Tag: EFCC
EFCC Grants Tambuwal Bail, Withholds Passport
The Economic and Financial Crimes Commission has granted bail to former Sokoto State Governor, Aminu Tambuwal, after questioning him over alleged fraudulent cash withdrawals totalling N189bn. Tambuwal, who governed Sokoto State from 2015 to 2023, was invited to the EFCC headquarters in Abuja on Monday, arriving around 11:30 a.m. He was interrogated by investigators and…
EFCC Warns ADC Against Politicising Corruption Cases
The Economic and Financial Crimes Commission, EFCC has condemned what it calls the “unprovoked attack” on the commission by the African Democratic Congress, ADC’s concerning its handling of cases involving politically exposed persons. In a statement made available to the press, the commission described the ADC’s attacks as a rude shock and unwarranted blame game….
Panic In ADC As EFCC Goes After Key Members
Panic has gripped the African Democratic Congress as the Economic and Financial Crimes Commission allegedly targets key members of the 2027 coalition, who are working to unseat President Bola Tinubu at the 2027 election. This comes as the EFCC on Monday interrogated former Sokoto State Governor, Aminu Tambuwal, a member of the coalition, over an…
EFCC Detains Ex-Gov Tambuwal Over Alleged ₦189bn Fraud
The Economic and Financial Crimes Commission (EFCC) has detained a former governor of Sokoto State, Aminu Tambuwal, for questioning over alleged fraudulent cash withdrawals to the tune of ₦189 billion. A source at the commission who declined to be named confirmed the incident to Channels Television on Monday. The official said the withdrawals were in…
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…
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…
EFCC Arrests 34 Suspected Internet Fraudsters In Ekiti
Operatives of the Economic and Financial Crimes Commission, EFCC, Ibadan Zonal Directorate, have arrested thirty-four persons suspected to be involved in internet-related fraud. The arrests were carried out in the early hours of Monday, June 23, 2025, during coordinated raids on locations in the Iworoko and Ijado areas of Ado-Ekiti, Ekiti State. The operation followed…
Court To Rule On Detained CBEX Operators’ Bail June 30
Justice Emeka Nwite of the Federal High Court, Abuja, has adjourned the bail application filed by three detained promoters of Crypto Bridge Exchange (CBEX) in the alleged over one billion dollars fraud, until June 30 for ruling. Justice Nwite fixed the date after counsel for the Economic and Financial Crimes Commission (EFCC), Fadila Yusuf, and…
Nine Chinese Jailed For Cybercrime In Lagos, To Be Deported After Prison Terms
A Federal High Court sitting in Ikoyi, Lagos, has sentenced nine Chinese nationals to one year in prison following their conviction for cyber-terrorism and internet fraud. The verdict was delivered by Justice D. E. Osiagor after they pleaded guilty during proceedings held on Thursday, June 5, 2025. The Economic and Financial Crimes Commission, EFCC, announced…
EFCC Denies Alleged Pre-Defection Meeting Between Olukoyede, Governor
The Economic and Financial Crimes Commission has denied an allegation that its Chairman, Ola Olukoyede, met with a former South-South governor and his predecessor 48 hours before they decamped to the All Progressives Congress. The denial followed claims by a spokesperson to former Vice President Atiku Abubakar, Paul Ibe, during a recent interview on Channels…