Justice Salihu Garba of the Federal Capital Territory High Court, on December 7, 2012, sentenced Fidelis Teseer Tule, who was prosecuted by the Economic and Financial Crimes Commission, EFCC, to two years imprisonment for impersonation and obtaining money by false pretence.
Justice Okechukwu Okeke of the Federal High Court, Lagos has fixed February 18, 19, 20 and 21, 2013 for continuation of trial in the money laundering charge preferred against the Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji and his personal assistant, Oyebode Alade Atoyebi by the Economic and Financial Crimes Commission, EFCC.
Justice Lateefa Okunnu of the Lagos High Court, Ikeja, on Thursday December 13, 2012, sentenced one Akinyemi Idowu Jegede to seven years imprisonment.
The convict was prosecuted by the Economic and Financial Crimes Commission, EFCC, on a two count amended information dated March 1, 2011.The accused was said to have obtained by false pretence the sum of N27, 692,500 (Twenty Seven Million, Six Hundred and Ninety Two Thousand Five Hundred Naira) contrary to section 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act No 14 of 2006.
Esai Dangabar, one of the six accused persons being prosecuted by the Economic and Financial Crimes Commission, EFCC, on a 16 criminal charges bordering on conspiracy and criminal breach of trust for their role in defrauding the Police Pension Office to the tune of N32.8 Billion naira (Thirty Two Billion, Eight Hundred Million Naira), was on Thursday December 13, 2012, arrested for interfering with the properties which the court had ordered forfeited to the federal government.
Embattled businessman and Chairman of Bi-Courtney Highway Services Limited, Dr. Wale Babalakin today lost his bid to stop the Economic and Financial Crimes Commission, EFCC, from arraigning him before a Lagos High Court, Ikeja on money laundering charges.
The Nigerian Army has promised to work with the Economic and Financial crimes Commission, EFCC in order to ensure that the anti-corruption agency succeeds in its bid to make Nigeria free from corruption and economic crimes.
Justice Akintunde Boade of the Oyo State High Court, on December 12, 2012, ruled that the former Oyo State Governor, Adebayo Alao-Akala and two others who are being prosecuted by the Economic and Financial Crimes Commission, EFCC of N11.5 billion fraud, have a case to answer.
The Economic and Financial Crimes Commission, EFCC, will on Thursday, 13 December, 2012, argue a notice of preliminary objection before Justice Mohammed Idris of a Federal High Court sitting in Lagos, challenging its jurisdiction in granting an order of prohibition against the arraignment of Chairman of Bi-Courtney Limited, Wale Babalakin over a N2.9 billion scam.
Following the escape from arrest, of the former Kogi State governor, Abubakar Audu, by operatives of the Economic and Financial Crimes Commission, EFCC, on December 11, 2012, the Commission has concluded plans to declare him wanted.
Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ibrahim Lamorde, on December 10, 2012, said that no less that $9 million was intercepted by EFCC operatives at the nation's airports between September 2012 till date. The amount, he said, is outside the capital flight of about N14 billion which was laundered across the nation's airports between January and August 2012.