Nigerian youths and the quick money syndrome

February 10, 2021 Adnan Abdullahi Adam 0

In 1920, Charles Ponzi, an Italian immigrant swindler, become famous in America and Canada for his fraudulent money-making scheme, the murky venture is run by paying back the earlier investors using the money of new investors. Ponzi has promised investors 50% fake “return” within a few months for what he claimed was an investment in the international mail coupons. His Read More

TI reports and the monkeyshines of disgruntled elite

February 1, 2021 Gidado Ibrahim 0

The global corruption tracking organization, Transparency International (TI), Thursday, released its 2020 annual report in which it scored Nigeria very low, thereby casting aspersions on the relentless efforts of President Muhammadu Buhari’s government to curtail the scourge of corruption and its ripple effects. The latest TI’s Corruption Perception Index (CPI) claims Nigeria scored 25/100 which is one point less than Read More

EFCC storms Osun, arrest 11 ‘yahoo boys’

January 23, 2021 Lateef Ibrahim 0

The Economic and Financial Crimes Commission, EFCC, Ibadan zonal office, Friday, arrested eleven suspected internet fraudsters in Osogbo, Osun state.  Operatives of the EFCC swooped on the hideouts of the suspects in Osogbo upon intelligence report received by the commission.  Spokesperson of EFCC, Wilson Uwujaren, confirmed the arrest. The Commission recovered twelve cars which include three Toyota Highlander SUVs, one Mercedes Read More

Court allows Adoke’s return to UAE

December 11, 2020 Editor 0

A former Attorney General of the Federation and Minister of Justice, Mohammed Adoke (SAN), has been granted permission by the Federal High Court on Friday to travel for medical check-up at the United Arab Emirate (UAE). Adoke was in UAE for over four years in exile after leaving office in 2015. He returned to the country and was immediately arrested Read More

Breaking: Maina returns to prison as Court adjourns

December 4, 2020 Editor 0

The Federal High Court in Abuja has ordered the remand of Abdulrasheed Maina at Kuje Correctional Centre pending the conclusion of his trial. At the resumed trial on Friday, the counsel representing Maina, Adaji Abel formally withdrew and the counsel engaged by Mr Maina asked for a short adjournment to enable him to study the facts of the case. Justice Read More

Fugitive Maina returns to Court as trial resumes

December 4, 2020 Editor 0

The former Chairman of the defunct Pension Reform Task Team (PRTT), Abdulrasheed Maina, has returned to court and his trial has resumed in Abuja. The Economic and Financial Crimes Commission (EFCC) ensured Maina was in the court having being extradited to Nigeria from the Niger Republic by the Interpol. Mr. Maina who jumped bail before his re-arrest in Niamey, Niger Read More

Breaking: EFCC re-arraigns ex-SGF Lawal over alleged grass-cutting ‘fraud’

November 30, 2020 Editor 0

The former Secretary to the Government of the Federation (SGF), Babachir Lawal, and six others were Monday re-arraigned by the Economic and Financial Crimes Commission (EFCC) on a 10-count charge for an alleged fraudulent N544m grass-cutting contract. Blueprint reports that it was the second re-arraignment of the defendants, after they were first arraigned before the late Justice Jude Okeke of Read More

Magu: Ex-cop knocks Salami panel on recommendations

November 27, 2020 Samson Benjamin 0

A retired Assistant Inspector General of Police (AIG), Bala Hassan, has knocked two of Justice Ayo Salami Panel’s recommendations which seek to oust police officers from the leadership of the Economic and Financial Crimes Commission (EFCC) as well as the recommendation asking the Commission’s chairman to stay in office for two years at the first instance. Hassan stated this Friday Read More

Breaking: Court set to hear Ndume’s bail application

November 25, 2020 Editor 0

Senator Ali Ndume, currently at Kuje prison will on Thursday know his fate when the Federal High Court in Abuja hears his bail application. Ndume has been detained in prison since Monday over his surety role for former Chairman of the defunct Pension Reformed Task Team Abdulrasheed Maina who allegedly jumped bail. Maina, is being prosecuted by the Economic and Read More

Magu’s saga: Group hails FG’s commitment to fairness, justice

November 18, 2020 Bashir Mohammed 0

The national chairman of Northern Youth Forum (NYF), Engineer Bello Bichi, has expressed satisfaction on the way the former acting chairman of the EFCC, Mr. Ibrahim Magu, was given fair hearing on the allegations surrounding his stewardship at the anti-graft agency. Bello Bichi said, “The federal government has proved its integrity and commitment to fairness and justice by the fair Read More

AGF ‘ll kill EFCC – Legal practitioner

September 26, 2020 Kehinde Osasona 0

An Abuja-based Lawyer and Human Rights Activist, Barr. Kingdom Okere, has condemned the move by the National Assembly to scrap the Economic and Financial Crime Commission (EFCC) and make it a department under the Attorney General of the Federation (AGF), and Minister of Justice. Okere who noted that the AGF office has the power in section 174 of the 1999 Read More

I was procured to nail Magu, lawyer writes Salami panel

August 20, 2020 Tope Sunday 0

One Abuja-based lawyer, Victor Giwa, said he was procured to put paid to Ibrahim Magu’s alleged financial crimes. Magu, acting chairman of the Economic and Financial Crimes Commission (EFCC), had been earlier suspended due to investigations on misappropriation of recovered loot. Ayo Salami, the head of the presidential panel is currently probing the activities of the agency under Magu. Magu Read More

EFCC arrests 32 suspected ‘Yahoo boys’ in Ogbomoso

August 12, 2020 Bayo Agboola 0

The Ibadan zonal office of the Economic and Financial Crimes Commission (EFCC), Tuesday arrested 32 Yahoo boys for alleged involvement in internet fraud. According to the anti-graft commission, the suspects including three serving members of the National Youth Service Corps (NYSC), were apprehended during a raid on their hideout in Ogbomoso, Oyo state. EFCC in a statement by its Head, Read More

The Babel of voices over mounting debts

August 11, 2020 Jerry Uwah 0

Nigeria’s mounting debt is at the center of the storm rocking the nation at the moment. The International Monetary Fund (IMF) kicked up the storm in 2019 when it warned that Nigeria’s debt was no longer sustainable. The IMF warning was followed by a similar red flag on debt from the World Bank. Ironically even after warning that Nigeria’s debt Read More

Breaking: At last, ex-Pension Boss Maina walks free from Kuje prison

July 28, 2020 NAN 0

Former chairman, Pension Reformed Task Team (PRTT), Abdulrasheed Maina, has been released from Kuje Correctional Centre nine months after his detention, the News Agency of Nigeria (NAN) has confirmed. Maina, who was arraigned before Justice Okon Abang of the Federal High Court, Abuja, on October 25, 2019, by the Economic and Financial Crimes Commission (EFCC) alongside his son, Faisal, and Read More

EFCC drags 2 to court for ‘rigging’ NBA elections

July 23, 2020 Chizoba Ogbeche 0

The Economic and Financial Crimes Commission (EFCC), is set to arraign the duo of Sarah Omeigha Ajibola and John Ozovehe Demide before a Federal High Court sitting in Ikoyi, Lagos, for allegedly conspiring to rig the 2018 general elections of the Nigerian Bar Association (NBA). The EFCC Head, Media, and Publicity, Dele Oyewale, in a press statement, Wednesday in Abuja, Read More

Updated – N81.5bn graft: Acting NDDC boss stages walkout on Reps

July 16, 2020 Joshua Egbodo 0

Acting Managing Director of the Niger Delta Development Commission (NDDC), Prof. Kemebradikumo Pondei, on Thursday staged a walkout on the House Committee on Niger Delta Development Commission while investigation into alleged graft in the commission was on.The was investigating an alleged mismanagement of of about N81.5 billion and other activities of the NDDC. Prof. Pondei had argued that he was Read More

Updated: Magu released after 10-day ordeal, 12 EFCC directors suspended

After 10 days of grilling by the Justice Ayo Salami-led presidential panel, embattled Acting Chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, was released from police custody. Magu was arrested July 6, 2020 amid allegations of corruption and brought before the presidential panel. The suspended EFCC boss was accused of being unable to account for the interest Read More

Breaking: Magu regains freedom

July 15, 2020 Editor 0

After 10 days in Police detention, suspended acting Chairman of the Economic and Financial Crimes Commission (EFCC) Ibrahim Magu has been released. Blueprint gathered that Magu who was accused of insubordination and purchase of property in Dubai, the United Arab Emirates is not yet done with the presidential panel led by Justice Ayo Salami. Details loading…

Exposed! How popular Abuja pastor helped Magu to reloot recovered funds – Report

July 12, 2020 NAN 0

A report by the Presidential Probe Panel has revealed details of how the suspended acting chairman of the Economic and Financial Crimes Commission (EFCC), Ibrahim Magu, alledgedly used a cleric to launder funds abroad. Magu is currently being interrogated by the panel headed by retired Justice Ayo Salami over allegations of mismanagement and lack of transparency in managing recovered assets Read More

Updated: Buhari appoints Umar new EFCC acting Chairman, Magu suspended

July 10, 2020 Rosemary Moribirin 0

President Muhammadu Buhari has approved the immediate suspension of Ibrahim Magu as acting Chairman of the Economic and Financial Crimes Commission (EFCC). This was contained in a statement issued by Dr. Umar Jibrilu Gwandu, Special Assistant on Media and Public Relations Office of the Attorney-General of the Federation and Minister of Justice which was made available to Blueprint on Friday. Read More

Breaking: DSS arrests EFCC chairman

July 6, 2020 Editor 0

Acting chairman of Economic and Financial Crimes Commission (EFCC) Ibrahim Magu is currently being subjected to interrogation after operatives of Department of State Services (DSS) arrested him, Channels Television reports. Details loading…