Tag: EFCC

  • EFCC traces laundered $300,000 to Yahoo boy

    EFCC traces laundered $300,000 to Yahoo boy

    Economic and Financial Crimes Commission (EFCC) said it has traced over $300,000, laundered to a suspected internet fraudster, known as Yahoo-Yahoo.

    In a statement,  the EFCC spokesman, Mr Dele Oyewale,  said the suspect was among the 35 arrested on Sunday in Auchi, Edo State.

    Oyewale said the arrest was sequel to credible intelligence that linked the suspects to internet fraud.

    Read Also: Atiku’s unfulfilled Nunc Dimittis

    He said investigations had showed that the suspect had collected and laundered over $300,000 for his syndicate members who were at large.

    ”Apart from internet fraud, EFCC’s investigations revealed that the suspect is equally involved in investment and banking fraud.

    ”He will be charged to court as soon as the investigation is concluded,” he said.  

  • Iyabo Ojo confirms invitation from EFCC after daughter’s wedding celebration

    Iyabo Ojo confirms invitation from EFCC after daughter’s wedding celebration

    Actress and filmmaker Iyabo Ojo has publicly addressed her recent interaction with the Economic and Financial Crimes Commission (EFCC) regarding the spraying of money at her daughter’s wedding.

    In a detailed Instagram post, Ojo confirmed she was invited by the EFCC and visited their office on May 5, 2025, following her return from the UK.

    She said she received numerous calls and messages from concerned individuals inquiring about the invitation and her well-being, prompting her to share her experience.

    During the EFCC visit, Ojo said she was questioned about her personal details, career, work experience, and businesses.

    The commission presented videos from her daughter’s wedding, showing guests, including colleagues and friends, spraying naira and foreign currencies.

    According to her, the EFCC clarified that spraying any currency, including foreign ones like dollars, is prohibited in Nigeria.

    After the questioning, Ojo was allowed to leave, with her lawyer, O.I. Salami, standing in for her in case further inquiries arise.

    Ojo used the opportunity to advise Nigerians against spraying money at events to avoid EFCC scrutiny, suggesting a reconsideration of the cultural practice.

    She emphasised the need for caution to prevent legal issues.

    She said: “Good afternoon, lovely people.

    Read Also: Blessing CEO to single mothers: Follow Iyabo Ojo’s example, let fathers fulfill their roles

    “Following the recent media publication on social media and numerous calls and texts messages from different quarters seeking to hear from me on the EFCC invitation and to ascertain my welfare, I find it expedient to release this briefing.

    “I recently had an experience with the EFCC in Nigeria after receiving an invitation letter while I was in the UK. Upon my return, I visited the EFCC on the 5th day of May 2025, where I was asked several questions relating to my personal biodata, career, work experience, and companies, amongst others.

    “The EFCC officials showed me videos extracted from my daughter’s wedding where guests, including colleagues and friends, were spraying Naira and foreign currencies.

    “I was asked if I knew this was illegal, and I explained that I thought only abuse or mutilation of the Naira was an offence.

    “The EFCC officials clarified that spraying money, including on people’s bodies, is prohibited. I was surprised to learn that spraying any currency, including Dollars, is also not allowed.

    “After questioning, I was allowed to leave the same day, but my personal lawyer, O.I. Salami, stood in for me as I may be called upon again.

    “Given this experience, I strongly advise against spraying any currency in Nigeria to avoid issues with the EFCC.

    “Perhaps it’s time to reconsider this long-standing tradition. Let’s prioritise caution and avoid any potential problems. Thank you, Alice Iyabo Ojo”.

  • VeryDarkMan may be released today

    VeryDarkMan may be released today

    Indications have emerged the Economic and Financial Crimes Commission (EFCC) may release social media influencer Martins Otse, popularly known as VeryDarkMan on Tuesday.

    The Nation also learnt that there are plans to formally charge him to court on Thursday.

    A senior official within the anti-graft agency, who spoke on condition of anonymity confirmed the development on Monday, noting that while Otse remains in custody, he has not yet been formally arraigned.

    VeryDarkMan was recently arrested by the EFCC over allegations of cyberstalking.

    His legal representative, Deji Adeyanju, who confirmed Otse’s arrest on X, said a team of policemen arrested VDM along with his friend, C Park.

    Read Also; Court orders EFCC to pay certification fee for documents in ex-aviation minister’s ‘trial

    Scores of youths on Monday took to the streets of Abuja, the Federal Capital Territory, to protest the arrest of the activist.

    The protesters, who marched from the headquarters of EFCC to the premises of a commercial bank where he was reportedly arrested, held placards with inscriptions such as “Release Very Dark Man,” and “Seyi Tinubu, Are You Involved?,” among others.

    They described VDM’s arrest and detention as illegal and demanded transparency from the authorities as they vowed to take their grievance to the Nigerian Human Rights Commission, in the Maitama district of the nation’s capital.

  • DSS, Police, EFCC arrest VeryDarkMan in joint operation

    DSS, Police, EFCC arrest VeryDarkMan in joint operation

    • Protesters demand Tik-Toker’s release

    Fresh facts emerged yesterday that a social media activist, Martins Otse ( the VeryDarkMan), was arrested in a joint operation by the Department of State Services (DSS), Nigeria Police Force and  Economic and Financial Crimes Commission (EFCC).

    Otse was arrested last Friday at a bank premises in Area 3 Abuja for alleged Cyberstalking.

    He was allegedly molested before he was taken away.

    But the operation has led to a public protest in Abuja.

    A highly-placed security source said: “It was a joint operation by the DSS, the police and the EFCC.

    “There are several petitions against him. After interrogation by the EFCC, the police will do its own and then hand him over to the DSS.

    “VDM has a long journey ahead of him. He is detained based on a warrant from the court.”

    Despite the claim of VDM’s lawyer, Mr. Deji Adeyanju, that his client was in EFCC’s custody, the anti-graft commission denied keeping VDM.

    Spokesperson of EFCC, Mr. Dele Oyewale, was not available.

    Meanwhile, several youths took to the streets of the Federal Capital Territory (FCT) yesterday, in protest of the arrest of VeryDarkMan (VDM).

    Read Also: What Nigerian Casino Players Can Learn from Lucky Spins Scene in Canada

     The protesters, who were sighted in Wuse, after Berger Bridge, described VDM’s arrest and detention as illegal.

    They vowed to take their grievance to the Nigerian Human Rights Commission in Maitama district of the nation’s capital.

    The youths chanted: “He’s not a thief, Now VDM has blocked the road, Release VDM.”

    The protesters, who carried placards with various inscriptions, converged on the junction leading to the headquarters of the Economic and Financial Crimes Commission, in Jabi.

     Adeyanju told our correspondent: “This is absolutely unacceptable. Demanding accountability is not a crime.’’

  • Court orders EFCC to pay certification fee for documents in ex-aviation minister’s ‘trial

    Court orders EFCC to pay certification fee for documents in ex-aviation minister’s ‘trial

    An FCT High Court on Monday ordered the Financial Crimes Commission (EFCC) to pay the required fees for certification of some documents it tendered as exhibit in trial of former Aviation Minister, Hadi Sirika, and three others.

    Sirika is charged alongside, his daughter, Fatima, son-in-law, Jalal Sule Hamma and Al-Buraq Investment Limited.

    Sirika, according to EFCC, abused his office as minister by conferring unfair advantage on Al Buraq Global Investment Limited, Fatima amd Hamma, by using his position to influence the award to them, the contract for the Apron Extension at Katsina Airport for the sum of N1,498,300,750.

    The EFCC said the offence contravened the provisions of Sections 12 and 19 of the Corrupt Practices and Other Related Offences Act 2000 and Section 17 (b) of the Economic and Financial Crimes Commission (Establishment) Act, 2004 as well as Section 315 of the Penal Code Act, Cap 532, Acts of the Federal Capital Territory and punishable under the same sections.

    They, however, pleaded not guilty to the charge.

    At the resumed hearing, the prosecution tendered some documents through the ninth prosecution witness (PW9), Mathias Maiyaki Vyonku, a retired General Manager, Administration and Human Resources with the Nigerian Nuclear Regulatory Authority.

    Counsel for Hamma and Al-Buraq Global Investment Limited, Sunusi Musa (SAN) and Michael Numan (SAN), respectively, objected to the admissibility of some of the documents.

    This was on the grounds that the PW9 mentioned Nigerian Midstream and Upstream while the one of the document, the prosecuting counsel, Oluwaleke Atolagbe, tendered was that of Nigerian Upstream Petroleum Regulatory Commission (NUPRC).

    They further argued that the prosecution did not paid the required fees for the certification of another document which certified true copy was part of the documents tendered in compliance with the provision of the Evidence Act.

    They, therefore, urged the court to reject the documents.

    Responding, Atolagbe argued that the defence counsel did not object to the admissibility of the covering letter that has the documents attached to.

    He said that it was the law that a document that has attachments must be admitted by the court as a whole.

    He further argued that there is no need for government agencies to pay for certification of documents.

    Read Also: Why we took VeryDarkMan into custody — EFCC

    He said that the witness did not mention NUPRC but said upstream did not viatite the documents tendered.

    After listening to parties, Justice Slyvanius in his ruling held that since government needs money, the Court cannot shut the doors against the prosecution for not paying the required fee for the certification.

    He said the court would rather allow the anti graft agency to pay the fee and re-present the document.

    He, therefore, ordered the prosecution to pay the required fee for the certification of the document and re-present same before the Court.

    In view of this, the prosecution asked for an adjournment to enable him do the needful as directed by the Court.

    This was not objected to by the defence team.

    Oriji then adjourned the case until May 6 for continuation of the evidence of the PW9.

    Earlier in his evidence, the PW9 informed the court that on March 14, 2024, EFCC wrote to the Nigerian Nuclear Regulatory Authority, informing it of an ongoing investigation on the third defendant Jalal Sule Hamma and requested for information on him (Hamma).

    Nyonku told the Court that as the General Manager, Administration and Human Resources, the Director-General of the Authority directed him to act accordingly and he then forwarded a letter to EFCC to confirm that Hamma was a staff member of the Authority.

    According to him, he was employed in November, 2021 on a permanent and pensionable appointment. He was reconfirmed after two years.

    The witness told the court that before the third defendant’s reconfirmation, he (Hamma) wrote to the authorities withdrawing his service, adding that the management subsequently approved the withdrawal of service.

    The PW9 told the court that the documents the Nigerian Nuclear Regulatory Authority forwarded to the EFCC included Hamma’s letter of appointment; letter of request for withdrawal of service; approval of withdrawal of service and all documents indicating that the defendant has paid one month in lieu of notice.

    Atolagbe subsequently tendered the documents as exhibits in the case. (NAN)

  • EFCC arrests Kaduna content creator over alleged Naira abuse

    EFCC arrests Kaduna content creator over alleged Naira abuse

    Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested social media content creator, Muhammed Kabir Sa’ad, for allegedly abusing Naira notes.

    According to the EFCC on X, Sa’ad posted a video on his TikTok and Instagram accounts where he threw Naira notes on the ground and stepped on them, daring EFCC officers to arrest him if they could.

    Sa’ad was tracked down and arrested in Kaduna’s Tudun Wada area through surveillance.

    Read Also: Why we took VeryDarkMan into custody — EFCC

    He will be charged in court for Naira abuse once the EFCC concludes its investigation.

    The statement reads: “Operatives of the Kaduna Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have arrested a social media content creator, Muhammed Kabir Sa’ad, for allegedly abusing Naira notes.

    “Sa’ad made a video of himself on his TikTok and Instagram account #youngcee0066, where he was seen throwing Naira notes on the floor and deliberately stepping on them and daring EFCC officers in Hausa Language to arrest him if they can.

    “He was subsequently picked up in Tudun Wada area of Kaduna State, through surveillance and conveyed to the Kaduna Zonal Directorate of the Commission for interrogation.

    “He would be charged to court upon the conclusion of his interrogation”.

    This arrest is part of the EFCC’s efforts to enforce laws protecting the Nigerian currency.

  • EFCC witness refuses to confirm legality of bank entries in Ali Bello case

    EFCC witness refuses to confirm legality of bank entries in Ali Bello case

    An Economic and Financial Crimes Commission (EFCC) witness, Femi Remigus, on Monday refused to confirm the legality of bank entries in the trial of Ali Bello, the Chief of Staff to Gov. Usman Ododo of Kogi.

    Remigus, a compliance officer at Zenith Bank Plc, denied knowing if associated bank transfers in the disputed transactions were lawful before Justice Obiora Egwuatu of the Federal High Court in Abuja.

    Remigus had, on April 8, tendered exhibits, including bank statements before Justice Egwuatu.

    The EFCC had on Feb. 8, 2023, arraigned Ali Bello, Abba Daudu, Yakubu Siyaka Adabenege, Iyada Sadat, and Rashida Bello (at large) on 18 counts of criminal misappropriation and money laundering, amounting to N3,081,804,654.00.

    Read Also: Davido calls for the release of VeryDarkMan

    The defendants, however, pleaded not guilty to all the charges.

    At the resumed sitting on Monday, counsel for some of the defendants, Nureini Jimoh, SAN, asked the compliance officer if after forwarding certain statements of account to the EFCC , he did anything with the EFCC in respect of this matter.

    The witness responded in the affirmative, saying in 2023, the bank gave EFCC the hardcopy of the associated statement of account dated, April 14, 2023.

    He admitted that after the matter was filed by the EFCC, he was still filing documents to the commission in respect of this case.

    The lawyer asked the witness to confirm that following bank entries of Jan. 24, 2022 and Jan. 25, 2022, that there was no transfer from or to this associated bank accounts by Abba Daudu, Yakubu Siyaka Adabenege, Iyada Sadat, and Rashida.

    “As per entries, I did not see their names from 24 January, 2022 to 25 January 2022,” the witness responded.

    Read Also: EFCC arrests Kaduna content creator over alleged Naira abuse

    The witness told the judge that as a compliance officer, he knew his bank is a law abiding financial institution.

    After his testimony, the compliance officer was subsequently discharged from witness box.

    The judge then adjourned the case to  May 19, May 20 and May 21 for continuation of trial

    Justice Egwuatu had, on Nov. 6, 2024, ordered the lawyer that appeared for the EFCC, Abbas Mohammed, to confirm and report back to the court if an alleged “misleading” report on the court’s proceedings was from the commission’s website.

    The judge gave the order after the defence lawyers accused the EFCC of publishing untrue accounts of what transpired in court on the last adjourned date on its website against their clients.

    Abubakar Aliyu, SAN, and Jimoh, SAN, who appeared for the defendants had informed Justice Egwuatu about the development shortly after the matter was called.

    They complained that a report on the proceedings of Tuesday posted on the website of the anti-graft agency and on social media contradicted what transpired in court, and that this was not the first time such would happen.

    (NAN)

  • Ex-NNPCL boss Kyari denies EFCC arrest claims

    Ex-NNPCL boss Kyari denies EFCC arrest claims

    Former Nigerian National Petroleum Company Limited (NNPCL) Group Chief Executive Officer (GCEO), Mele Kyari, has refuted reports alleging his arrest by the Economic and Financial Crimes Commission (EFCC).

    In a rejoinder shared on his X handle, Kyari dismissed the claims as baseless, stating that he is currently enjoying a well-deserved rest following the dissolution of NNPCL’s management and board.

    Kyari described the report as “clear mischief,” asserting that it was a calculated attempt to misrepresent facts, while reaffirming his dedication to serving both his country and God.

    “At present, I am taking a well-deserved rest after the dissolution of the management and board of the NNPCL, of which I was the Group Chief Executive. It should be stated that having served the NNPC and the NNPCL for 34 years, and 17 of those in management roles and especially the last 5 years and 9 months, I had little time for leave of even two weeks.

    Read Also: Anti-corruption coalition disowns Matazu over U-turn on Kyari allegations

    “So, I am thankful for the opportunity to serve under their Excellencies, Presidents Muhammadu Buhari and Bola Ahmed Tinubu. I must emphasise that I served with the fear of God, knowing fully well as a Muslim that if I do not account before man, I will account before Allah, and that I am better off accounting to the institutions of man. Therefore, having served in public capacity, I am willing and happy to account for my stewardship in this world.

    “However, it is important to state that the resort to disinformation does not serve anyone’s purpose, the NNPCL or the country in General, as it has the potential to send the wrong signals to investors and the international community.

    “It is in this regard that I urge the media to be circumspect and avoid being stampeded into misleading the public on unverified stories or matters that are subject to further validation by relevant organisations. I sincerely thank my family and friends who have reached out to me or tried to do so, and assure them that I am available to respond to all lawful queries.”

  • We have traced CBEX funds to four countries – EFCC

    We have traced CBEX funds to four countries – EFCC

    The Economic and Financial Crimes Commission (EFCC) has revealed that it has traced funds connected to the failed CBEX cryptocurrency bridge exchange scheme to at least four different countries.

    EFCC Chairman Ola Olukoyede disclosed this on Wednesday during an appearance on Politics Today, a Channels Television programme.

    Olukoyede explained that while efforts are ongoing to recover the stolen assets, victims of the scheme may not receive full restitution due to the complex international nature of the fraud.

    “We have been able to block some accounts. We have been able to freeze some funds, which I will not be able to give you a figure, but some reasonable amount of funds, we have been able to freeze,” he said.

    He noted that many of the transactions were carried out in cryptocurrency and routed through digital wallets outside Nigeria’s legal reach.

    “I will not sit down and tell you that we are going to restore every victim. It will become practically impossible because quite a certain amount of money has been dissipated and not within our system,” Olukoyede said.

    Read Also: CBEX tragedy

    The EFCC boss confirmed that funds linked to the scheme have been traced to “three, four countries,” adding that the key actors behind CBEX are mostly foreigners operating beyond Nigeria’s jurisdiction.

    “In fact, the principal parties behind the entire scheme… most of them are foreigners, they are not within our jurisdiction, and you know what that entails,” he said.

    He also disclosed that three suspects have so far been arrested in connection with the scam and are currently in custody.

    “They have made very useful statements,” he noted, expressing hope that these leads would aid the ongoing investigation.

  • We’ll hold politicians accountable regardless of party affiliations – EFCC chair Olukoyede

    We’ll hold politicians accountable regardless of party affiliations – EFCC chair Olukoyede

    The chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has reiterated the agency’s firm commitment to impartiality in the war against corruption, affirming that politicians across all party lines will be held accountable for financial crimes.

    Appearing as a guest on Channels Television, Olukoyede emphasised that the EFCC remains fully within its statutory duty to investigate and prosecute individuals implicated in corrupt practices.

    “If someone is found to have engaged in corruption or financial crimes, it is our duty to investigate. Where we establish sufficient grounds for prosecution, we proceed to trial. I have operated strictly within the bounds of this mandate, and I believe Nigerians can attest to that,” he stated, responding to perceptions of political bias in the Commission’s operations.

    While acknowledging that EFCC actions may sometimes be seen through a political lens, Olukoyede maintained that the Commission is guided solely by evidence.

    He noted that many of the Commission’s high-profile investigations have involved members of the ruling All Progressives Congress (APC), highlighting that political affiliation does not shield anyone from scrutiny.

    “If Nigerians assess our work fairly, they will recognise that, based on the statistics of our investigations and prosecutions, particularly in high-profile cases, a notable number of individuals from the ruling party, the APC, are among those we have pursued. We must be judged fairly. It is not just members, but also prominent figures within the ruling party who have been investigated and charged,” he said.

    Read Also: EFCC not for political vendetta, says Olukoyede

    Olukoyede also clarified that politicians under investigation cannot use party affiliation as a form of protection.

    “It would be both unfair and unjust to turn a blind eye to individuals simply because they are not affiliated with the ruling party. Our responsibility is to ensure that justice is served, regardless of political leanings,” he added, urging Nigerians to evaluate the EFCC’s efforts objectively.

    Reaffirming the agency’s position, Olukoyede stressed that no political group is exempt from investigation or prosecution.

    “If we discover that you have stolen money, you must answer, regardless of whether you belong to the APC, PDP, Labour Party, NNPP, or SDP. If a member of the APC has stolen money, they must face the consequences. If a member of the PDP has committed theft, they too will be held accountable,” he warned.