33 h. ago EFCC traces over $300,000 laundered money to arrested ‘Yahoo boy’ suspect

From Sola Ojo, Abuja The Economic and Financial Crimes Commission (EFCC), has traced money laundering activities in excess of $300,000 (three hundred thousand United States Dollar) to a suspected internet fraudster. EFCC Spokesman, Dele Oyewale, who confirmed this to newsmen in Abuja on Tuesday said the investigation into the suspicious activities link to the suspects […] The post EFCC traces over $300,000 laundered money to arrested ‘Yahoo boy’ suspect appeared first on The Sun Nigeria.

Politics

58 h. ago Money Laundering : Bank asks court to halt N’Assembly, police probe

By Lukman Olabiyi Justice Daniel Osiagor of the Federal High Court, Lagos has scheduled July 18, 2025, for the hearing of a suit filed by Sterling Bank Limited and its affiliates challenging the authority of the House of Representatives to investigate the management of funds in the accounts of two of its customers, Dr. Innocent […] The post Money Laundering : Bank asks court to halt N’Assembly, police probe appeared first on The Sun Nigeria.

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6 d. ago EFCC arraigns maize processing CEO for N21.5m money laundering in Yobe

From Sola Ojo, Abuja The Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) arraigned Ibrahim Lafiya, CEO of I.U Lafiya Maize Processing Ventures and I.U Maize Processing Ventures, alongside his companies, before Justice Fadimatu Aminu of the Federal High Court in Damaturu, Yobe State, on a one-count charge of money laundering involving […] The post EFCC arraigns maize processing CEO for N21.5m money laundering in Yobe appeared first on The Sun Nigeria.

Politics

7 d. ago Aisha Achimugu makes court appearance in alleged money laundering case

Businesswoman Aisha Achimugu was presented before the Federal High Court in Abuja by operatives of the Economic and Financial Crimes Commission (EFCC) in the alleged money laundering case. Daily Sun reported that Achimugu was apprehended and detained by EFCC operatives after she was ordered by Justice Inyang Ekwo to honour the invitation by the anti-graft […] The post Aisha Achimugu makes court appearance in alleged money laundering case appeared first on The Sun Nigeria.

Politics

8 d. ago EFCC Arrests Aisha Achimugu At Abuja Airport Over Money Laundering Allegations

The Economic and Financial Crimes Commission (EFCC) has apprehended Aisha Achimugu, the managing director and CEO of Felak Concept Group, at the Nnamdi Azikiwe International Airport in Abuja. Achimugu was arrested at around 5 a.m. on Tuesday upon her arrival in Nigeria from London. Her lawyer, Chikaosolu Ojukwu, confirmed the arrest in a statement issued […] The post EFCC Arrests Aisha Achimugu At Abuja Airport Over Money Laundering Allegations appeared first on Information Nigeria.

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9 d. ago S’Court overturns federal high court ruling against Union bank in N22trn case

The Supreme Court has nullified a Federal High Court judgment that had, since 2014, ordered Union Bank and other defendants read more S’Court overturns federal high court ruling against Union bank in N22trn case

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1 week ago EFCC arraigns Lexicon Multiconcept Media CEO for N459m fraud

From Sola Ojo, Abuja The Economic and Financial Crimes Commission (EFCC) has arraigned Osabohem Alex Ologbosele, CEO of Lexicon Multiconcept Media Limited, his company, and employee Augustine Osas Iyoha before Justice E. Akpan of the Federal High Court in Abuja. They face six amended charges of fraud, obtaining under false pretences, and money laundering involving […] The post EFCC arraigns Lexicon Multiconcept Media CEO for N459m fraud appeared first on The Sun Nigeria.

Politics

1 week ago N1.3bn fraud: Jude Okoye meets bail conditions, regains freedom

By Seyi Babalola Jude Okoye, Psquare’s former manager, has been freed from Ikoyi prison after meeting his bail terms in an ongoing N1.38 billion money laundering trial. Jude, the eldest brother of music artists Peter and Paul Okoye, and his firm, Northside Music Limited, are facing a seven-count prosecution before A. Owoeye of the federal […] The post N1.3bn fraud: Jude Okoye meets bail conditions, regains freedom appeared first on The Sun Nigeria.

Politics

2 w. ago Police Probe Killing Of Comfort Omoge’s Grandson By Scavenger In Ondo

Following the tragic death of Prince OgoOluwa Omoge, grandson of the late music icon, Comfort Omoge, the Ondo State Police Command said it has commenced an investigation into the incident. LEADERSHIP gathered that the incident reportedly occurred on Friday along the Ayeka/Igbokoda Expressway in Okitipupa, Okitipupa Local Government Area. While it was gathered that a […]

Events

2 w. ago Police Begin Probe Of Alleged Attack On Senator Natasha’s Family Home In Kogi

The Kogi State Police Command said it has commenced investigation into the alleged attack on the family house of Senator Natasha Akpoti-Uduaghan in Obeiba-Ihima, in Okehi local government area of Kogi State. The investigation, according to the Police Public Relations Officer (PPRO) of the Command, SP William Ovye Aya, followed media reports that the house […]

Events

3 w. ago Ponzi scheme: Court seizes N6.6bn Livingtrust shares, N42.4m linked to Cititrust

Justice F. N. Ogazi of the Federal High Court sitting in Ikoyi, Lagos, has ordered the final forfeiture of 2,041,087,747 units of shares in Livingtrust Mortgage Bank Plc, formerly known as Omoluabi Mortgage Bank Plc, valued at N6,674,356,932.69. The court also ordered the forfeiture of N42,461,096.66 and $26.44, all traced to Cititrust Holdings Plc and Read More

Politics

3 w. ago Court orders final forfeiture of Livingtrust Mortgage Bank’s N6.6bn shares, N42.4m, $26.44 in Lagos

From Sola Ojo, Abuja On Tuesday, April 15, Justice F.N. Ogazi of the Federal High Court in Ikoyi, Lagos, ordered the final forfeiture of 2,041,087,747 units of Livingtrust Mortgage Bank Plc shares, valued at N6,674,356,932.69, along with N42,461,096.66 and $26.44 in funds. The Economic and Financial Crimes Commission (EFCC) traced these assets to Cititrust Holdings […] The post Court orders final forfeiture of Livingtrust Mortgage Bank’s N6.6bn shares, N42.4m, $26.44 in Lagos appeared first on The Sun Nigeria.

Politics

3 w. ago Alleged N1.3bn fraud: How my rift with Jude Okoye started – Peter Okoye

Peter Okoye, a former member of the defunct music duo P-Square, testified in the N1.3 billion fraud case against his older brother, Jude Okoye on Monday. Jude Okoye is standing trial on a seven-count charge, including fraud and money laundering, based on a petition written by Peter Okoye through the Economic and Financial Crimes Commission […] The post Alleged N1.3bn fraud: How my rift with Jude Okoye started – Peter Okoye appeared first on The Sun Nigeria.

Politics

3 w. ago Nigerians arrested as Indian police bust international drug ring

Two Nigerians and a local forex agent have been arrested in Hyderabad, India, as police uncovered a transnational drug trafficking and money laundering syndicate with links to the United States and Nigeria, The Hindu Newspapers reports. The suspects, identified as Ugwu Ikechukwu (alias Emma) and Chukwu Ogbonna (alias Big Joe), were arrested by the Telangana Read More

Events

3 w. ago Delta CP orders probe as police allegedly convert stolen car to patrol vehicle

By John Ogunsemore The Delta State Police Commissioner, CP Olufemi Abaniwonda has ordered an investigation into allegations that the Ekpan Division converted a stolen car into a patrol vehicle. Police Public Relations Officer (PPRO), SP Bright Edafe disclosed this in an X post on Wednesday. A concerned citizen, @ChuksEricE had taken to the platform to […] The post Delta CP orders probe as police allegedly convert stolen car to patrol vehicle appeared first on The Sun Nigeria.

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