By Jemimah Wellington, JKNewsMedia Reporter ALLEGATIONS OF money laundering, asset concealment, and billion-naira oil bloc deals have escalated into a fierce legal showdown, with the Federal High Court in Abuja ordering the Economic and Financial Crimes Commission (EFCC) to release detained businesswoman Aisha Achimugu within 24 hours. A dram...
By Jemimah Wellington, JKNewsMedia Reporter ALLEGATIONS OF high-level financial misconduct surrounding a $25 million oil block deal and the operation of 136 bank accounts prompted the arrest of a Nigerian businesswoman, Aisha Achimugu, at Abuja’s Nnamdi Azikiwe International Airport on Tuesday morning. The Economic and Financial Crimes Commis...
By Bola BOLAWOLE God, grant me the serenity to accept things I cannot change, the courage to change the things I can, and the wisdom to know the difference – Reinhold Niebuhr. “THE SERENITY Prayer” is what the above quotation is generally called. The wisdom of my own elders that equates it says, “M’oja m’osa […]
By Jemimah Wellington, JKNewsMedia Reporter WIDESPREAD PUBLIC support for individuals accused of financial crimes is undermining Nigeria’s fight against corruption, EFCC Chairman Ola Olukoyede has warned. He criticised the contradiction in how Nigerians condemn corruption yet defend those facing prosecution. Speaking in Abuja on Friday during...
By JKNewsMedia CORRUPTION THREATENS the future of Nigerian students, and the Economic and Financial Crimes Commission (EFCC) has vowed to tackle it head-on. The agency, during a recent visit by students of Britmax International School to its Abuja headquarters, charged the youths to play a vital role in combating corruption and internet crimes...
By Jemimah Wellington, JKNewsMedia Reporter NIGERIA’s FEDERAL government has dropped money laundering charges against Tigran Gambaryan, an executive at Binance Holdings Limited. The decision comes months after Gambaryan’s arrest in February. He had been held following allegations tied to the cryptocurrency firm’s operations in Nigeria, i...
By Helen Okechukwu, JKNewsMedia Reporter EFCC CHAIRMAN, Ola Olukoyede has urged the National Open University of Nigeria (NOUN) to include anti-corruption courses in its curriculum. This appeal was made during a visit by NOUN’s leadership team, led by Vice-Chancellor Professor Olufemi Peters, to the EFCC headquarters in Abuja. During their meet...
By Joke Kujenya A FEDERAL Capital Territory High Court in Abuja granted bail to the former Governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele, in the sum of N300 million on Wednesday. JKNewsMedia reports that this decision came following his arraignment on allegations related to the unlawful redesign of the naira notes. [&helli...
By Joke Kujenya GODWIN EMEFIELE, the embattled former Governor of the Central Bank of Nigeria (CBN), faced the FCT High Court in Abuja on Wednesday, where he was arraigned by the Economic and Financial Crimes Commission (EFCC). Emefiele pleaded not guilty to a four-count charge involving allegations of financial impropriety, including approvin...
By Olaide Ajibola, JKNMedia Reporter CHAIRMAN of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has issued a directive to foreign missions operating in Nigeria, compelling them to cease conducting financial transactions in foreign currencies and instead adopt the Nigerian naira for their businesses. This decision is part o...
