EFCC – Financial Treason & Crime

Joseph Onyekwere, 19 June 2021

Justice Chukwujekwu Aneke of the Federal High Court sitting in Lagos, yesterday, discharged and acquitted a Peoples Democratic Party (PDP) chieftain, Senator Peter Nwaoboshi, of the N322 million money laundering charge levelled against him by the Economic and Financial Crimes Commission (EFCC).

The judge held that the case of the prosecution collapsed when it failed to call vital witnesses and provide concrete evidence to prove and establish its allegations. Continue reading “Article: Court acquits Nwaoboshi of N322m money laundering charge”

06/10/202106/11/2021

Article: Nigeria: Top Govt Officials Involved in Illicit Financial Flows, EFCC Alleges

Article - Media

Nigeria: Top Govt Officials Involved in Illicit Financial Flows, EFCC Alleges

Kasim Sumaina, 10 June 2021

The Economic and Financial Crimes Commission (EFCC), has accused Nigerian leaders and top government officials of aiding the Illicit Financial Flows (IFF) activities in the country.

The EFCC also revealed that corrupt government officials and their private sector collaborators used fronts and ownership structures that do not provide sufficient information about the true identities of the natural persons behind the title to hide illicit money and transferred same to safe havens abroad.

The Executive Chairman of the EFCC, Mr. Abduralsheed Bawa, disclosed this during a one-day conference that was organised by the Civil Society Legislative Advocacy Centre (CSLAC) on IFF on Corruption in Arbitration in Abuja Continue reading “Article: Nigeria: Top Govt Officials Involved in Illicit Financial Flows, EFCC Alleges”

05/12/202105/12/2021

Article: $153m, 80 assets recovered from Diezani, says EFCC boss Bawa

Article - Media, Publications

$153m, 80 assets recovered from Diezani, says EFCC boss Bawa

Featured, News Update, 12 May 2021

If the words of the Economic and Financial Crimes Commission (EFCC) Chairman, Abdulrasheed Bawa, are anything to go by, former Pertoleum Resources Minister Mrs. Diezani Alison-Madueke would soon be repatriated.

He said several cases surround the one-time minister, who has been living in the United Kingdom (UK) since 2014. According to the anti-graft agency boss, $153 million and 80 properties have so far being seized from her. Continue reading “Article: $153m, 80 assets recovered from Diezani, says EFCC boss Bawa”