Tag: EFCC

  • N1b subsidy fraud: EFCC re-arraigns Alao Arisekola’s son, others

    N1b subsidy fraud: EFCC re-arraigns Alao Arisekola’s son, others

    The Economic and Financial Crimes Commission (EFCC), has re-arraigned three oil marketers,  Opeyemi Ajuyah, Abdullahi Alao and Olanrewaju Olalusi over allegation of N1.1 billion fuel subsidy fraud.

    They were re-arraigned on an amended eight count charge alongside their companies; Majope Investment Limited and Axenergy Limited before Justice Lateefa Okunnu of a Lagos High Court sitting in Ikeja.

    The defendants were initially arraigned on October 10, 2012 on a nine count charge bordering on alleged  conspiracy, obtaining money by false pretences, forgery and use of fake documents.

    They  had pleaded not guilty to the charges and were subsequently granted bail by the court.

    During  trial last Friday on the matter, counsel to the EFCC,  Seidu Atteh, intimated the judge that the commission had amended the charges.

    The lawyer consequently prayed the court to order the defendants to re-take their pleas.

    He alleged that the oil maketers  fraudulently obtained N1billion from subsidy fund of the Federal Government  between January 2011 and April 2012.

    Atteh said that the money was for subsidy payments from the Petroleum Support Fund for the purported importation of 15 million litres of Premium Motor Spirit (PMS).

    The commission also alleged that  the defendants forged a bill of lading, cargo manifest and other documents which it claimed were utilised to have facilitated the fraud.

    Atteh said that the offences contravene Sections 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act of 2006. The offence is also said to violate Sections 363(a) and 364 of the Criminal Law of Lagos State, 2011.

    All  the defendants again pleaded not guilty to the new eight count charge preferred against them by the commission.

    Justice Okunnu  adjourned the matter till October 20, 2015 for trial.

  • SURE-P funds: APC drags Yero to EFCC‎

    SURE-P funds: APC drags Yero to EFCC‎

    Barely 24 hours after Kaduna State Governor-elect, Malam Nasir Ahmed El-Rufai vowed to probe anyone culpable in the N2.7billion SURE-P funds diversion, the State APC Transition Committee has dragged the Governor Mukhtar Ramalan Yero led government before the Economic and Financial Crimes Commission (EFCC).

    The transition committee is asking the anti-graft agency to stop the Yero led outgoing government from what it described as last minute looting of public assets.

    It accused the ‎outgoing Kaduna State Government of taking elaborate steps to legitimise the ‎misappropriation‎ of N2.744 billion Local Government Sure-P funds,

    According to a letter addressed to the EFCC Chairman by the transition committee and titled:‎‎The ‎attempt to misappropriate ‎SURE-P Funds in Kaduna State, “Yero‎‎ has been putting the legislature under tremendous pressure to approve his utilisation of 50 per cent of the Sure-P funds for a road project, while the 23 local government councils would share the balance.”

    ‎‎The letter signed by the Chairman of the committee, Balara‎be Abbas Lawal‎ read that, “I write to bring to your attention the elaborate steps being taken by the outgoing Kaduna State Government to legitimise the ‎misappropriation‎ of N2.744 billion Local Government Sure-P funds, and to request that you exercise your responsibility of deterring crime by preventing this last-minute looting of public assets.

    “The Kaduna State House of Assembly declined to appropriate the Sure-P funds in the 2015 budget, and promptly removed them from the budgets submitted by the 23 local government councils. The state legislators further resolved that the fate of the funds be left to the incoming administration.

    “The ‎outgoing governor, Mukhtar Ramalan Yero‎, however has been putting the legislature under tremendous pressure to approve his utilisation of 50 percent of the Sure-P funds for a road project, while the 23 local government councils would share the balance. Coming from a government whose tenure expires in less than two weeks, the intensity of the lobby for the money indicates a certain desperation that is clearly not in the public interest.

    “I ‎wish to therefore request that you urgently investigate whether the Sure-P funds are still intact, or if they have been spent without appropriation thus necessitating a belated approval from the House of Assembly to provide a ‘legal’ means of retiring the funds. If, as it is widely believed in the state, the monies have already been spent, it is crucial to determine the projects, the contractors and the procurement processes that facilitated such a deliberate hemorrhaging of public funds,” it reads.

    Meanwhile, ‎El-Rufai was quoted in ‎statement as saying, “I have been informed of desperate attempts to secure approval to spend N2.744 billion Sure-P funds. Less than two weeks to its exit, the outgoing government of Kaduna State is seeking to pressure the outgoing House of Assembly to permit it to spend 50 percent of the money on the Kawo road project, while the 23 local government councils will share the balance.

    “As governor-elect, it is my duty to caution every official involved in these last-minute deals that the incoming government will ensure that there are consequences for illegal conduct, breach of trust and stealing of public assets. Our government will certainly insist on accountability, and no one should be in any doubt about our resolve, be it the instigators of any impropriety or those who facilitated and executed it,” El-Rufai said.

  • Sylva re-arraigned over N2.45bn fraud

    Sylva re-arraigned over N2.45bn fraud

    The Economic and Financial Crimes Commission (EFCC) on Monday re-arraigned a former Bayelsa State governor, Timipre Sylva, before a Federal High Court in Abuja over his alleged involvement in about N2.45 billion fraud.

    Sylva reportedly committed the offence between October 2009 and February 2010 while serving as governor of Bayelsa State.

    His re-arraignment was informed by the retirement of the former trial judge, Justice Adamu Bello.

    Sylva pleaded not guilty when he appeared before Justice Evoh Chukwu on a six-count charge.

    Sylva also has a criminal charge pending against him before another judge of the same Federal High Court in Abuja, Justice Ahmed Mohammed.

    Shortly after his arraignment, Sylva’s lawyer, Israel Olorundare (SAN), applied orally for his bail.

    Prosecution lawyer, John Ainetor, did not object to the bail application, but urged the court to grant the bail on terms that will ensure that the accused person attend court for his trial.

    Justice Chukwu granted Sylva bail in the conditions and terms previously granted by the former trial judge and adjourned to May 25 for commencement of trial.

  • EFCC, ICPC warn new lawmakers against corruption

    EFCC, ICPC warn new lawmakers against corruption

    Independent Corrupt Practices and Other Related Offences Commission (ICPC) chair, Mr. Ekpo Nta yesterday asked newly-elected members of state Houses of Assembly to shun corruption or face the consequences.

    He also urged the lawmakers to avoid scrambling for contract awards.

    He said if the lawmakers engage in corruption, the law will take its course.

    Nta, who warned the lawmakers at an induction course for them by the National Institute for Legislative Studies (NILS) in Abuja, said it is a corrupt act for lawmakers to dabble in Executive functions.

    He said: “As members of the National Assembly, you will be under very severe pressure to undermine all the provisions of the laudable laws you have passed or will pass.

    “Your constituencies will remind you constantly that you are here through their votes and that in return, you must fund all their future marriages, naming ceremonies, burials, provision of scholarships, potable water and electricity, jobs in selected government offices either as your PA or full time employment.

    “It is the position of the law that the lawmakers themselves made and made certain Acts punishable under the law and we are not the one who will punish.

    “We simply present the facts to the court that this is what has happened in this instance, and the court will decide whether we were right or they were right in doing it”.

    “What I’m saying is that I’m giving you an advice now, if you take that advice, we will remain friends but if you don’t take that advice and do things which under the law are not correct, we will now have to invite you to come and address us on petitions we have received in respect of an infraction”.

    He said the practice whereby lawmakers lobby for contracts and appointments amounted to abuse of public office for private gain.

    But Nta challenged the lawmakers to hold ministries, departments and agencies accountable to improve the living standard of Nigerians.

    He added: “All the roads leading to your communities must be tarred, and if already tarred provided with street lights, sponsor medical treatments abroad or locally. How do you intend to fund all these activities? The answer is yours to provide.

    “How can you provide all these? Hold all the agencies that should provide social services strictly accountable by demanding accountability and openness.

    The Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ibrahim Lamorde said the commission will have to apply Section 7 of the establishment Act if it is noticed that any legislator lives beyond his or her means.

    He added that it will be easy for the EFCC to move into such a situation without petitions since the income of legislators is no secret.”

    He described the establishment of the Commission in 2003 by the administration of former President Olusegun Obasanjo as one of the major steps towards the rebirth of the nation.

    Lamorde stated that prior to the establishment of the EFCC, Nigeria’s image in the international community had been dented owing to economic and financial crimes perpetrated by some individuals and organizations.

    He said Nigeria had been synonymous with money laundering, weak law enforcement and ‘419’ before the creation of EFCC.

    The EFCC chairman, who spoke through the Deputy Director, Public Affairs, Osita Nwajah, said the war against corruption and other economic crimes by the EFCC contributed to the de-listing of Nigeria from the FATF blacklist of Non-Cooperative Countries and Territories (NCCTs).

    He listed some of the commission’s achievements including “robust enforcement of economic and financial crimes, anti-money laundering law, routing of notorious ‘419’ and engendering renewed inflow of Foreign Direct Investments.”

  • Babalakin sues EFCC for malicious prosecution

    THE Chairman of Bi-Courtney Ltd, Dr. Wale Babalakin (SAN), has sued the Attorney General of the Federation (AGF) and the Economic and Financial Crimes Commission (EFCC) for “making desperate efforts to prosecute him maliciously”.

    Babalakin, who is seeking a judicial review of the actions of the AGF and EFCC, had on February 23, 2015 been discharged by Justice Lateef Lawal-Akapo of a Lagos High Court, along with Alex Okoh, Stabilini Visinoni Ltd, Bi-Courtney Ltd, and Renix Nigeria Ltd. They were prosecuted by the EFCC for allegedly laundering N4.7 billion.

    After two years in court, the judge ruled that there was no basis for the charges and consequently struck out the charges. He discharged Babalakin and other defendants.

    The court observed that the entire 27 charges did not contain any single charge that constituted an offence under the laws of Nigeria.

    Following reports that the EFCC was planning to file the same charges against him on the same subject matter and on the same provisions of the law, Babalakin promptly approached the Federal High Court, seeking protection and a Judicial Review of the actions.

    The court presided over by Justice Tsoho on April 29, 2015, granted a restraining order against EFCC prohibiting the agency from proceeding with the action pending the determination of the suit.

    Among the issues raised by Babalakin in the affidavit filed on his behalf is that EFCC had continued to act in breach of all rules of prosecution in his pursuit. Babalakin stated that he was declared wanted by EFCC, barely 30 minutes after he spoke to its officials, in a bid to embarrass him as there was no basis for the declaration.

    He also alleged that after he had been charged to court, EFCC summoned him to take further statements, which showed clearly that it had no case against him as at the time of filing the charges and was only out to  implicate him at all cost irrespective of evidence.

    It would be recalled that the criminal charges were filed against Babalakin a day after the Federal Government terminated the Lagos Ibadan Concession, which is being handled by the prominent lawyer’s Company.

    The coincidence raises a lot of questions, as it appeared that the charges were filed to gag him and prevent him from challenging the termination of the Public Private Partnership (PPP) project. Babalakin is a pioneer of PPP in Nigeria, and only recently, MMA2, which is run by his company, has been adjudged the best terminal in Nigeria and the first privately owned airport terminal in the country.

    Babalakin’s lawyers decried what they described as the pervasive powers of EFCC, which, if it is not properly exercised, could lead to the indiscriminate trampling on the right of innocent citizens.

     

  • Subsidy scam: EFCC re-arraigns Ahmadu Ali’s son, others

    The Economic and Financial Crimes Commission on Tuesday re-arraigned Mamman, son of former Chairman of the Peoples Democratic Party, Ahmadu Ali and two others over their alleged involvement in N4.5 billion fuel subsidy fraud.

    Ali was re-arraigned alongside another oil marketer, Christian Taylor and his company, Nasaman Oil Services Limited before Justice Adeniyi Onigbanjo of a Lagos State High Court, Ikeja.

    ‎They were initially arraigned before same judge on July 26, 2012.

    The co-defendant then, Oluwaseun Ogunnbambo jumped bail, a situation that made the commission to amend charges and re-arraigned the defendants.

    In the amended charge, the defendants are now facing a 49 -count charge as against the former nine- count charge.

    The charges border on conspiracy, obtaining money by false pretences, forgery and use of false documents to obtain money from the Federal Government through the Petroleum Support Fund (PSF).

    At the commencement of proceedings on Tuesday, counsel to the EFCC, Mr. Seidu Atteh, said the defendants had fraudulently obtained N4.5 billion from the federal government between January 2011 and April 2012.

    Atteh said the money was for subsidy payments from PSF for the purported importation of 30.5million litres of Premium Motor Spirit.

    The defendants allegedly forged a bill of lading and other documents which they used in facilitating the fraud.

    ‎He said the offences contravened Sections 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act of 2006.

    He stated further that the offences also violated Sections 363(a) and 364 of the Criminal Law of Lagos State 2011.

    The defendants again pleaded not guilty to the charges preferred against them.

     

  • Alleged fraud: EFCC to amend Nnamani charges

    Alleged fraud: EFCC to amend Nnamani charges

    The Economic and Financial Crimes Commission (EFCC) on Monday prayed a Federal High Court in Lagos, for more time to enable it amend the charges against a former Governor of Enugu State, Chimaroke Nnamani.

    EFCC’s request before Justice Mohammed Yunusa came exactly 46 days after the court granted the commission’s application to separate Nnamani’s trial from that of the other suspects.

    The ex-governor and his co-accused allegedly lodged the laundered N5 billion in a secret account, with the aim of concealing its source and failed to comply with the lawful inquiry by the anti-graft agency.

    According to the commission, their alleged offence contravened the Money laundering (Prohibition) Act, and the EFCC Act, 2004.

    Joined with Nnamani in the alleged money laundering case instituted in 2007 are his former aide, Sunday Anyaogu, as well as six firms belonging to the former Governor- Rainbownet Nigeria Limited, Hillgate Nigeria Limited, Cosmo FM, Capital City Automobile Nigeria Limited, Renaissance University Teaching Hospital and Mea Mater Elizabeth High School.

    According to EFCC, its decision to try the accused persons separately was to prevent the erosion of their assets since the trial had dragged since arraignment without progress as a result of the former governor’s ill health.

    On several occasions, Nnamani through his lawyer, Rickey Tarfa (SAN), had sought leave of court to travel abroad for medical attention, as a result of complications from a heart surgery.

     

  • Money laundering: Fani-Kayode knows fate June 18

    Money laundering: Fani-Kayode knows fate June 18

    A Federal High Court, Lagos, on Monday fixed June 18 for judgment in the alleged money laundering case filed against a former aviation minister, Femi Fani-Kayode, by the Economic and Financial Crimes Commission (EFCC).

    Justice Rita Ofile-Ajumogobia adjourned for judgment after parties in the suit adopted their final written addresses.

    She also granted Fani-Kayode’s prayer to substitute one of his sureties, Wale Ajisebutu with one Ogbor Elliot, following Ajisebutu’s request to withdraw his suretiship for the accused.

    At the resumed hearing on Monday, counsel to Fani-Kayode led by Ifedayo Adedipe (SAN) urged the court to dismiss the two- count charge against the accused as well as discharge and acquit him.

    Adedipe told the court that the defense relied and adopted its final written address filed April 7, and its reply on point of law to the prosecution’s written address, dated April 27.

    He argued that the prosecution’s submission in the case were misplaced and misguided, accusing the EFCC of trying to show to the world that they have a “big fish” but “there’s no fish here.”

    According to Fani-Kayode’s lawyers, the prosecution has failed woefully to prove that the accused received the alleged N1 million, adding that no witness was brought by the EFCC to substantiate its claim.

    He said: “It is now an accepted principle of law that the prosecution in all criminal cases must prove its case.

    “Nobody gave evidence that he gave or saw the accused collecting money (N1 millon). The only evidence was that of prosecution witness Supo Agbaje, whom the prosecution had declared wanted.

    “In his statement, the witness said he deposited N1 million in the accussed’s account but never said he saw the accused collecting money.

    “What happened after the receipt of money is not the case but receiving the money. The accused never confessed to receiving money from anybody and there is no such evidence before the court.”

     

  • Update: Igbinedion’s brother to be sentenced Thursday

    Justice Mohammend Liman of the Federal High Court in Benin City,  deferred till Thursday the  sentencing of Micheal Igbinedion and other persons convicted in the N25billion money laundering case instituted them by the Economic and Financial Crimes Commission.

    Micheal is a younger brother to Chief Lucky Igbinedion who ruled Edo State from 1999 to 2007.

    He served Lucky as a Personal Assistant on Special Duties to his brother.

    Micheal and others including Patrick Eboigbodin, a former Accountant-General of the state and their four companies – Gava Corporation Limited, Romrig Nigeria Limited, PMI Securities Company Limited and PML (Nigeria) Limited were arraigned on an 81- count charge bordering on money laundering, misappropriation of funds, conspiracy and abuse of office.

    In a judgment that was read for over three hours, Justice Liman convicted Micheal on count 79, 80 and 81 which bothered on collecting cash payment above N500,000.

    Patrick and PML (Nigeria) Limited were convicted on count 50, 51, 52, 53, 54, 55, 56, 57, 58 and 58 which bothered on collaboration to conceal origin of funds amounting to millions of naira paid into their private accounts.

    Justice Lima said the prosecution proved alleged collaboration beyond reasonable doubts.

    Lima, however, discharged all the accused on other charges because the prosecution failed to prove the allegations.

    He said the prosecution only proved suspicion and failed to prove illicit origin of funds deposited in some banks.

    Justice Lima said he could not sentence the accused after reading the judgment and adjourned till Thursday.

  • Fraud: Court convicts Igbinedion’s brother, others

    A Federal High Court sitting in Benin City, Edo State, has convicted Micheal Igbinedion and others in the N25billion money laundering case instituted them by the Economic and Financial Crimes Commission.

    Micheal, a younger brother to Chief Lucky Igbinedion, who was  Edo State governor from 1999 to 2007, served as a Personal Assistant on Special Duties to the ex-governor.

    Others listed in the case are Patrick Eboigbodin, a former Accountant-General and four companies namely  Gava Corporation Limited, Romrig Nigeria Limited, PMI Securities Company Limited and PML (Nigeria) Limited.

    They were arraigned on an 81-count charge by the EFCC.

    Justice Mohammend Liman convicted the accused after reading the judgment for over three hours.