Barbara Bako, Abuja. In order to mitigate revenue leakages and ensure that lost or unremitted funds are recovered and deposited into the proper government coffers, Muhammad Bello Shehu, the Chairman of the Revenue Mobilisation Allocation and Fiscal Commission (RMAFC), has called for increased cooperation with the Economic and Financial Crimes Commission (EFCC). A statement from…
The Socio-Economic Rights and Accountability Project has filed a lawsuit against the governors of the 36 states of the Federation, and the Minister of the Federal Capital Territory, Nyesom Wike, over their failure to account for, and publish the agreements of the N5.9 trillion and $4.6 billion loans obtained by their states and the FCT,…
A Federal High Court in Abuja has granted the Economic and Financial Crimes Commission (EFCC) an interim order to freeze 1,146 bank accounts belonging to individuals and companies. This decision follows allegations of unauthorised foreign exchange dealings, money laundering, and terrorism financing. The ruling, delivered by Justice Emeka Nwite, comes after the EFCC’s ex-parte motion…
The Economic and Financial Crimes Commission has confirmed the receipt of the refund of $760,000 paid as advanced school fees by a former Kogi State Governor, Yahaya Bello for his children at the American International School, Abuja. The spokesperson for the EFCC, Dele Oyewale, confirmed the development to our correspondent in Abuja on Friday. “The…
A High Court sitting in Lokoja, Kogi State, has restrained the Economic and Financial Crimes Commission (EFCC) from infringing on the fundamental human rights of the immediate-past governor of Kogi State, Alhaji Yahaya Bello. Justice I.A Jamil of High Court IV gave the order in a two-hour judgement delivered in suit no HCL/68/M/2020 in Lokoja…
A high court sitting in Ikeja, Lagos, has granted bail to former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, in the sum of N50 million. In his ruling on the bail application on Friday, the judge, Rahmon Oshodi, admitted Emefiele on bail with two sureties in like sum. Recall that Emefiele is…
The Federal High Court in Lagos has sentenced popular cross-dresser, Idris Okuneye, known as Bobrisky, to six months in custody over naira abuse. The trial judge, Abimbola Awogboro, imposed the jail term on the social media influencer after earlier convicting him on 5 April. The judge convicted Bobrisky after he pleaded guilty to the charges…
The Ikeja Special Offences Court has remanded the former governor of the Central Bank of Nigeria (CBN), Godwin Emefiele in custody of the Economic and Financial Crimes Commission (EFCC). Grassroots Parrot, reports that Justice Rahman Oshodi gave the order on Monday morning following the re-arraignment of the former apex bank boss. READ ALSO:DHQ debunks coup…
The National Chairman of the ruling All Progressives Congress (APC), Dr. Abdullahi Umar Ganduje, has criticized the Kano State Governor Abba Yusuf for resorting to diversionary strategies to mask his inability to provide the promised benefits of democracy to the citizens. Ganduje in a statement by his spokesman Edwin Olofu on Friday accused the governor…
EFCC hands over 324 recovered houses to Kano pensioners The Abuja Zonal Command of the Economic and Financial Crimes Commission , EFCC, has handed over documents of properties and 324 houses recovered for Kano state pensioners to them. The handing over of the houses, occasioned by a final forfeiture order granted by Justice I.E. Ekwo…
