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Ifeanyi Ubah re-arrested over N43b subsidy scam

Economic and Financial Crimes Commission, EFCC, Tuesday, arrested the Managing Director of Capital Oil and Gas Industries Limited, Mr. Ifeanyi Ubah, for allegedly defrauding the Federal Government of over N43 billion under the fuel subsidy fund.

He …

Akingbola rearrested by EFCC

Akingbola rearrested by EFCC

Erastus Akingbola,the former Intercontinental bank chief has been rearrested by the Economic and Financial Crimes Commission (EFCC).A press statement by the commission confirmed the latest news. Akingbola slept in  EFCC custody and he would be arraigned Tuesday before Justice Adeniyi Onigbanjo. Justice Archibong, that handled Akingbola’s alleged monumental fraud case has been sacked. EFCC disclosed [...]

Court freezes Ogunbambo,Fargo Petroleum boss bank accounts,Parkview home

ANigerian court has ordered the freezing of bank accounts belonging to Mr Oluwaseun Ogunbambo of Fargo Petroleum and his mansion inside Parkview estate,Ikoyi. Ahmadu Ali’s son who is also standing trial for subsidy payment crime also has a share of the ordeal. The Economic and Financial Crimes Commission (EFCC) obtained the order from the court [...]

Nigeria’s most corrupt banker and politician

Why do people steal public funds so much that they want to build homes in space is still a shock to us at Gistmaster. Nigerian leaders keep stealing almost all the public funds in their care for private use. It is quite absord that most of them use the money to build houses,drive expensive cars [...]

Lamido’s son released on bail

KANO – A federal High Court sitting in Kano has granted bail to Aminu Sule, eldest son of Jigawa state Governor, Alhaji Sule Lamido, who is standing trial over alleged money laundering,Vanguard reports. Gistmaster gathered that Lamido was arrested last December on his way to Cairo for failure to declare huge money in his possesion [...]

EFCC Arrests ‘Billionaire’ Permanent Secretary in Sokoto

EFCC Arrests ‘Billionaire’ Permanent Secretary in Sokoto

The Economic and Financial Crimes Commission (EFCC) on Tuesday arrested Mohammed Bello Abukakar a Permanent Secretary at the Ministry of Education in Sokoto State. Mr. Abaubakar is currently undergoing interrogation regarding allegations of criminal enrichment and abuse of office at the agency. Mr. Abubakar was picked up on Tuesday January 22 2013 by operatives of [...]

EFCC declares Abubakar Audu ex-Kogi governor wanted over N4 Billion fraud

EFCC declares Abubakar Audu ex-Kogi governor wanted over N4 Billion fraud

Nigeria anti-graft agency,Economic and Financial Commission (EFCC) on thursday declared former governor of kogi state,Prince Abubakar Audu wanted for conspirary and stealing of public funds. In a press statement signed by Wilson Uwujuren, the spokesman of the agency, Audu has been declared wanted because of his modus of dishonouring invitations sent to him by EFCC. [...]

EFCC arrests another cash courier with $130,000 at the airport

EFCC arrests another cash courier with $130,000 at the airport

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 [...]

Governor Lamido’s son released on bail-Saharareporters

Aminu Sule, the eldest son of Governor Sule Lamido of Jigawa state who was arrested yesterday for money laundering has been released on bail today after the Economic and Financial Crimes Commission (EFCC) filed charges at a Federal High court in Kano. EFCC officials in Kano said the governor’s son was released on administrative bail [...]

How EFCC arrested Gov Lamido’s son

THE Economic and Financial Crimes Commission (EFCC), at the Mallam Aminu Kano International Airport (MAKIA), on Tuesday night, arrested Alhaji Aminu Sule Lamido, the eldest son of the Jigawa State governor, Alhaji Sule Lamido, over allegation of money laundering. Aminu was said to have been nabbed by EFCC operatives while waiting to board an Egypt [...]

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