President Bola Tinubu’s decision to direct the Economic and Financial Crimes Commission (EFCC) to return to court and seek the lifting of its freeze on Osun State government accounts has transformed a financial investigation into a much bigger political and institutional debate. The EFCC had obtained a court order freezing the account amid an investigation…
The Economic and Financial Crimes Commission (EFCC) has frozen an Osun State Government bank account over what it says are suspicious transfers linked to an investigation into the alleged diversion of about ₦11 billion in public funds. The investigation, which began in March, covers funds including ecology money, intervention funds and FAAC allocations. But the…
Nigerian courts have ordered the final forfeiture of billions of naira worth of assets linked to former Attorney-General of the Federation Abubakar Malami and businesswoman Aisha Achimugu, marking two of the country’s biggest civil asset recovery rulings in recent years. The decisions followed applications by the Economic and Financial Crimes Commission (EFCC), which argued the…
The Economic and Financial Crimes Commission (EFCC) has released prominent Obidient Movement supporters Peter Akah and Precious Oruche, popularly known as Mama Pee, after hours of questioning over allegations of naira abuse. The pair honored an invitation from the anti-graft agency on Wednesday and were interrogated for about 11 hours before being released around midnight….
A Federal High Court in Abuja has ordered the final forfeiture of 48 properties linked to former Attorney-General of the Federation and Minister of Justice, Abubakar Malami (SAN), after ruling that the Economic and Financial Crimes Commission (EFCC) established reasonable suspicion that the assets were acquired through proceeds of unlawful activities. The ruling was delivered…
The controversy surrounding the alleged Presidential Foreign Intervention Promotion Council (PFIPC) has intensified after the Senate declined to immediately investigate how the non-existent agency secured a ₦1.3 billion allocation in the 2026 budget, opting instead to await the outcome of an ongoing ICPC investigation ordered by President Bola Tinubu. The motion, sponsored by Senator Kawu…
Nigerian authorities have intensified their crackdown on security-related offences, with the Economic and Financial Crimes Commission (EFCC) preparing to arraign individuals and companies linked to terrorism financing, while a Kaduna court has ordered the remand of 24 suspects connected to recent violent community disturbances. The EFCC confirmed it is set to file charges against suspects…
