Tag: EFCC

  • Court dismisses EFCC application on Fayose’s accounts

    A Federal High Court sitting in Ado-Ekiti on Tuesday dismissed an application filed by the Economic and Financial Crimes Commission (EFCC) for stay of execution of the judgment ordering it to unfreeze the two accounts of Governor Ayo Fayose domiciled at Zenith Bank.

    The presiding judge, Justice Taiwo Taiwo said the application filed by the EFCC to stay the execution of the matter lacks merit.

    The EFCC had on June 21, 2016 froze Fayose’s two accounts with Zenith Bank, alleging that they emanated from the arms funds allegedly siphoned by former National Security Adviser (NSA), Col. Sambo Dasuki (retd).

    The EFCC filed an application at the court on December 15, 2016 seeking a stay of execution of the judgment pending the determination of the case at the Court of Appeal.

    Justice Taiwo had on December 13, 2016 ruled against the EFCC, saying the commission’s actions violated Section 308 of the 1999 Constitution (as amended) and ordered the anti-graft agency to unfreeze the accounts with immediate effect

    A day after the judgment, Fayose stormed the Ado Ekiti branch of Zenith Bank, served the officials of the bank with a copy of the judgment and withdrew N5 million from the accounts.

    The judge said the court cannot stay action on a judgment that had been executed, adding that the EFCC decision to freeze the governor’s accounts amounts to breach of the provisions of Section 308, 1999 CFRN (amended).

    “Once a judgment is being executed, you cannot stay the execution again,” Justice Taiwo said.

  • SANs disagree on Magu

    SANs disagree on Magu

    Senior lawyers yesterday disagreed on the implications of President Muhammadu Buhari’s re-nomination of Ibrahim Magu as the chairman of the Economic and Financial Crimes Commission (EFCC).

    Last Monday, the president sent a letter to the Senate requesting it to confirm Magu saying there was no evidence linking the acting chairman of EFCC to any act of corruption.

    Senior Advocates of Nigeria (SANs), Seyi Sowemimo and Abiodun Owonikoko offered divergent views on the renomination.

    Sowemimo said from what he had read in the papers, the president had said there was no evidence to back the allegations against Magu.

    He said: “You will realise too that some foreign governments, especially the American Embassy with its Ambassador and officials have visited Magu and their impression is that there is nothing damming against him and that it’s an attempt to frustrate the anti-corruption crusade.

    “If the Presidency comes out and says it has looked at the DSS’s concerns and gives him a clean bill of health, I don’t think the DSS will contradict the president.

    “The Senate too, the last time they considered the matter, said if the DSS comes with a different finding, they would consider him. I think that is what has been done now; so, I don’t really think there should be more problems concerning Magu’s confirmation.

    “The scenario is being painted that those who are opposing Magu are those who want to kill the anti-corruption drive, especially with the support given by the foreign bodies.”

    But Owonikoko’s sentiments differed. He said that the appointment of te chairman of the EFCC is governed by “divided” authorities, meaning that the president nominates; the parliament confirms.

    “Each of these two arms of government has its own exclusive role under the EFCC Act. So, the president, having done his bit, is not in a position to dictate to parliament how it will carry out its own function, which is confirmation.

    “Confirmation is a prerogative of parliament and it can be assisted but cannot be dictated to in coming to a decision.

    “In a properly functioning constitutional government once parliament rejects a candidate, while the law does not prevent, it is no longer appropriate – if there should be harmonious and reciprocal respect for both arms of government – for the president to continue to nominate the same person as if the country is short of materials.

    “So, the dilemma we have is that the department of government that is saddled with the responsibility of conducting checks on potential nominees to public offices has given its own verdict. The National Assembly has accepted its verdict. I think the only option left is for Mr Magu to challenge the DSS report in court to dispute what they have said.”

    He advised the Presidency not to personalise the issue, “otherwise we are going to have ourselves in a legal logjam”. “Other members of the commission were, from my recollection, cleared by the Senate. Will they now be holding meetings of the commission to be chaired by a person that the Senate has rejected as chairman?

    “And can the acting chairman whose nomination has been rejected still continue to perform the functions of that office in defiance of the clear provisions of the law that you can only occupy that office if you are confirmed?”

  • Reps urge EFCC to investigate ‘movement’ of N4bn from Keystone Bank

    The House of Representatives on Monday urged the Economic and Financial Crimes Commission (EFCC) to commence investigation into an alleged illegal movement of N4 billion from Industrial Trust Fund’s (ITF) account domiciled in Keystone Bank.

    The Vice Chairman, Public Accounts Committee, House of Representatives, Ibrahim Baba, made the call following a query issued by the Office of the Auditor-General of the Federation, the News Agency of Nigeria (NAN) reports.

    According to the query dated December 2010, a total sum of N4.2 billion was illegally moved three times in November from ITF account to other accounts, all belonging to same agency.

    The OAGF questioned the propriety of moving the money without remitting N23.5 million interest accruing from the transactions to the agency’s account.

    It also sought to ascertain who authorised the transactions and for what purpose.

    Responding to the query, the Director-General and Executive Chai ITF, Mr. Joseph Ari, said the transactions were made without the authorisation of the agency.

    Ari said the bank in its response to the query in May 2012 said the withdrawal from ITF’s remital control account was done in error.

    According to Ari, Keystone’s position was that it was a wrong posting but was later corrected.

    “However within the days the money was moved, ITF wrote Keystone Bank to remit the interest to the account accordingly but the bank didn’t reply.

    “We reported the matter to the Central Bank of Nigeria (CBN) and the CBN advised that parties should sit down and discuss the matter.

    “However, we sat down with keystone officials without finding solution,’’ Ari said.

  • DSS, EFCC, others for flouting court orders

    DSS, EFCC, others for flouting court orders

    The House of Representatives is to investigate the Department of State Services (DSS), Economic and Financial Crimes Commission (EFCC) and other state agencies for disobeying court orders.

    The lawmakers implored President Muhammadu Buhari to direct security agencies to obey court orders, especially those relating to bail and production of accused persons in court.

    The issue, the House has mandated its Committees on Human Rights and Justice to investigate detention of accused persons beyond the statutory period, in contravention of court orders granting them bail, release or produce accused persons in court and prevail on the offending agencies to ensure their releases.

    The decision of the House followed the adoption of a motion by Sergius Ogun, who noted that in recent times, several security agencies, such as the DSS have been consistently flouting court orders, especially as they relate to bail and production of accused persons in court.

    “The Judiciary is the acclaimed last hope of the common man and any attempt to denigrate the Courts to the point where citizens feel they no longer have any legal to recourse to them may lead to anarchy and resort to self-help.

    “We are cognizant of the need to impress upon the executive arm of Government the need to direct the security agencies to obey Court orders and operate within legal parameters, citizens will continue to live in palpable fear and the economy will continue to suffer capital flight since investors tend to avoid climes where security agencies operate without regard for laws and court orders.

    “We are also conscious of the need for agencies of Government not to act in ways that make citizens live in fear and which hurt the economy through capital flights,” he said.

    The motion was unanimously adopted after it was put to a voice vote.

    The Committee was given four weeks to carry out the investigation and report back to the House for further legislative action.

  • Malabu: Court grants oil block’s forfeiture

    Malabu: Court grants oil block’s forfeiture

    A Federal High Court in  Abuja has granted an order of interim forfeiture of an oil well  being managed by Shell petroleum Development Company (SPDC) pending the conclusion of its investigation and prosecution of all identified culprits by the The Economic and Financial Crimes Commission (EFCC).

    The order was granted following EFCC’s  claim that it has conducted a painstaking investigation into the case both in Nigeria and offshore which revealed that Malabu Oil and Gas Limited and Shell allegedly secured OPL245 through fraudulent scheme involving high scale bribery and corruption by top management of the company.

    EFCC) on Thursday explained how some highly placed Nigerians, including ex-ministers and multinational oil companies allegedly defrauded the country of billions of dollars through the now notorious Malabu oil deal.

    The commission also revealed how the former Attorney- General of the Federation (AGF), Mohammed Adoke, allegedly aided the payment of $1.2b bribe to ex- Minister of Petroleum Resources, Dan Etete, using his position in the President Goodluck Jonathan’s government.

    It said further findings revealed that the federal government was defrauded by and Malabu Oil and Gas Limited by under- paying $210m as signature bonus on the OPL 245.

    The commission also shed light into how the former Head of State, late Gen Sani Abacha, Etete (who was Petroleum Minister under Abacha) and Hassan Adamu (Nigerian Ambassador to the United States under Abacha) allegedly used their positions to influence the unlawful allocation of OPL 245 to Malabu Oil.

    After listening to EFCC’s lawyer, Jonson Ojogbane, moved the motion, Justice John Tosho granted the two interim orders of forfeiture sought by the commission.

  • How NAMA was looted – EFCC’s witness

    A prosecution witness on Thursday gave detailed accounts of how funds belonging to the Nigerian Airspace Management Agency (NAMA) were allegedly diverted by some of its officials.

    The Economic and Financial Crimes Commission (EFCC) last April 7 arraigned former NAMA Managing Director/Chief Executive, Ibrahim Abdulsalam, at the Federal High Court in Lagos for allegedly stealing N6.8billion.

    He was charged along with former NAMA General Manager for Procurement, Olumuyiwa Adegorite, former General Manager, Finance, Segun Agbolade, former acting General Manager, ICT, Bolaniran Akinribido, Sesebor Abiodun, Joy Adegorite, Randville investment Limited and and Multeng Travels and Tours Limited.

    EFCC said on August 19, 2013, the defendants, with intent to defraud, conspired amongst themselves to induce NAMA to deliver the sum of N2,847,523,975.00 to Delosa Limited, Air Sea Delivery Limited and Sea Schedules Systems Limited under the pretense that the money represented the cost of clearing NAMA’s consignments.

    Testifying on Thursday, the witness, Ade Babatunde, a staff of Stanbic IBTC Bank, who was led in evidence by EFCC prosecutor, Rotimi Oyedepo, gave an analysis of entries on an account statement of Segun Agbolade (third accused), with account number 9201060421.

    He told the court that between January 2 and January 3, 2013, there was a transfer of N13.1 million from Akinribido’s account to Agbolade.

    He said the transfer came in tranches of N3.1 million on January 2, and in two tranches of N5 million each on January 3, 2013.

    According to the witness, the balance on Agbolade’s account as at January 3, 2013 was N27.8 million.

     

  • Ex-NAF chief Umar re-arraigned for money laundering

    A former Chief of Air Staff, Air Chief Marshal Mohammed Umar, was on Wednesday re-arraigned before a Federal High Court in Abuja on a seven-count charge of money laundering.

    He is charged among others, with criminal breach of trust and corruption involving N7.382bn.

    The Economic and Financial Crimes Commission (EFCC) alleged in the charge that Umar removed the money from the account of the Nigerian Air Force (NAF) while serving as the Chief of Air Staff.

    When the charge was read to him while he was being arraigned before Justice Nnamdi Dimgba, Umar pleaded not guilty to the charges.

    The ex-NAF chief was earlier arraigned before Justice Binta Nyako (also of the Federal High Court) on May 11, 2016.

    Before trial could commence, the case was transferred to Justice Dimgba.

    The court was silent on the reason for the transfer of the case to another judge.

    Shortly after he was re-arraigned on Wednesday, Umar’s lawyer, Hassan Liman (SAN), prayed the court to allow his client to continue to enjoy the bail earlier granted  him on “self-recognisance” by Justice Nyako.

    Prosecution lawyer, Sylvester Tahir, did not oppose Liman’s application, but said the EFCC was uncomfortable that Umar was granted bail on self recognisance.

    Tahir urged the court to impose additional bail conditions on the ex-NAF chief.

     

  • How ex-NAF chief diverted N22b – EFCC’s witness

    How ex-NAF chief diverted N22b – EFCC’s witness

    The Federal High Court in Lagos on Wednesday heard how a former Chief of Air Staff, Air Marshal Adesola Amosu (rtd), allegedly diverted part of the N21billion he allegedly stole from the Nigerian Air Force (NAF).

    An Economic and Financial Crimes Commission (EFCC) investigator, Tosin Owobo, said Amosu laundered the money through various oil and gas companies.

    Owobo, an Assistant Detective Superintendent at EFCC, was testifying for the prosecution in Amosu’s trial.

    EFCC arraigned the former NAF chief along with a former NAF Chief of Accounts and Budgeting, Air Vice Marshal Jacob Adigun and a former Director of Finance and Budget, Air Commodore Olugbenga Gbadebo.

    On how part of the money was allegedly laundered, Owobo said in 2014, Amosu wrote to the Nigerian Maritime Administration and Safety Agency (NIMASA) requesting for funds to provide maritime security.

    He said Amosu listed what was needed to provide maritime security and sent a proposal to former NIMASA Director-General, Dr. Patrick Akpobolokemi, who is also facing separate money laundering charges.

    The witness said Amosu demanded over N4billion from NIMASA “as the amount needed” for the security service.

    According to the witness, Akpobolokemi approved N3billion, which was paid to NAF under Amosu.

    “The money was released to NAF Special Emergency Operation account in 2014. NAF had also sent as part of the memo the account they wanted the money to be paid into,” Owobo said.

    The EFCC investigator said the letter requesting for  money from NIMASA was signed by Adigun on Amosu’s behalf.

     

     

  • EFCC seizes UMTH’s ex-director’s house

    EFCC seizes UMTH’s ex-director’s house

    The Economic and Financial Crimes Commission (EFCC) yesterday seized a property belonging to a former Assistant Director (Finance and Account), of the University of Maiduguri Teaching Hospital (UMTH), Mahmud Deji Sambo.
    Sambo is facing trial with Musti Bukar for allegedly stealing N58 million belonging to the hospital.
    The confiscated house was suspected to have been bought with the stolen money.
    A statement by the Head of Media and Publicity of EFCC, Mr. Wilson Uwujaren, said: “The EFCC has secured the forfeiture of the property at Plot 114, Gamji Road, New GRA, off Bama Road, Maiduguri, belonging to Mahmud Deji Sambo, a former Assistant Director (Finance and Account), with the University of Maiduguri Teaching Hospital.
    “Sambo is being prosecuted on a three-count charge of stealing. The property, to have been acquired with proceeds of crime, was attached pursuant to an order by Justice M.T Salihu of the Federal High Court, Maiduguri.
    “It will be recalled that Sambo and Musti Bukar were arraigned by the EFCC last April for alleged fraud perpetrated in the finance department of UMTH, to the tune of N58 million.
    “They pleaded not guilty to the charges. So far, the prosecution has called 10 witnesses as trial continues.”
    Sections 28 and 34 of the EFCC (Establishment Act) 2004 and Section 13(1) of the Federal High Court Act, 2004, empowers the anti-graft agency to invoke Interim Assets Forfeiture Clause on any serving or former public officer or any Nigerian under probe.

  • EFCC seeks forfeiture of Diezani’s N9.08b

    EFCC seeks forfeiture of Diezani’s N9.08b

    The Economic and Financial Crimes Commission (EFCC) yesterday urged the Federal High Court in Lagos to order the forfeiture of N9.billion allegedly laundered for former Minister of Petroleum Resources Diezani Allison-Madueke.
    Mrs Alison-Madueke, who is in London, has denied any wrongdoing, alleging that she is being persecuted.
    Justice Muslim Hassan had on January 6 ordered the temporary forfeiture of the money.
    They include a N23,446,300,000 and $5milion (about N1.5billion) said to be stashed in banks.
    The court ordered the banks holding the money to supply proof that it was not stolen or risk losing it permanently to the Federal Government.
    Only an Executive Director of First Bank Plc, Dauda Lawal, responded.
    EFCC said the allegedly laundered money was a proceed of crime.
    Yesterday, the commission’s lawyer, Mr Rotimi Oyedepo, prayed Justice Hassan to make an order forfeiting the money permanently to the Federal Government.
    Justify the freezing of the money, the lawyer said Section 17 (1) of the Advance Fee Fraud and other Related Offences Act makes a property that is reasonably suspected by EFCC to be proceeds of unlawful act forfeitable to the Federal Government.
    “Can it be said that from the facts and circumstances of this case, that the N9,080,000,000.00, which is the naira equivalent of $40million cannot be reasonably suspected to be proceeds of unlawful activity?” Oyedepo asked.
    The EFCC lawyer said there was a conspiracy to launder the money, adding that there was “a meeting of the minds” by those it indicted.
    Oyedepo was arguing EFCC’s opposition to an application by Lawal, who was accused of aiding Mrs. Alison-Madueke in laundering the funds.
    Lawal is praying the court to discharge the interim forfeiture order.
    His lawyer, Mr Charles Adeogun, urged the court to issue an order directing a refund of the temporarily forfeited N9.08billion on the grounds that EFCC seized it through coercion.
    He argued that before such forfeiture orders could be made, it must be ascertained that the property in question is unclaimed, and that such property or funds form proceeds of an unlawful act.
    Adeogun argued that his client admitted having received $25 million on Mrs. Alison-Madueke’s behalf, but was coerced by the commission to further admit receiving $65 million.
    According to him, the $40 million was taken as an overdraft from his bank to offset the alleged extra sum.
    He is, therefore, praying the court to order the immediate refund of the sum to his client.
    But, Oyedepo argued that there was a meeting of the minds between Lawal and some officials of the Nigeria National Petroleum Corporation (NNPC) to launder the funds.
    “My lord, paragraph 4 of our reply affidavit shows a meeting of the minds of one Gbenga Komolafe, former Group Managing Director, Crude Oil Marketing Division of NNPC, Prince Haruna Momoh, former Group Managing Director, Petroleum Product Marketing company, Umar Farouk Ahmed, and Group Managing Director, Nigerian Product Marketing Company, Stanley Lawson, Babajide Sonoiki and the second respondent, Executive Director of First Bank of Nigeria.
    “The evidence shows their agreement to retain and launder funds on behalf of the former Petroleum Minister Diezanni Alison-Madueke.
    “It’ll amount to contesting the obvious to argue that the second respondent did not have knowledge of the source of the money,” Oyedepo said.
    The lawyer denied that EFCC detained Lawal without a court order, adding that his statement was lawfully and voluntarily obtained.
    He said Lawal admitted that the $40million was in his possession.
    Oyedepo added: “I submit that the proper order your Lordship should make is the final forfeiture of the N9.08billion to the Federal Government being sum found in proceed of unlawful activity.
    “I urge my Lord to hold that the second respondent (Lawal) has not shown good cause why the said sum should not be forfeited. The funds were recovered from him. The funds we’re seeking to attach is in possession of the second respondent.
    “Having advertised to the whole world pursuant to the order of my lord and no one else came to claim the money except the second respondent, it’ll be appropriate to order the forfeiture of the N9.08billion.
    “For the other respondents, in view of their failure to react to the case, they are deemed to have admitted the facts contained in our application.
    “Since no one has shown cause in relation to N23,446,300,000 and the sum of $5milion, I, therefore, urge your lordship to order the forfeiture of the sums to the Federal Government finally.”
    Justice Hassan adjourned until February 16 for judgment.