The Economic and Financial Crimes Commission (EFCC) has handed over ₦1.28 billion recovered from Sujimoto Luxury Construction Ltd to the Enugu State Government, following investigations into the alleged diversion of funds meant for the construction of Smart Green Schools across the state. The funds were restituted through a combination of bank drafts and cheques, according …
The Federal High Court in Abuja has granted the Bauchi State Commissioner for Finance, Yakubu Adamu, and three others bail in the sum of ₦100 million each over alleged $9.7 million terrorism financing and money laundering offences. Justice Mohammed Umar, in a ruling on Tuesday, held that Adamu and his co-defendants placed sufficient materials before …
Former Attorney-General of the Federation, Abubakar Malami, has been taken into custody by operatives of the Department of State Services (DSS) shortly after securing his release from Kuje Correctional Centre in Abuja. A video circulating online captured the moment DSS officials arrested the former minister after he completed his bail conditions and exited the facility. …
The Economic and Financial Crimes Commission (EFCC) has denied claims that the ongoing investigation of former Attorney-General of the Federation (AGF) and Minister of Justice Abubakar Malami is politically motivated. The EFCC Chairman, Ola Olukoyede, said the agency operates professionally, handling cases without regard to political affiliation. He also revealed that he personally edited Malami’s …
Operatives of the Economic and Financial Crimes Commission (EFCC) have allegedly uncovered arms and ammunition at the residence of former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), in Birnin Kebbi, Kebbi State. The discovery has prompted a fresh security investigation into the source and legality of the weapons. According to a …
Chairman of Dangote Industries Limited (DIL), Aliko Dangote, has escalated an alleged corruption case against the former Managing Director of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA), Farouk Ahmed, at the headquarters of the Economic and Financial Crimes Commission (EFCC). The petition was submitted through Dangote’s legal representative, barely 24 hours after he …
The office of Abubakar Malami, SAN, has raised alarm over reports that government security agencies may attempt to rearrest the former Attorney General immediately upon his release, despite a court granting him bail. According to a statement issued by Malami’s media aide, Mohammed Bello Doka, the development “raises grave concerns about due process, the rule …
Ex-AGF, others given 14 days to show assets were lawfully acquired as court grants N1.5bn bail The Federal High Court in Abuja on Wednesday ordered the interim forfeiture of 57 properties allegedly linked to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), and members of his family. The properties, valued …
Justice Emeka Nwite of the Federal High Court, Abuja, on Wednesday granted bail to former Attorney General of the Federation and Minister of Justice Abubakar Malami (SAN) in the sum of N500 million in the money laundering case filed against him by the Federal Government. The judge directed Malami to produce two sureties who must …
CIG Motors Co. Ltd has fired Mr. Jubril Arogundade after completing an internal governance review. Arogundade had been suspended while the company investigated executive management practices. The review focused on responsibilities at the leadership level and is now concluded. PR Director Ifeanyi Abraham said the company has referred the findings to the Economic and Financial …
