The Economic and Financial Crimes Commission, EFCC, on Thursday, January 3, 2013 took possession of 48 properties of the former governor of Bayelsa state, Mr. Timpre Sylva who is being prosecuted at a Federal High Court in Abuja for alleged misappropriation of N6.46 billion state funds when he was governor of the state.
A former member of the House of Representatives, Chief Gbineje Obukowho Napoleon has been declared wanted by the Economic and Financial Crimes Commission, EFCC. The former law maker who represented Uvwie, Sapele and Okpe Federal Constituency of Delta State in the National Assembly between 2003 and 2007 is wanted for offences bordering on breach of trust and illegal diversion of funds to the tune of N281,280,000.00 ( two hundred and eighty one million, two hundred and eighty thousand naira only).
A former manager with Intercontinental Bank Plc( now Access Bank), Mr. Olayinka Sanni and Personal Assistant to Adeyemi Ikuforiji, Speaker of the Lagos State House of Assembly, Mr. Oyebode Atoyebi have been arrested by the Economic and Financial Crimes Commission, EFCC, over a case of conspiracy, stealing and forgery amounting to about N1.5billion.
In a determined effort at improving its capacity to fight corruption and economic crimes, the Economics Financial Crimes Commission (EFCC) has commenced the training of the first batch of junior cadet officers. The 71 officers of the Detective Assistant Cadre 1 commenced their training on January 7, 2013 at the EFCC Academy , Karu Abuja.
Another attempt by embattled Chairman of Bi-Courtney Highway Services Limited, Wale Babalakin to stop the Economic and Financial Crimes Commission, EFCC from prosecuting him on money laundering charges failed today as Justice Ibrahim Buba of the Federal High Court, Lagos dismissed his application.
He had approached the court, seeking an order to enforce his fundamental human right by way of preventing the EFCC, agents or security agencies of government from harassing, arresting or detaining him, further to the charge filed by the EFCC at the Lagos High Court.
Two 'men of God' Pastor Glory Abrefera and Reverend Vincent Okpogo have been sentenced to 10 years imprisonment each by Justice Ibrahim Buba of the Federal High Court, Asaba, Delta State. Justice Buba found Pastor Abrefera and Reverend Okpogo including their company, Mustard Seed Micro Investment Limited guilty on a four count charge of carrying out banking practice without licence. The accused persons were said to have collected over N1 billion from different individuals and organizations as deposits in an illegal banking practice. They have also failed to account for all the deposits they collected.
Two Lebanese, Hassan Rmaiti and Talal Hammoud who were arrested at the Murtala Mohammed International Airport, Lagos on November 26, 2012 with $2,073,160 (Two Million, Seventy Three Thousand, One Hundred and Sixty Dollars) have been convicted by Justice Okechukwu Okeke of the Federal High Court sitting in Lagos.
The Economic and Financial Crimes Commission, EFCC has declared former governor of Kogi State, Abubakar Audu wanted for offences bordering on conspiracy, stealing and misappropriation of public fund.
The action followed the failure of the suspect to respond to invitation by the anti- graft agency.
Attempt by the EFCC to arrest Audu at his 32, Sulaiman Barau Street, Asokoro, Abuja residence on December 11, 2012 failed as he allegedly evaded arrest.
Operatives of the Economic and Financial Crimes Commission, EFCC, on Wednesday, December 19, 2012, arrested one Bashir Abdu at the Mallam Aminu Kano International Airport, Kano over money laundering.
Abdu, a Nigerian but with a Dubai resident permit was on his way to Dubai on board Egypt Air when he was arrested by the EFCC for failing to declare the $130,000 (One Hundred and Thirty Thousand dollars) on him. He only declared the gold bars with him and 30, 000 Saudi Riyals.