Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ibrahim Lamorde, on Monday, 22 October, 2012, decried private sector involvement and connivance in corruption cases and called for higher level of professionalism and ethical comportment by operators of the sector. He made the call in Lagos at the Launch of the 12th Global Fraud Survey of Ernst & Young West Africa.

The absence of Justice C.J Aneke of the Federal High Court sitting in Ikoyi, Lagos on Friday October 19, 2012, stalled the arraignment of Abubakar Sheriff Tijjani, who was intercepted by the Economic and Financial Crimes Commission, EFCC, with $7,049.444 (Seven million, Forty Nine Thousand, Four Hundred and Forty Four United States Dollars) at the Murtala Mohammed International Airport, Lagos on Thursday, 27 September, 2012.

A Lagos State High Court sitting in Ikeja before Justice Habeeb Abiru has closed a case of theft of N47.6billion instituted by the Economic and Financial Crimes Commission, EFCC, against a former managing director of former Intercontinental Bank plc now Access Bank plc, Erasmus Akingbola and his associate, Bayo Dada.

 The Managing Director of Zenith Properties Limited, Maitama Abuja, Mr. Ifobiya Oloruntoba Seyi and the Credit Controller of Exclusive Stores, Wuse 2, Abuja, Mr. Obinna Ararume were among the five persons arrested by the Special Control Unit Against Money Laundering, SCUML, on October 22, 2012, as part of the on-going effort to enforce compliance with anti-money laundering laws by Designated Non- Financial Institutions, DNFIs.

The Economic and Financial Crimes Commission, EFCC, on Saturday, October 21, 2012, arrested an official of the Federal Airport Authority of Nigeria, FAAN, Akinyele Adetule, at the Murtala Muhammed Airport, Lagos, for being in possession of $1.4 million US Dollars about N218 million naira.

The Economic and Financial Crimes Commission, EFCC, on Wednesday October 17, 2012, arrested the duo of Idris Hamza and Umar Musa Kibiya at the Aminu Kano International Airport, Kano, for false declaration of fund and illegal possession of One Hundred and Seven Thousand United State Dollars ($107,000.00). They were arrested at the airport during a special task force operation.

Justice U. N. Agomoh of the Federal High Court, sitting in Port Harcourt, Rivers State, on 18th October, 2012, granted a N2million (two million naira) bail with two sureties in like sum to Barr. E. B. Ukiri, ex NBA Vice President who is being prosecuted by the Economic and Financial Crimes Commission, EFCC, for Money Laundering and Fraud.

The Economic and Financial Crimes Commission, EFCC, on Thursday, October 18, 2012, arraigned the trio of Obim Onowo, Michael Nnanna Oti and Joy Michael Oti before Justice Aishat Opesanwo of the Lagos State High Court sitting in Ikeja, on a two count charge bordering on conspiracy and obtaining money under false pretences.

Justice Adeniyi Onigbanjo of the Lagos State High Court sitting in Ikeja- Lagos, on Thursday, October 18, 2012, sentenced Liasu Niass Chiekh Assane aka Novial Pharmacy, 22, to three months imprisonment for obtaining money by false pretence, contrary to section 1(3) of Advance Fee Fraud and other Related Offences Act No. 14 of 2006.

 The Economic and Financial Crimes Commission, EFCC, will on Friday October 19, 2012 arraign Abubakar Sheriff Tijjani, a bulk cash smuggler intercepted with $7,049.444(Seven million, Forty Nine Thousand, Four Hundred and Forty Four United States Dollars) at the Murtala Mohammed International Airport, Lagos on Thursday, 27 September, 2012, by Operatives of the Commission, on his way to Dubai, United Arab Emirates.
He will be arraigned at a Federal High Court sitting in Ikoyi, Lagos.