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Tag: EFCC

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EFCC Recovered Over $500m in Cash and Assets for FG in Three Years — Olukoyede

Ola Olukoyede, chairman of the Economic and Financial Crimes Commission (EFCC), says the agency has recovered cash and assets worth more than $500 million for the Nigerian government within the past three years. Olukoyede disclosed this on Wednesday while delivering a lecture at the Cambridge International Symposium on Economic Crime in the United Kingdom. “Within […]

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EFCC seeks stronger partnership to curb terrorist financing, protect CSOs

The Economic and Financial Crimes Commission (EFCC) has called for stronger collaboration among governments, regulators and civil society organisations (CSOs) across Africa to combat terrorist financing while safeguarding legitimate non-profit organisations from unnecessary regulatory burdens. Speaking at the 3rd Africa High-Level Civil Society Anti-Money Laundering and Counter-Terrorist Financing (AML/CFT) Conference in Abuja, EFCC Chairman, Mr […]

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EFCC transfers ex-power minister Mamman to Kuje prison for 75-year jail term

The Economic and Financial Crimes Commission has transferred former Minister of Power, Saleh Mamman, to the Kuje Correctional Centre in Abuja following a court order for him to begin serving a 75-year prison term for money laundering. Justice James Omotosho of the Federal High Court, Maitama, Abuja, issued the directive on Tuesday after the EFCC […]

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UPDATED: EFCC Arrests Convicted Ex-Power Minister Saleh Mamman

The Economic and Financial Crimes Commission (EFCC) has arrested former Minister of Power, Saleh Mamman, who was recently convicted and sentenced by the Federal High Court, Abuja, for financial misappropriation while he served in that position. EFCC Chairman Ola Olukoyede confirmed he was arrested at 3:30 am on Tuesday. “Ladies and gentlemen, you will recall […]

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EFCC Arrests Convicted Ex-Power Minister Saleh Mamman

The Economic and Financial Crimes Commission (EFCC) has arrested former Minister of Power, Saleh Mamman, who was recently convicted and sentenced by the Federal High Court, Abuja, for financial misappropriation while he served in that position. EFCC Chairman Ola Olukoyede confirmed he was arrested at 3:30 am on Tuesday. He was arrested in Kaduna, along […]

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Six out of 10 university students are into cybercrime — EFCC

The Chairman of the Economic and Financial Crimes Commission, Olanipekun Olukoyede, has raised concern over the rising involvement of Nigerian university students in cybercrime, stating that about six out of every 10 undergraduates are engaged in internet fraud. According to Daily Trust on Tuesday, Olukoyede made this known at the 8th Biennial Conference of the […]

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EFCC seeks stronger inter-agency cooperation to fight corruption

The Economic and Financial Crimes Commission has renewed its call for stronger collaboration among Nigeria’s law enforcement and security agencies, saying such cooperation is critical to effectively tackling corruption and other financial crimes. In a post on its X handle on Monday, EFCC said the call was made by the EFCC Chairman, Ola Olukoyede, during […]

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