A Federal High Court sitting in Lagos has granted the final forfeiture of ₦335 million, Galaxy Hospital, five petrol stations, and multiple landed properties linked to an alleged fraud case under investigation by the Economic and Financial Crimes Commission (EFCC). The judgment, delivered in July 2025, followed the commission’s application after an earlier interim forfeiture
Former Governor of the Central Bank of Nigeria (CBN), Godwin Emefiele, was on Friday arraigned before a High Court of the Federal Capital Territory (FCT) over allegations linked to the acquisition of 753 duplexes in Abuja. The arraignment, brought by the Economic and Financial Crimes Commission (EFCC), is part of ongoing investigations into suspected large-scale
Fidelity Bank Plc has firmly denied any wrongdoing in the ₦32 billion fraud case brought before the Supreme Court, describing the allegations as baseless and part of a calculated attempt to smear the bank’s reputation and undermine public trust. In a statement released by the bank, Fidelity confirmed that it is aware of an ongoing
The United States has successfully extradited a 41-year-old Nigerian national, along with 13 other fugitives from 10 different countries, to face trial for various fraud-related charges. This move demonstrates the US government’s commitment to combating transnational crime and bringing perpetrators to justice. The extradition is part of a broader effort by US authorities to crack
Two US-based Nigerians, Solomon Aluko and Nosakhare Nobore, along with four accomplices, face up to 62 years in prison after being arraigned in a New York court for allegedly defrauding the US government of $50 million. Fraud SchemeAccording to a US Department of Justice document, the suspects engaged in a cheque fraud scheme, using stolen
