The Economic and Financial Crimes Commission EFCC today told a Lagos High Court sitting in Ikeja that Fidelis Ogbechie, defence witness in the on-going trial of former managing director of defunct Bank PHB, Francis Atuche was not a witness of truth as his claim that that his employers, ICON Stockbrokers Limited was lead Stockbroker to Bank PHB is false.
Justice U.N Agomoh of the Federal High Court, Port Harcourt on April 14, 2014 convicted and sentenced one Gideon Nuka Vopna to two years imprisonment without an option of fine. Gideon pleaded guilty to two-count charge bordering on illegal dealing in petroleum products preferred against him by the Economic and Financial Crimes Commission. He bagged a two-year jail term on each count. The sentences are to run concurrently.
The Economic and Financial Crimes Commission, EFCC, on Monday, April 14, 2014 arraigned Sunkami Odewande, before Justice S. S Ogunsanya of Lagos State High Court, sitting in Ikeja, on a 4- count charge bordering on obtaining money by false pretences and possession of documents containing false information.
Three persons who attempted to defraud Diamond Bank of N100million through an electronic device called grabber have been docked by the Economic and Financial Crimes Commission, EFCC.
The Economic and Financial Crimes Commission, EFCC on April 11, 2014 arraigned Emmanuel Olufemi Are, (alias Paul Preston), Oladayo Daniel Ajileye, Majekodumi Gbolahan and Omowayeola Joseph Gbenga before Justice A.O Taiwo of a Lagos High Court sitting in Igbosere on a 13-count charge bordering on conspiracy and obtaining money by false pretence and possession of document containing false pretence.
A surprise dawn raid on two houses in the Lekki area of Lagos on April 6, yielded the arrest of seven suspects, all undergraduates study various courses in some of the nation’s tertiary institutions.
The Economic and Financial Crimes Commission, EFCC, had secured more than 773 convictions and recovered billions of naira since its inception in 2003, the Chairman of the Commission, Ibrahim Lamorde, has said.
A High Court of the Federal Capital Territory, presided over by Justice A. I. Kutigi, on Thursday, April 10, 2014, dismissed a suit filed by Dr. Ezekiel Izuogu, Managing Director, Izuogu Motors Limited against the Economic and Financial Crimes Commission, EFCC, demanding for N200 million damages.
For any meaningful impact to be made in the war against economic crimes and corruption, anti-graft agencies like the Economic and Financial Crimes Commission (EFCC) must be funded through a first line charge basis.
As part of its strategic move to sensitize Nigeria students on the need to shun corruption and economic crimes, the Economic and Financial Crimes Commission through its Enlightenment and Re-orientation Unit, on April 8, 2014 launched the Zero Tolerance for Corruption Club for the University of Ilorin, Kwara State.