BREAKING: Court Frees Fayose, Says EFCC Failed To Link Him To Money Laundering

The Federal High Court in Lagos has discharged the former Governor of Ekiti State, Ayodele Fayose, on charges of money laundering and theft amounting to ₦6.9 billion. Justice Chukwujekwu Aneke discharged the former governor after upholding his no-case submission filed to challenge his trial by the Economic and Financial Crimes Commission (EFCC). The court held…

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Senate Launches Investigation Into Ponzi Schemes

The Senate has mandated a joint committee to investigate the alarming rise of Ponzi schemes across the country, following the collapse of the Crypto Bullion Exchange (CBEX), which has reportedly defrauded investors of over ₦1.3 trillion. The decision followed a motion sponsored by Senator Adetokunbo Abiru (Lagos East). In a motion, the lawmaker expressed deep…

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Alleged Money Laundering: EFCC’s Witness Says No Fee Transfer From Kogi State Govt, LGAs To AISA Account

The third prosecution witness in the alleged money laundering case instituted by the Economic and Financial Crimes Commission (EFCC) against the immediate past governor of Kogi State, Yahaya Bello, admitted before the Federal High Court in Abuja, on Thursday, that there was no wired transfer of fees from the Kogi State Government or any of…

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