Tuesday, December 18Penning issues that shape nations...

Tag: Economic and Financial Crimes Commission

Benedict Peters: Court Grants “Stay Of Action” Against UK Crime Agency, EFCC, Others In Alleged “Racially” Induced Case

Benedict Peters: Court Grants “Stay Of Action” Against UK Crime Agency, EFCC, Others In Alleged “Racially” Induced Case

METRO, NEWS
A High Court sitting in the Federal Capital Territory, Abuja, on Monday June 25, 2018, ordered the National Crime Agency of the United Kingdom, The Crown Prosecution Service (UK) alongside other foreign-based defendants and the Economic and Financial Crimes Commission (EFCC) to maintain the status quo in a case against Aiteo Boss, Billionaire Benedict Peters until the hearing of the substantive suit. In a document emailed to BigPen Online on Wednesday, Benedict Peters is however demanding $5billion in compensation, for what he describes as a series of unlawful and fraudulent conspiracies allegedly organised by the EFCC, AGF, the National Crime Agency and Crown Prosecution Service (UK) and individuals, Helen Hughes, Stacey Boniface, and John Bavister, “to expropriate by intimidation,
EFCC Opens Trial Against Senator Nwaoboshi

EFCC Opens Trial Against Senator Nwaoboshi

NEWS
  The Economic and Financial Crimes Commission (EFCC) on Wednesday opened its case against the lawmaker representing Delta North district at the National Assembly, Senator Peter Nwaoboshi, Channels TV is reporting. Nwaoboshi, a member of the Peoples Democratic Party (PDP), is facing a two-count of conspiracy and money laundering instituted by the EFCC. At the Federal High Court sitting in Lagos, the EFCC called two prosecution witnesses in proof of its charges against the senator. The first witness, one Prince Kpokpogri, said he petitioned the EFCC after he received an anonymous call and some documents at his office in Asaba, Delta State. Kpokpogri, who runs a non-governmental organisation and a real estate firm, added that he was subsequently invited to the anti-gr...
EFCC Says It Recovers N220 Million In South South Within Five Months

EFCC Says It Recovers N220 Million In South South Within Five Months

NEWS
  The Economic and Financial Crimes Commission (EFCC), says it recovered N220 million from fraud and corrupt cases in the South South zone in the last five months. Nnagh Itam, the South South Zonal Director of EFCC, said this while briefing journalists in Port Harcourt, Rivers State, on Tuesday He also said the commission had received about 166 complaints, in addition to already existing cases. “We received 166 complaints from the zone from January till date and we have charged 28 of the cases to court and secured about 13 convictions. “Within this period too, we have recovered little above N220 million and $15,000. “We are still investigating some of the matters we have before us,’’ he said. The EFCC boss also dismissed claims alleged by the Rivers State Gove
EFCC To Investigate Bank Account Of ‘Unscrupulous Customers’ Ahead 2019 General Election

EFCC To Investigate Bank Account Of ‘Unscrupulous Customers’ Ahead 2019 General Election

NEWS
Ahead the 2019 general elections, the acting chairman of the Economic and Financial Crimes Commission, Ibrahim Magu, has said the commission would investigate bank account of some individuals suspected to be involved in shady deals. “I know there are questions you can’t ask, particularly if it involves some individuals, but if you give us information on such people, we will move in. If there are fundamental issues that can affect your banks, you can give us the information, especially as another election season approaches, Magu was quoted to have said on Tuesday, last week. A statement by the EFCC Spokesperson, Wilson Uwujaren, quoted Mr Magu as saying that the move would help curb the level of corruption in the country. Specifically, Mr Magu also asked banks to provide a list
Buhari Engages Foreign Assets Tracing Firms To Investigate, Trace Assets Corruptly Acquired

Buhari Engages Foreign Assets Tracing Firms To Investigate, Trace Assets Corruptly Acquired

NEWS
  President Muhammadu Buhari says his administration have retained the services of one of the world’s leading assets tracing firms to investigate and trace assets globally that were corruptly acquired by Nigerians. The President dropped this hint in his Democracy Day address to the nation on Tuesday. According to him, the development was part of the various policy measures already put in place to stem the tide of corrupt practice which be said are yielding remarkable results. Besides engaging the foreign firms, his administration is also exploiting the provisions of existing Treaties, Conventions as well as Bilateral Agreements with Multilateral bodies and Nations in the fight against corruption, he said. "We have retained the services of one of the world’s leading
2019: INEC Says Aspirants Facing EFCC, Other Charges In Court Can Contest

2019: INEC Says Aspirants Facing EFCC, Other Charges In Court Can Contest

NEWS, POLITICS
The Independent National Electoral Commission (INEC) has said that Aspirants facing charges by the anti-corruption agencies, especially the Economic and Financial Crimes Commission (EFCC) and others can contest in the 2019 general election. The Commission said it has no powers to disqualify any candidate submitted by the political parties for the nomination. This is coming following wide spread rumour that INEC would disqualify politicians with court cases from contesting future elections in Nigeria. Speaking to PRNigeria, the National Commissioner in charge of Publicity of INEC, Prince Adedeji Solomon Soyemi said that those peddling such rumours are mere busy-bodies aimed at scaring their likely opponents from contesting. The speculations recently gained ground when anti-c...
I Don’t Care If I Go To Prison – Nwaoboshi

I Don’t Care If I Go To Prison – Nwaoboshi

NEWS, NIGER DELTA
  ... Says APC Govt Behind His Travail Senator Peter Nwaoboshi, the lawmaker representing Delta North Senatorial District at the red chamber, has said that he no longer care if he was eventually jailed in the process of his ongoing alleged corruption trial by the Economic and Financial Crimes Commission, (EFCC). Nwaoboshi, stated this during the Delta North PDP meeting which was held on Friday 11th May, 2018, at Orchid Hotel in Asaba. According to the Senate Committee Chairman on NDDC, the APC Government under President Muhammadu Buhari is behind his travail. Nwaoboshi who was intermittently booed by the people while trying to explain his achievements within the period in the Senate, stated that he was not begging Anioma people for vote for a second term, declaring ...
“Corrupt” Senator Sighted With Governor Okowa In Ika

“Corrupt” Senator Sighted With Governor Okowa In Ika

NEWS, POLITICS
      The senator representing Delta North Senatorial District, Peter Nwaoboshi currently being charge for corruption and other related offences was sighted in Owa-Oyibu, Ika North-East in company of Governor Ifeanyi Okowa of Delta state. He was seen at the funeral rite of Queen Efeizomor, wife of the Chairman of Delta State Traditional Rulers Council sitting in same chair with the Governor. The social event which was attended by former political office holders in the state including former Governor, Chief James Ibori, Emmanuel Uduaghan and other bigwigs of the PDP is the first public appearance of Nwaoboshi. Nwaoboshi was granted bail on self recognition by the Federal High Court in Lagos on Friday. The lawmaker is being charged with an alleged frau
N322m Fraud: Court Grants Delta Senator, Nwaoboshi Bail On Self Recognition

N322m Fraud: Court Grants Delta Senator, Nwaoboshi Bail On Self Recognition

METRO, NEWS
  The Federal High Court in Lagos on Friday granted bail on self-recognizance to the senator representing Delta North in the National Assembly, Peter Nwaoboshi, who was charged with an alleged fraud of N322m. Justice Mohammed Idris instructed him to get two sureties who will each sign a bail bond of N50m within 72 hours. The lawmaker was also asked to deposit his passport in the custody of the court pending the conclusion of the case. The judge stressed that he should not travel out of the country without the court’s permission until the end of the case. Justice Idris adjourned till June 13 and 20, 2018 for commencement of trial. Nwaoboshi walked out of the courtroom, greeted with shouts of “Oshimiri 1” by his legion of loyalists. The Economic and Financial Cr
N6bn Fraud: EFCC Confirms Arrest Of Ibori’s Ally, Nwaoboshi

N6bn Fraud: EFCC Confirms Arrest Of Ibori’s Ally, Nwaoboshi

METRO, NEWS
  The Economic and Financial Crimes Commission has confirmed that the arrested of the senator representing Delta-North Senatorial District, Senator Peter Nwaoboshi, for an alleged fraud of N6bn. The EFCC spokesman, Mr. Wilson Uwujaren, confirmed this in a telephone conversation with the PUNCH on Monday. “The senator is currently in our custody. He was arrested over the weekend,” Uwujaren said. Nwaoboshi, who is a professed loyalist of convicted former governor of Delta State, James Ibori, has been on the radar of the EFCC for nearly two years following a series of petitions written against him. He had, however, shunned several petitions until he was eventually arrested. In one of such petitions, it was alleged that the lawmaker, who is the Chairman of the Senate