34 h. ago Three Nigerians In U.S. Face 60 Years Sentence For Alleged $4.5m Money Laundering

Three US-based Nigerians, Olumide Olorunfunmi, Samson Amos, and Emmanuel Unuigbe, face a possible combined 60-year jail sentence for alleged money laundering amounting to $4.5 million. The trio is accused of engaging in fraudulent financial activities, which led to significant financial losses. US authorities have charged them with multiple counts of money laundering, wire fraud, and […] The post Three Nigerians In U.S. Face 60 Years Sentence For Alleged $4.5m Money Laundering appeared first on Information Nigeria.

Politics

52 h. ago Achimugu Responds To EFCC’s Wanted Notice, Insists On Due Process

Aisha Achimugu, CEO and managing director of Felak Concept Group, has responded to the Economic and Financial Crimes Commission’s (EFCC) decision to declare her wanted over alleged money laundering. On Friday, the EFCC called on the public to report any information regarding Achimugu’s whereabouts. The EFCC stated Achimugu was declared wanted in a “case of […] The post Achimugu Responds To EFCC’s Wanted Notice, Insists On Due Process appeared first on Information Nigeria.

Politics

64 h. ago Achimugu: 20 Lawyers, Activists Drag EFCC To Court For Declaring Businesswoman Wanted, Invasion Of Home

20 constitutional lawyers and activists led by Barr. Okere Kingdom, on behalf of a consortium of human rights/constitutional lawyers, have vowed to commence multiple legal actions in Court to quash the allegations of criminal conspiracy, money laundering against foremost businesswoman, Aisha Achimugu. LEADERSHIP recalls that the Economic and Financial Crimes Commission (EFCC) had few days […]

Events

4 d. ago “Real Estate In Nigeria Is Haven For Money Laundering” – Patrick Doyle

Veteran actor Patrick Doyle has stated that the real estate sector in Nigeria is being used to facilitate financial crimes. He claimed that real estate is the primary channel for money laundering in Nigeria. He made these claims during a recent interview on Echo Room with host Quincy Jones, which was uploaded on YouTube on […] The post “Real Estate In Nigeria Is Haven For Money Laundering” – Patrick Doyle appeared first on Information Nigeria.

Politics

4 d. ago EFCC declares bizwoman, Aisha Achimugu wanted after rejecting invitation

A businesswoman and socialite, Aisha Achimugu, has been declared wanted by the Economic and Financial Crimes Commission. Saturday PUNCH gathered that the EFCC had summoned the socialite to appear at its Port Harcourt office on March 25, 2025 over alleged money laundering and a high-profile investment scam. The invitation letter, dated March 4 and signed Read More

Politics

4 d. ago Arewa Youths Condemn EFCC’s Declaration Of Aisha Achimugu Wanted, Says It’s Persecution

The Arewa Youths Consultative Forum has strongly condemned the Economic and Financial Crimes Commission’s (EFCC) decision to declare businesswoman Aisha Sulaiman Achimugu wanted over allegations of criminal conspiracy and money laundering. Recall that EFCC’s Head of Media & Publicity, Dele Oyewale, had signed a notice declaring Achimugu’s wanted on the commission’s official social media platforms […]

Politics

4 d. ago EFCC Declares Businesswoman Aisha Achimugu Wanted Over Alleged Money Laundering

The Economic and Financial Crimes Commission has issued a wanted notice for businesswoman and socialite Aisha Achimugu. Dele Oyewale, the agency’s spokesman, said this in a circular shared via the EFCC’s X handle on Friday. The EFCC stated that Aisha Achimugu is wanted in connection with an alleged case of criminal conspiracy and money laundering. […] The post EFCC Declares Businesswoman Aisha Achimugu Wanted Over Alleged Money Laundering appeared first on Information Nigeria.

Economics

4 d. ago EFCC declares Aisha Achimugu wanted for alleged money laundering

The Economic and Financial Crimes Commission (EFCC) has declared Aisha Achimugu, a businesswoman and socialite, wanted over allegations of criminal read more EFCC declares Aisha Achimugu wanted for alleged money laundering

Politics

5 d. ago EFCC declares socialite Aisha Achimugu wanted for alleged money laundering

The Economic and Financial Crimes Commission has declared businesswoman and socialite Aisha Achimugu wanted. The agency’s spokesman, Dele Oyewale, made this known in a circular released via the EFCC’s X handle on Friday. According to the EFCC, Achimugu is wanted by the agency in an alleged case of criminal conspiracy and money laundering. The circular Read More

Politics

5 d. ago Money laundering: Customs to launch electronic system for cash declarations at airports

The Nigeria Customs Service (NCS) is set to introduce an electronic declaration system to streamline and enhance compliance for travelers carrying cash into or out of Nigeria. Speaking in an interview with the News Agency of Nigeria (NAN) in Abuja, Abdullahi Maiwada, NCS spokesperson, emphasized that the initiative aligns with efforts to strengthen Nigeria’s anti-money […] The post Money laundering: Customs to launch electronic system for cash declarations at airports appeared first on The Sun Nigeria.

Economics

7 d. ago EFCC arraigns Okorie Sunday over $578,000 money laundering charge

From Sola Ojo, Abuja The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission (EFCC), Okotie Eboh, Ikoyi, Lagos, on Tuesday, March 25, 2025, arraigned a suspect, Okorie Sylvernus Sunday, arrested at the Murtala Muhammed International Airport, Ikeja, Lagos, by the Nigeria Customs Service (NCS) with $578,000. According to the Head of Media […] The post EFCC arraigns Okorie Sunday over $578,000 money laundering charge appeared first on The Sun Nigeria.

Politics

8 d. ago Four Bank Employees Arrested In Lagos For ₦270m International Fraud

The Lagos State Police Command has taken four bank employees into custody for allegedly participating in a complex fraud and money laundering operation that siphoned over £138,924 (more than ₦270 million) from international airline accounts. CSP Benjamin Hundeyin, the command’s spokesperson, confirmed the arrests during a news briefing on Monday at the state police headquarters […] The post Four Bank Employees Arrested In Lagos For ₦270m International Fraud appeared first on Information Nigeria.

Politics

2 w. ago SGF distances self as aide faces money laundering, bribery probe

The Secretary to the Government of the Federation, George Akume, has distanced himself from the ongoing investigation of his Personal Assistant, Andrew Uchi, by the Economic and Financial Crimes Commission. According to reports, Uchi is being detained by the anti-graft agency over allegations of corruption, bribery, and money laundering amounting to approximately N10 billion. He Read More

Politics

2 w. ago EFCC Arraigns Couple, 2 Others For ‘Impersonating’ Katsina First Lady In N197m Fraud

The Economic and Financial Crimes Commission (EFCC) has arraigned a couple: Baba Sule Abubakar Sadiq and Hafsat Kabir Lawal, alongside two others, Abdullahi Bala and Ladani Akindele, before Justice Amina Bello of the Kaduna State High Court for obtaining money by false pretense, money laundering and stealing to the tune of N197,750,000. They were arraigned […]

Politics

3 w. ago Alleged $20m fraud: Adeleke insists on probe as APC defends Oyetola

The Osun State chapter of the All Progressives Congress has dismissed allegations of a $20m fraud levelled against former Governor Adegboyega Oyetola by his successor, Governor Ademola Adeleke. Adeleke, in a petition submitted to the Economic and Financial Crimes Commission  last week, accused Oyetola of money laundering and violations of the Public Procurement Act. But Read More

Politics

3 w. ago Court convicts woman for smuggling $1,154, 900, SR135, 900 into Nigeria

From Desmond Mgboh,Kano Awoman, Hauwa Abdullahi Ibrahim has been convicted for smuggling $1,154,900 and 135,900 Saudi Riyals from Saudi Arabia into Nigeria. Hauwa was jailed after pleading guilty to a two-count charge of money laundering before Justice S.M Shuaibu of the Federal High Court sitting in Kano. Hauwa was arrested by officers of the Nigeria […] The post Court convicts woman for smuggling $1,154, 900, SR135, 900 into Nigeria appeared first on The Sun Nigeria.

Politics

3 w. ago Court convicts woman for smuggling 1,154,900 dollars, 135, 900 Riyals into Nigeria

From Desmond Mgboh,Kano The Economic and Financial Crimes Commission, has secured the conviction of one Hauwa Abdullahi Ibrahim for smuggling a total of $1,154,900 and 135,900 Saudi Riyals from Saudi Arabia into Nigeria. Hauwa was jailed after pleading “guilty” to a two-count charge of money laundering before Justice S.M Shuaibu of the Federal High Court […] The post Court convicts woman for smuggling 1,154,900 dollars, 135, 900 Riyals into Nigeria appeared first on The Sun Nigeria.

Politics

3 w. ago CJN seeks judicial collaboration to remove Nigeria from FATF grey list

The Chief Justice of Nigeria, Justice Kudirat Kekere-Ekun, has urged judges to take a leading role in the fight against financial crimes and ensure that the nation’s legal system does not become a facilitator of illicit financial flows. She made this call in Abuja during a sensitisation programme on anti-money laundering, combating the financing terrorism, Read More

Politics

3 w. ago Alleged Fraud: Yahaya Bello’s Name Not In Account Opening, Withdrawals – EFCC Witness

The Federal High Court in Abuja yesterday adjourned the alleged money laundering case instituted by the Economic and Financial Crimes Commission (EFCC) against the immediate past Governor of Kogi State, Yahaya Bello, to today, Friday, March 7, 2025, for the continuation of trial. When the matter was called, the EFCC’s counsel, Kemi Pinheiro, SAN, called […]

Politics

3 w. ago Yahaya Bello not linked to account withdrawals — court witness

Justice Emeka Nwite of the Federal High Court in Abuja has adjourned the alleged money laundering case filed by the read more Yahaya Bello not linked to account withdrawals — court witness

Politics