The Economic and Financial Crimes Commission (EFCC) has formally arraigned two operators of the embattled Crypto Bridge Exchange (CBEX), Avwerosuo Otorudo and Chukwuebuka Ehirim, before the Federal High Court in Abuja over their alleged involvement in a staggering $1 billion cryptocurrency investment fraud. The accused appeared before Justice Mohammed Umar on Monday, facing a three-count
The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has expressed deep concern over the increasing involvement of Nigerian youths in internet-related crimes, describing the development as a major threat to the country’s economy and international reputation. Speaking through the Acting Zonal Director of the Commission in Benin, Assistant Commander I,
July 7, 2025 The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 1, on Monday, July 7, 2025, arraigned two individuals, Abel Egerton Sokari and Nkiruka Chukwuma, alongside a company, Zakah Global Investment Limited, before Justice Mojisola Dada of the Special Offences Court, Ikeja, Lagos. The defendants were brought before the court on a
A key witness in the ongoing EFCC prosecution has alleged that former Aviation Minister Hadi Sirika awarded lucrative contracts to a company linked to his daughter and son‑in‑law, bypassing open bidding and favouring family interests. Retired Ministry of Aviation procurement director Musa Odiniyan testified that Al Buraq Global Investment Limited, operated by Sirika’s daughter Fatima and
The Ilorin Zonal Command of the Economic and Financial Crimes Commission (EFCC) has arraigned one Olamilekan Basit, a truck driver, before Justice Abimbola Awogboro of the Federal High Court sitting in Ilorin, Kwara State, for allegedly conveying assorted solid minerals without lawful documentation. According to details provided by the anti-graft agency, the accused was intercepted
Ilorin, July 2, 2025 — The Economic and Financial Crimes Commission (EFCC), through its Ilorin Zonal Directorate, has arraigned a truck driver, Olamilekan Basit, before the Federal High Court in Ilorin for allegedly transporting assorted solid minerals without lawful authorization. Basit was brought before Justice Abimbola Awogboro on charges bordering on the illegal movement of
Abuja – June 30, 2025 The Economic and Financial Crimes Commission (EFCC) has confirmed the arrest of 74 suspected internet fraudsters in a major operation conducted in Nyanya, a suburb of the Federal Capital Territory (FCT), Abuja. According to a statement released by the Commission, the suspects were apprehended in the early hours of Monday,
A Nigerian lawyer, Joshua Ijaodola, has dragged the Federal Government before the Federal High Court in Abuja, seeking to invalidate the laws establishing the Economic and Financial Crimes Commission (EFCC) and the Nigeria Security and Civil Defence Corps (NSCDC), alleging that both institutions are unconstitutional. The suits, which were filed separately on June 24, 2025,
Abuja, Nigeria — June 2025 The Economic and Financial Crimes Commission (EFCC) has filed a formal objection to an application by former Kogi State Governor, Yahaya Adoza Bello, seeking the court’s permission to travel abroad for medical treatment. Bello, who is currently facing trial over alleged involvement in the misappropriation of ₦80.2 billion belonging to
In a major anti-corruption bust, the Economic and Financial Crimes Commission (EFCC) has arrested a former Chief Financial Officer of the Nigerian National Petroleum Company Limited (NNPCL), Umar Ajiya Isa, over a massive $7.2 billion scandal involving Nigeria’s long-abandoned refinery rehabilitation projects. It was gathered on Monday that Isa, who served as NNPCL’s CFO, is
