Tag: EFCC

  • $1m fraud: EFCC nab syndicate for impersonating Olukoyede

    $1m fraud: EFCC nab syndicate for impersonating Olukoyede

    The Economic and Financial Crimes Commission (EFCC) has apprehended a four-man syndicate for allegedly impersonating and blackmailing its Chairman, Mr Ola Olukoyede, in a $1 million fraud.

    The agency’s spokesperson, Dele Oyewale, said this in a statement yesterday in Abuja.

    He said the suspects were arrested on Wednesday at Gimbiya Street, Garki, and Apo Legislative Quarters, Abuja.

    Oyewale stated that the alleged fraudsters impersonated the EFCC Chairman and contacted a former Managing Director of the Nigeria Port Authority (NPA), Mr Mohammed Bello-Koko, for a deal.

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    According to Oyewale, they claimed that Bello-Koko was implicated in fictitious EFCC investigative activities during his tenure as NPA MD.

    “The impersonators allegedly demanded $1 million from Bello-Koko, threatening arrest and prosecution if he failed to comply.

    “Upon receiving intelligence about the impersonators, EFCC operatives were deployed to collaborate with the alleged fraudsters, leading to their successful arrest.

    “The suspects are in EFCC custody and will be charged to court once investigations are concluded,” he said.

  • EFCC probes fake staff member arrested by DSS

    EFCC probes fake staff member arrested by DSS

    Investigators of the Economic and Financial Crimes Commission (EFCC), Gombe Zonal Directorate, have commenced an investigation of one Solomon Yohana for allegedly impersonating staff of the commission.

    Its Spokesperson, Dele Oyewale, said this in a statement on Wednesday in Abuja.

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    According to him, the suspect was arrested on Aug. 19, in Guyuk Local Government Area, Adamawa by the Department of State Service (DSS) and handed over to the EFCC.

    “Items recovered at the point of arrest include: one Fake EFCC ID Card, some fake EFCC letter-heads, one fake EFCC polo shirt and a fake Special Control Unit against Money Laundering, SCUML shirt.
    “He will be charged to court as soon as investigation are concluded,” he said. (NAN)(www.nannews.ng)

  • EFCC advises filmmakers to conduct due diligence on funding sources

    EFCC advises filmmakers to conduct due diligence on funding sources

    The Economic and Financial Crimes Commission has appealed to filmmakers to conduct due diligence before accepting funding for movie production.

    The chairman of the Commission, Olanipekun Olukayode, stated this at the National Film and Video Censors Board Round Table Forum with film producers, exhibitors, and distributors, tagged: ‘Morality and Ethics in Film Production in Nigeria’ at the second edition of the Lagos International Film and Cinema Convention.

    The chairman, who was represented by the Head, Public Affairs (EFCC), Lagos Directorate, Ayo Oyewole, challenged filmmakers to ensure that the film industry does not become a soft target for funds laundered illegally from outside the financial system.

    According to Oyewole, “Filmmakers must conduct due diligence on funds for their productions otherwise they act as couriers for illicit funds.”

    Oyewole, who is also a deputy commander in the commission said further, “There is a need for filmmakers to carry out know your customer test before accessing any funding.”

    The Executive Director of the National Film and Video Censors Board (NFVCB), Husseini Shaibu collaborated on the claim by the EFCC.

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    Husseini said, “With the abrogation of tobacco advertising in the electronic and print media, and the EFCC closing down on Estate Developers, the film industry naturally becomes the next target for illicit funds.”

    In his response, the President of the Cinema Exhibitors Association of Nigeria, Opeyemi Ajayi informed the EFCC representative that his request is difficult for the film industry to meet because the sector is privately driven.

    He also said the film industry doesn’t receive any funding or grants from the government.

    Another prominent filmmaker, Teco Benson shared the same sentiment while advising the EFCC to put money down for productions if they want certain films produced or commissioned documentaries.

    He said the onus is on the EFCC to track the owners of the funds, while filmmakers are concerned about how to repay the funds advanced to them.

  • EFCC arrests 14 suspected fraudsters in Benue

    EFCC arrests 14 suspected fraudsters in Benue

    Operatives of the Economic and Financial Crimes Commission (EFCC), Makurdi Zonal Directorate, have arrested 14 suspected internet fraudsters in a sting operation at the Federal Low cost Housing Estate, Makurdi, Benue.

    The EFCC Spokesperson, Dele Oyewale, said this in a statement on Friday in Abuja.

    According to him, their arrest followed actionable intelligence about their suspected involvement in internet fraud.

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    “The suspects are Austine Okwori, Osita Valentine, Skott King-David, Thomas Ifebuche, Akor Oche, Henry Adah, Scott Inalegwu, Ogbu Alpha, Samuel Moses, and  Ogbonna Ckukwuaogwu.

    “Others include Mustapha Adinoye, Sylvanus Ogbu, Emmanuel Adamu and Samuel Otene,” he said.

    He said that Items recovered from the suspects included phones, laptops and charms.

    Oyewale said that they would soon be charged to court as soon as investigations are concluded.

    (NAN)

  • EFCC, ICPC warn civil servants against bypassing procurement guidelines

    EFCC, ICPC warn civil servants against bypassing procurement guidelines

    The Economic and Financial Crimes Commission (EFCC) and the Independent Corrupt Practices Commission (ICPC) have warned civil servants against circumventing procurement processes to enrich themselves.

    The two anti-graft agencies gave the warning at a two-day integrity innovation lab conference for public servants organised by civil technology organisation, Accountability Lab Nigeria, in partnership with MacArthur Foundation and Ford Foundation in Abuja.

    The two-day conference aimed to give the nation robust, solution-oriented conversations for public servants to enable them build the knowledge and equip themselves with tools to influence norms and change behaviors by promoting accountability, integrity and ethical leadership in their duties.

    The anti-graft agencies referred the civil servants to several sections of their establishment Acts, and the punitive measures recommended for anyone found to have erred and corruptly enriched his or herself in the cause of procurement processes.

    EFCC Chairman Ola Olukoyede, who was represented by an official of the agency, Dr. Johnson Eze, urged Nigerians to key into the fight against corruption.

    The EFCC chairman highlighted several efforts the commission was making to tackle different windows of financial corruption, stressing that while a particular window was detected and closed, criminals created others, especially through the digital space to further perpetuate corrupt practices.

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    He said: “Very often, the person who is screaming at the rooftop, like a child, is the one stabbing somebody in school. We are expecting that one agency will be able to cure every malaise. But I tell you straight up: it is not possible.

    “That is why, if there’s anything that I will, point blank, be saying today, it is hold your end. Then we probably will have a chance to fight corruption.”

    Olukoyede debunked the belief that the EFCC was playing double standards in the fight against corruption.

    He reminded Nigerians about the law that presumes every suspect innocent until otherwise proven, adding that Nigeria is guided by law that citizens and agencies must abide by.

    The ICPC Chairman, Dr. Musa Aliyu, who was represented by Clifford Oparaodu, said the commission had been deeply involved in monitoring procurement processes in the public service arena.

    He urged civil servants to always abide by the established rules to always foster a clean financial management system.

    The Director General of the Bureau of Public Service Reforms (BPSR), Dasuki Arabi, who was represented by the Head of Audit, Emmanuel Achoda, stressed the need to address perceived gaps in service delivery challenges in the nation’s public sector.

    He said: “Globally, public service delivery has remained a great challenge. There is perceived dissatisfaction by citizens on service delivery leading to public mistrust and lack of confidence in the integrity of public officers.”

    “It’s pertinent to state that for any public institution to attain a world-class standard comparable to any of the developed countries, it must have reliable public officers to drive the objectives and goals of government.

    “Upholding integrity in the public service is apt and very strategic to good governance. This accounts for why countries with high level of moral integrity will exhibit lower levels of corruption.”

    The Country Director of Accountability Lab Nigeria, Friday Odeh, explained that the workshop was organised to close or attempt to close the huge trust and confidence gap between public servants and other Nigerians.

    He said: “This is important at this time that we are having conversations on bad governance. There were protests across the country recently which provided an opportunity for citizens to demand for better governance and leadership system that will better their lives.

    “There’s a need for public servants to build trust with the citizens. Public service should be built on integrity, trust and efficiency. We should be accountable and transparent in our dealings with Nigerians. Quality services are far-fetched and that need to be corrected.”

  • EFCC’s bid for whistle-blowers’ protection, by Tunde Rahman

    EFCC’s bid for whistle-blowers’ protection, by Tunde Rahman

    Delivering a paper on the “Impact of the whistleblowing policy on public sector accountability and transparency” on Thursday, July 11, 2024, at the Inter-agency Task Team (IATT) conference in Abuja, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Olanipekun Olukoyede, reopened the debate about the imperative of effective engagement of whistle-blowers in the battle against corruption.

    Restarting the conversation, perhaps unwittingly, he identified some of the perceived weaknesses of the whistle-blower policy, which should be addressed, including the need for adequate safeguards for whistle-blowers to shield them from persecution or punishment.

    It was in a bid to expose and confront corruption that the Buhari administration adopted whistleblowing as a government policy in 2016. The policy has since become lukewarm as many would-be whistle-blowers withhold information for fear of their safety. Corruption must be tackled frontally for it has eaten deep into our nation’s fabric like cankerworm.

    In fact, Olukoyede labels corruption as the next deadliest affliction of humanity after terrorism.

    Indeed, a measure of the magnitude of public sector corruption in Nigeria and its colossal disruptive effects on the economy emerged in a report released by the National Bureau of Statistics, which indicated that Nigerian public officials received N721 billion as bribes in 2023, amounting to about 0.35% of the country’s Gross Domestic Product.

    When it was espoused in 2016, a whistle-blower who provides information about any financial mismanagement or gives clues about any stolen funds to the Ministry of Finance’s portal is rewarded or entitled to between 2.5% and 5% of the recovered funds by the Federal Government. 

    Some important recoveries were made following whistleblowing. For instance, within the first two months of the policy, the Federal Government recovered over $178 million stolen from the government’s coffers. According to Wikipedia, by June 5, 2017, the Federal Ministry of Finance had received a total of 2,150 tips from the public and this grew to 5,000 by August of the same year.

    The recovery that year, through a whistle-blower’s effort, of $ 43.5 million, GBP27, 800 and N23.2million at No. 16 Osborne Road, Ikoyi in Lagos is particularly remarkable. To keep its part of the bargain, the Federal Ministry of Finance, according to reports, paid the whistler-blower involved the sum of N421 million, though the entire episode later became controversial.

    Strengthening whistle-blowers to expose wrongdoings has become imperative if the anti-corruption fight must fully succeed. This is why civil society organisations and concerned individuals have been engaged in some advocacies since 2016 to ensure that people who blow the whistle are properly protected.

    “The starting point is to emplace a legal framework for whistleblowing including a Whistle-blower Protection Law,” the EFCC chairman surmised, while also calling for the streamlining of the channels for reporting and procedures for the determination and payment of incentives.

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    According to him, there should be “clear-cut guidelines on reporting channels, including determining agencies to receive the whistle-blower information”.

    Olukoyede’s call is important. Those who blow the lead on corrupt practices must not be put in arm’s way. They must be sufficiently protected. Their resolve to promote the anti-corruption crusade would be strengthened if they knew the law would protect them in the act.

    Since he was appointed the fifth Executive Chairman of the EFCC in October 2023, Olukoyede has ushered in a new era and leadership at the commission. A pastor and lawyer, he has left no one in doubt about his seriousness in waging the war on corruption and given the graft battle all it requires. Olukoyede has taken important steps to take the battle against corruption to a new high. He has taken on those hitherto viewed as sacred cows, those who could not be touched, let alone asked to account for their deeds. 

    At every turn, he uttered the right words and made the right call, though occasionally his haste and exuberance shone through. His passion and determination to clean the Augean stable is, however, unmistakable. His deep knowledge of the law has been a huge advantage, helping to moderate his handling of allegedly corrupt people.

    While making a case for whistle-blowers to be protected, Olukoyede also urged Nigerians not to be motivated by pecuniary benefits in exposing corruption, stressing that incentives should not be the driving force of the policy. “A sustainable whistle-blower programme should be anchored on a moral foundation in which citizens provide information as a matter of patriotic duty, not propelled by a desire for reward. Whistleblowing should be organic, not driven by pecuniary considerations,” he said.

    For him, whistleblowing should also not be reactionary. “We should be more interested in whistleblowing that prevents the stealing of public funds rather than the recovery of funds. Once funds are looted, the entire loot may never be recovered,” he said.

    Barely a year in office, the EFCC under Olukoyede’s watch has recorded considerable convictions of people for corrupt practices and made bounteous recoveries from proceeds of corruption. Between May 2023 and May 2024, it is on record that the commission secured a total of 3,451 convictions from 5, 376 cases filed in various courts. A total of 15,753 petitions were also received out of which 12, 287 cases were investigated within the same period.

    It is a pointer to the visionary leadership being provided by Olukoyede and his commitment to a better Nigeria that the EFCC contributed the sum of N50 billion each to two of the key programmes of the President Bola Tinubu administration, the Nigeria Education Loan Fund, and Consumer Credit programme, from the proceeds of corruption.

    In the final analysis, the government and Nigerians generally, especially youths, must prioritize prevention and encourage behavioural changes towards anti-corruption. The news about the new mobile app for youth to report crimes is therefore a welcome development. The mobile application called Mobiliser is specifically targeted at Nigerian youths and can be downloaded on phones to report crimes and criminalities.

    According to the National Orientation Agency Director-General, Lanre Isa-Onilu, who developed the app, this will give security operatives, comprising the Nigeria Police, the military, and other security agencies, the opportunity to swing into action and trail criminals and bring them to book.

    Indeed, we must continue to tighten the noose around corrupt officials if we are to promote transparency and accountability in public service. To actualise this, we need to revisit the matter of whistleblowing and protection for whistle-blowers. And the best way to protect whistle-blowers, in my view, is through the confidentiality of information.

    -Rahman is a Senior Presidential Aide.

  • Our ‘X’ account is undergoing an upgrade – EFCC

    Our ‘X’ account is undergoing an upgrade – EFCC

    The Economic and Financial Crimes Crime Commission (EFCC) says its ‘X’ account is being updated to ensure that it has a more globally account.

    EFCC Spokesperson, Dele Oyewale, told the News Agency of Nigeria (NAN) in Abuja:”our X account is  down temporarily due to ongoing upgrade and we will soon bounce back.

    `You know when there is an upgrade in a system, it may be temporarily down and inaccessible. We doing the upgrade to serve the public better.

    “You can see that other social media pages of the commission are still functional”.

    He said that the anti-graft agency was also updating its records on the account.

    ”Our account was not hacked. It will soon start running,” he said.

    Checks by NAN on Thursday showed that the landing page of the account, which had over two million followers, reads: ‘The term you entered did not bring up any results. Please try again later’.

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    However, the agency’s website and other social media pages, such as Facebook and Instagram, are functional.

    NAN reports that there are a number of reasons why accounts on the platform may not be accessible.

    They include poor internet connection, uncleared cache, suspicious usage/attempted hack, to the flagging of the handle for a violation of X policies.

    (NAN)

  • FCCPC, EFCC pledge to protect consumers from exploitation

    FCCPC, EFCC pledge to protect consumers from exploitation

    The Competition and Consumer Protection Commission (FCCPC) in partnership with the Economic and Financial Crimes Commission (EFCC) are collaborating to  protect Nigerian consumers from exploitation, as Olukoyede designated Bello as an Ambassador to the EFCC.

    This commitment was made during a courtesy visit by the Executive Vice Chairman/Chief Executive Officer of the FCCPC, Mr. Tunji Bello, to the Executive Chairman of the EFCC, Mr. Olanipekun Olukoyede in Abuja with Bello  commending the EFCC’s expertise in surveillance and investigation.

    Again Bello expressed concern over the increasing cases of arbitrary price hikes, emphasising the need for a joint effort to address the issues, while soughting support in combating these unfair trade practices.

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    Speaking, the EFCC Chairman Olukoyede acknowledged the challenges faced by consumers and assured the FCCPC of the EFCC’s full cooperation. He emphasised the importance of a strong partnership between the two agencies in creating a fair and equitable market for Nigerian consumers.

    Both agencies agreed to intensify their joint efforts to protect consumer rights and bring perpetrators of economic crimes and unfair market practices to justice.

    This is coming barely a week after FCCPC announced its desire to engage market leaders across the country to curb the exploitative pricing of consumer goods.

  • Ogun officials’ invitation by EFCC not linked to Adedayo’s petition – Government

    Ogun officials’ invitation by EFCC not linked to Adedayo’s petition – Government

    The Ogun State Government has refuted reports that its officials were invited to the Ibadan Zonal Office of the Economic and Financial Crimes Commission (EFCC) in connection with a petition allegedly filed by Wale Adedayo, a former Chairman of Ijebu East Local Government, who was removed from office over allegations of financial misappropriation.

    Contrary to insinuations made in a story titled “Alleged Funds Diversion: EFCC quizzes Ogun Accountant General, Others,” published by certain media outlets, the government clarified that the officials were not summoned over any alleged diversion of local government funds.

    This clarification was provided in a statement issued by the Special Adviser on Media and Publicity to the State Governor, Hon. Kayode Akinmade.

    According to the statement, the officials were not presented with any petition from Adedayo. The EFCC, being a responsible body, would have provided them with the petition if it were truly the basis for their invitation.

    The statement further remarked: “Ordinarily, there would be no reason to respond to the antics of a known provocateur and rabble-rouser, who has made salacious, evidence-free allegations against Governor Dapo Abiodun and his administration, with the intent to sow discord among the people and destabilize Ogun State.

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    “While we continue to respect media organizations as partners in progress, we categorically state that the report in question is nothing but fake news and should be disregarded.

    “As is the case with officials from other state governments, Ogun State officials are not exempt from invitations by anti-graft agencies if clarification on any matter is needed. It is reassuring that the EFCC confirmed our officials, as law-abiding citizens, honoured the invitation and have since returned to their duties.

    “It is, however, a complete fabrication to claim that they were invited due to a petition by Wale Adedayo, a chief propagandist who once accused his former boss, Otunba Gbenga Daniel, of being a serial killer, and who falsely claimed that his co-chairmen supported his petition against Governor Abiodun—a claim they have categorically denied.

    “The media, as a cornerstone of society, should not assist rabble-rousers and morally bankrupt individuals in spreading falsehood.”

  • EFCC grills two Kogi officials

    EFCC grills two Kogi officials

    Two Kogi State Government officials, Abdulsalami Hudu and Umar Oricha, were yesterday grilled by the Economic and Financial Crimes Commission(EFCC)’s headquarters in Abuja over allegations of corruption.

    The state Commissioner for Information and Communications, Kingsley Fanwo, said the duo reported at the commission, following a report that a Federal High Court ordered their arrest.

    In a statement, Fanwo said: “Despite not receiving an official invitation, they decided to voluntarily report at the headquarters of the commission in Abuja.

    “We have not been told the specific details of the allegations against them, but they may not be unconnected to the ongoing investigations regarding some present and former government officials.’’

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    It had been reported earlier that Hudu and Oricha turned themselves in to the EFCC over corruption allegations.

    The statement added: “The officials reported as law-abiding citizens of Nigeria to further demonstrate that the Government of Kogi State has nothing to hide and will always open her books to lawful investigations.

    “We hope that the EFCC will respond to the patriotic action of the officials by remaining professional in conducting their investigations.

    “As a government, we are always prepared to cooperate with anti-graft agencies to prove our transparency and retain the confidence of our development partners who have consistently given us awards in recognition of our unflinching transparency, accountability and probity.”