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Tag Archives: EFCC

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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EFCC inspects N7bn Dubai properties belonging to Diezani Alison-Madueke

Diezani Alison-Madueke

According to Punch, operatives of the Economic and Financial Crimes Commission have visited two mansions in Dubai allegedly belonging to a former Minister of Petroleum Resources, Diezani Alison-Madueke. The properties, located at E146 Emirates Hill and J5 Emirates Hill, are said to be worth 74,000,000 dirham (N7.1bn). Emirates Hill, which has been described as the Beverly Hills of the United ...

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EFCC reportedly uncovers Patience Jonathan’s N6bn plaza in Abuja

Patience Jonathan’s N6bn plaza in Abuja

The Economic and Financial Crimes Commission has reportedly uncovered Patience Jonathan’s N6bn plaza in Abuja. According to Daily Post, an uncompleted eight-storey building allegedly belonging to Patience Jonathan, the wife of former President Goodluck Jonathan is in Abuja. The magnificent edifice, located within the Central Business District, is between the National Mosque and the Federal Secretariat, Punch reports. The ex-First ...

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Buhari’s loyalists say Diezani’s loot can fund Nigeria’s infrastructure development

Buhari’s loyalists say Diezani’s loot can fund Nigeria’s infrastructure development

“The Buhari Media Support Group (BMSG) on Thursday in Abuja, said the stolen funds traced to former Petroleum Minister, Mrs Diezani Alison-Madueke, could fund infrastructure development in the country.”- The Guardian Specifically, the group said in a statement by its Chairman, Mr Austin Braimoh and Secretary, Mr Cassidy Madueke, that government could build six world-class airports in each geopolitical zone ...

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How over N11tr for electricity was squandered under OBJ, Yar’Adua, Jonathan

How over N11tr for electricity was squandered under OBJ, Yar’Adua, Jonathan

“A new report by the Socio-Economic Rights and Accountability Project (SERAP) has revealed how over N11tr for electricity was allegedly squandered under the governments of former presidents Olusegun Obasanjo, Umaru Musa Yar‘Adua and Goodluck Jonathan. According to the report, “The total estimated financial loss to Nigeria from corruption in the electricity sector starting from the return to democracy in 1999 to ...

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