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Tag Archives: EFCC

Court cancels EFCC forfeiture order against Dame Patience’s accounts

Court rejects EFCC forfeiture apllication against Dame Patience's account

The EFCC had filed an application for interim order of forfeiture against Mrs Jonathan Patience’s accounts and her siblings but her lawyers led by Chief Ifedayo Adedipe (SAN) opposed the application based on the fact that similar applications were pending before other courts in Abuja, which they claimed amounted to forum shopping and judicial abuse of court process. Justice Mojisola ...

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EFCC drags company to court over Safetowers Estate project

EFCC drags company to court over Safetowers project

The multi-billion naira Safetowers Estate located at Ikate, Lekki, Lagos and promoted by Safetowers Mortgage Bank Limited and Macbosh Properties Limited has run into controversy which attracted the invitation of the EFCC (Economic and financial crimes commission) following contractual disagreements between the developers and an investor. Conceived in 2013 as a 3 blocks high rise building comprising 16 units of ...

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EFCC instructs court to finally forfeit Ikoyi properties

EFCC instructs court to finally forfeit Ikoyi properties

Justice Saliu Saidu of a Federal High Court in Lagos, has fixed January 19, 2018 to entertain and rule on a motion filed by EFCC before the final forfeiture to the Federal Government of Flat 7B, Osborne Towers, Ikoyi, Lagos. The anti-graft agency said that the wife of the sacked Director-General of the Nigeria Intelligence Agency, ( NIA )Folashade Oke, as the ...

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EFCC Nabs Real Estate Agent involved in Diezani London Property Acquisition Fraud

Real Estate Agent

The Economic and Financial Crimes Commission (EFCC) has arrested Mr Adeyemi Edun, the real estate agent who helped former Minister of Petroleum Resources, Diezani Alison-Madueke acquire prime properties in the United Kingdom. Edun is believed to have assisted Diezani acquire luxury properties worth millions of pounds. The suspected was reportedly nabbed by the anti-graft body on Wednesday, just after he ...

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Whistle blower will run mad if we pay him N860 million naira all at once – Presidency

whistle blower

The Chairman, Presidential Advisory Committee Against Corruption, Prof. Itse Sagay (SAN), has revealed why the Federal is hesitant to pay the whistle-blower who exposed the N13 billion found in an Ikoyi, Lagos apartment, by the Economic and Financial Crimes Commission. Sagay said the Federal Government does not want the whistle-blower to run mad at the sight of the huge sum ...

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Federal high court orders forfeiture of Ikoyi flat where $43.4m was found

Ikoyi flat

PM NEWS reports that, a Federal high court sitting in Ikoyi, Lagos, Southwest Nigeria on Thursday temporarily forfeited to the Federal Government of Nigeria Flat 7b Osborne Towers, Ikoyi where the sum of $43.4 million and N23,218,000 were recovered by the Economic and Financial Crimes Commission, EFCC sometimes ago. The EFCC had earlier named Mrs Folashade Oke, wife of the ...

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CSCEOS warns Governor Aregbesola to stop selling people’s property to friends

CSCEOS warns Governor Aregbesola to stop selling people's property to friends

“Civil Societies Coalition for the Emancipation of Osun State (CSCEOS) has warned Governor Rauf Aregbesola of the state against selling property belonging to the people of the State to his Lagos friends and associates under the guise of Public Private Partnership (PPP) and Concession arrangement.”- Daily Post The group noted that such arrangement was not in the best interest of ...

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EFCC acting chairman, Ibrahim Magu tasks estate valuers on corruption

Ibrahim Magu

“The Acting Chairman, Economic and Financial Crimes Commission, EFCC, Ibrahim Magu has called on Estate Surveyors and Valuers to see their professional calling as strategic in nation building and avoid corruption that could tarnish their reputation.”- World Stage He gave the charge on Thursday, October 12, 2017 during the first joint Mandatory Continuing Professional Development (MCPD), for Nigerian Institute of ...

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ANEEJ commends EFCC on property ownership investigations

property ownership investigations

“The Africa Network for Environment and Economic Justice (ANEEJ) commends the Economic and Financial Crime Commission (EFCC) for the rigorous work it has embarked upon in the investigation and review of ownership of several choice property dotting the nooks and crannies of Nigeria, and especially in Abuja.  We urge the commission to tighten all property ownership investigations. We make the ...

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