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Tag Archives: EFCC

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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Court orders forfeiture of Diezani ‘s $37.5m Banana Island property

Banana Island property

According to The NATION, Federal High Court in Lagos has ordered the interim forfeiture of a Banana Island property, Lagos bought for $37.5m in 2013 by a former Minister of Petroleum Resources, Diezani Alison-Madueke. Justice Chuka Obiozor, a vacation judge, made the order yesterday following an ex parte application by Economic and Financial Crimes Commission (EFCC) counsel Mr. Anselem Ozioko. The EFCC, in documents filed in ...

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‘My errand boy sold my property for N918 million’, Mrs Atiku

‘My errand boy sold my property for N918 million’, Mrs Atiku

“Wife of former Vice President, Mrs.Titi Atiku Abubakar, has narrated to a Lagos High Court sitting in Ikeja how her former errand boy, Nsikak Akpan Jacobs, whom she made the Managing Director of her company, THA Shipping and Maritime Services, sold her property for N918 million and used the money to fund his gubernatorial campaign in Akwa Ibom State.”- The ...

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EFCC proposes prison in Sambisa forest for corrupt people

EFCC proposes prison in Sambisa forest for corrupt people

“Ibrahim Magu, acting chairman of the Economic and Financial Crime Commission (EFCC), says a prison prison in Sambisa forest, a stronghold of the Boko Haram sect in Borno state for corrupt persons should be established .”- PM News Magu made this known while speaking at the commissioning of the agency’s zonal office in Kaduna on Thursday. He also appealed to ...

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EFCC Seizes Patience Jonathan’s N2 Billion Hotel

defrauds hair care company to acquire property

“The Economic and Financial Crimes Commission has seized a hotel allegedly belonging to Mrs. Patience Jonathan, the wife of former President Goodluck Jonathan.” – Signal The anti-graft agency also seized three other properties in Abuja allegedly belonging to Patience. The five-storey hotel is located near Setraco Construction Company, beside Mabushi Kado Expressway. Although the hotel has not been officially valued ...

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Businessman in court over N86 million land fraud

defrauds hair care company to acquire property

According to The Nation, Justice Angela Otaluka of the FCT High Court, Lugbe on Monday commenced trial in a case involving Idris Shuabu, a developer and Ikechukwu Sebastian for allegedly obtaining N86 million under false pretence. Prosecution counsel, Mr Richard Dauda, who led Shuaibu in evidence at the witness box, said his 26 hectares of land was revoked by the ...

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