The Economic and Financial Crimes Commission, EFCC, has concluded arrangement to arraign fresh suspects in the on going trial of persons and organisations implicated in the fuel subsidy scam. Barring any hitches, 10 suspects comprising four companies and six individuals will be arraigned tomorrow, Friday October 5, 2012 before Justice Habeeb Abiru of the Lagos High Court.
The Economic and Financial Crimes Commission (EFCC) on Wednesday, September 26, 2012, accused a former managing director of Bank PHB, Mr Francis Atuche of using depositors funds to pay N45 million (Forty Five million naira) tithe. Lead prosecution counsel, Kemi Pinheiro, SAN, made the accusation while leading key witness, Mr Solomon Abolaji Ogunsola, a former staff of PHB Mortgages Limited, in evidence before Justice Lateefa Okunnu of a Lagos High Court sitting Ikeja, Lagos. Atuche paid the money from an account of PHB Mortgage Limited.
The Economic and Financial Crimes Commission, EFCC, on Wednesday October 3, 2012, arraigned Mr. Felix Walbe before Justice Nimpar Yar'gata of the Federal High Court, sitting in Jos, on a two count charge bordering on fraudulent conversion of N450, 000 and giving false information to the Commission. The offence is punishable under Section 315 of the Penal Code and Section 39 sub section two of the EFCC Establishment Act 2004.
The Economic and Financial Crimes Commission on Thursday, 27th September, 2012 arrested a bulk currency smuggler, one Abubakar Tijani Sheriff for attempting to smuggle $7million out of the country.
Non-governmental organizations, NGOs across the country have been asked to collaborate with the Special Control Unit against Money Laundering (SCUML) and the Economic and Financial Crimes Commission, EFCC in the fight against corruption and economic crimes in Nigeria.
A former managing director of Intercontinental Bank Plc now Access Bank Plc, Erastus Akingbola and one of his associates, Bayo Dada on Thursday, September 27, 2012 failed to produce a witness they had earlier told the court will be available to testify in the continuation of their trial before Justice Habeeb Abiru of a Lagos High Court. The duo are standing trial over an alleged N46billion theft.
Civil servants across the country have been asked to resist the temptation of becoming accomplices to the looting of the nation's treasury by corrupt politically exposed persons.
The Economic and Financial Crimes Commission, EFCC, has blamed the decay of infrastructure in the country on corruption. Head of Public Enlightenment Unit of the Commission, Mrs. Rose Ekawu, stated this while declaring open a one day sensitization programme on the ills of corruption for officers of the Federal Fire Service in Abuja.
The Economic and Financial Crimes Commission EFCC, on Wednesday September 12, 2012, arraigned Mr. Abdullahi Mohammed alias Dan Hadeja, 72, before Justice Abubakar Tijani of the Federal High Court II, Port Harcourt, Rivers State on a one count charge of obtaining the sum of N1, 155, 000 (one million, one hundred and fifty five thousand naira) under the false pretence that he was a registered distributor of Indomie noodles.