A High Court of the Federal Capital Territory, FCT, sitting at Maitama, has ordered release of Emefiele from detention, despite objections from both the Attorney-General of the Federation, AGF, and the Economic and Financial Crimes Commission, EFCC.
Browsing: EFCC
ASHENEWS reports that the Economic and Financial Crimes Commission (EFCC) says it has arraigned 11 students of Obafemi Awolowo University, OAU over alleged involvement in internet fraud.
The Executive Chairman, Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has called on heads of tertiary institutions across the country to counsel their students against internet fraud.
Justice Olukayode Adeniyi of an FCT High Court has again ordered the Economic and Financial Crime Commission (EFCC) to either produce or release the embattled former Governor of the Central Bank of Nigeria (CBN), Mr Godwin Emefiele, on Nov. 8.
ASHENEWS reports that the Economic and Financial Crimes Commission (EFCC) has announced a ban on string operations at night.
A Federal High Court (FHC), Abuja, on Monday, ordered the Economic and Financial Crimes Commission (EFCC) and Central Bank of Nigeria (CBN) to immediately transfer the sums of $9.8 million and £74,000 recovered from Mr Andrew Yakubu, former Group Managing Director (GMD) of the Nigerian National Petroleum Corporation (NNPC) to an account under the control of the chief registrar of the court.
The House of Representatives has asked the Economic and Financial Crime Commission (EFCC) to investigate the conduct of all legal and other services providers involved in the P&ID deal.
The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede has directed the staff of the Commission to declare their assets.
The Economic Financial Crimes Commission (EFCC) investigates people in all sectors who appear to be living above their means, and is empowered to investigate and prosecute money laundering, advance fee fraud, counterfeiting, illegal fund transfers, futures market fraud, contract scam, etc; the coordination and enforcement of all economic and financial crimes laws. The establishment of the Commission in April 2003 was partly in response to pressure from the Financial Action Task Force (FATF) on Money Laundering.
Since their creation, the Economic and Financial Crimes Commission (EFCC) and Independent Corrupt Practices and Other Related Offences Commission (ICPC), have always been mired in controversy and blemished by political influence. From the appointment of the heads to their activities, the anti-graft agencies are also troubled, as much as they trouble alleged offenders, in addition to subtle institutional rivalry between them and the Attorney General’s office.