, before Justice Darius Khobo of the Kaduna State High Court, Kaduna.
A Federal High Court sitting in Ikoyi, Lagos on Monday, December 2, 2019 ordered the forfeiture of the Ilorin residence of the immediate past Senate President, Dr Bukola Saraki, on an interim basis.
The Economic and Financial Crimes Commission (EFCC) on Monday, December 2, 2019 arraigned one Sadiq Mustapha, a 33-year-old businessman before Justice Mallong Peter of the Federal High Court, Kaduna.
A prosecution witness, Peter Ademola Adegoke, a Compliance Officer with a new generation bank on Friday, November 29, 2019, told Justice Abdullai M. Liman of the Federal High Court sitting in Ikoyi, Lagos how the sum of N18bn was paid into the account of a company, Ismalob Global Investments, belonging to Ismaila Mustapha, also known as Mompha.
The Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, has charged religious leaders in the country to direct their messages more on the need for Nigerians to embrace integrity and hard work, noting that such messages are necessary to catalyze Nigerians towards playing positive roles in national development.