#EFCC News

[arewanahiya]

President Tinubu Appoints New Leadership for EFCC: Ola Olukoyede as Chairman and Muhammad Hammajoda as Secretary

President Tinubu Appoints New Leadership for EFCC: Ola Olukoyede as Chairman and Muhammad Hammajoda as Secretary   Introduction In a significant development, President Bola Ahmed Tinubu has announced the appointment of new leaders for the Economic and Financial Crimes Commission (EFCC). Mr. Ola Olukoyede has been appointed as the new Executive Chairman of the EFCC, while Mr. Muhammad Hammajoda…

[nigerianewstimes]

EFCC declares company promoter wanted over failed $6bn Mambilla Hydropower Project

The EFCC posted the notice declaring Mr Adesanya, a promoter of Sunrise Power and Transmission Ltd, wanted on its verified Facebook page on Wednesday.

Nigeria’s anti-corruption agency, EFCC, has declared Leno Laitan Adesanya, a promoter of Sunrise Power and Transmission Ltd, wanted over his alleged role in the $6 billion Mambilla hydropower contract.

The EFCC posted the notice declaring Mr Adesanya wanted on its verified Facebook page on Wednesday.

In the publication signed by EFCC spokesperson Dele Oyewale, the commission urged members of the public to volunteer useful information about Mr Adesanya’s whereabouts.

Mr Adesanya, 66, hails from Eti-Osa Local Government Area of Lagos State.

Background

In January, the EFCC arraigned a former Minister of Power and Steel, Olu Agunloye, on corruption charges concerning the failed multi-billion-dollar Mambilla Hydropower project.

In one of the seven counts filed by the anti-graft agency, it accused Mr Agunloye of awarding a contract in May 2003 for the construction of 3,960 megawatts (mw) Mambilla Hydroelectric Power Station on a ‘Build, Operate and Transfer basis’ “without any budgetary provision, approval and cash backing”.

The commission said the award of the contract to Sunrise Power and Transmission Company Limited (SPTCL) constituted an offence contrary to and punishable under Section 22(4) of the Corrupt Practices and Other Related Offences Act, 2000.

It also accused Mr Agunloye of corruptly receiving N3.6 million from Sunrise Power company in August 2019, years after leaving office, for the purported approval of the federal government for the award of the contract to the company.

EFCC said this act is also contrary to and punishable under Section 8(1)(a) and (b) of the Corrupt Practices and Other Related Offences Act, 2000.

But Mr Agunloye denied all the charges, insisting that he is being picked on as the fall guy for the government’s mishandling of the project, while those who were responsible for it were left off the hook.

The project, first awarded in 2003 to Sunrise Power and Transmission Limited by the Olusegun Obasanjo-led administration, is the subject of decades of a legal dispute that is now under international arbitration between the company and the Nigerian government.

Mr Obasanjo, in distancing himself from the botched contract, claimed that he was not aware that the contract was awarded by his then-minister, Mr Agunloye.

According to Mr Agunloye, the contract for the project was duly awarded in 2003 by the Obasanjo administration on a Build, Operate and Transfer basis to deliver Nigeria’s biggest power plant with over 3,000 megawatts capacity at no cost to the Nigerian government.

The project was expected to address Nigeria’s intractable energy crisis.

[insightnews-entertainment]

EFCC Uncovers Religious Sect Laundering Money For Terrorists

In a startling revelation, the Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, has disclosed the involvement of a religious sect in Nigeria in laundering money for terrorist organizations.

This information came to light during a one-day dialogue on “Youth, Religion, and the Fight against Corruption” held at the Musa Yar’Adua Centre in Abuja on Wednesday.

In addition to this shocking discovery, Olukoyede also revealed that another religious body was found to be harbouring a money launderer.This was uncovered after funds suspected to be part of a money laundering operation were traced to the organization’s bank account.

The EFCC Chairman emphasized that these findings indicate the extent to which religious organizations, institutions, and bodies have become entangled in financial crimes, particularly money laundering.

Olukoyede said, “A religious sect in this country had been found to be laundering money for terrorists.

”Earlier, he noted, “We were able to trace some laundered money to a religious organisation, and when we apporached the religious organisation about it and we were carrying out our investigation, we got a restraining order stopping us from carrying out our investigation.”

[toogalaxyflower]

Taj Bank Drags Before EFCC Over Alleged Fraudulent Practices

Taj Bank Drags Before EFCC Over Alleged Fraudulent Practices   By: Femi Mustapha     The Nexus 24 Agrik Commodities Limited has dragged Taj Bank Limited before the Economic and Financial Crimes Commission (EFCC), over alleged fraudulent activities including forgery, perjury, collusion, criminal conspiracy, and corruption.   According to a petition with file number EFCC/PET/KAD/1426/2023 dated 4th…

[dozenhost]

Supreme Court Dismisses Suit Against Delta Governor Oberevwori

The Supreme Court has dismissed an appeal brought before it by Ikie Aghwarianovwe, seeking the disqualification of Delta State Governor, Rt. Hon. Sheriff Oborevwori for lacking in merit. In a unanimous judgement delivered by Justice Emmanuel Agim, the court held that the appellant failed to prove his case beyond a reasonable doubt. According to Justice Agim, the mere fact that there were…

[premimtimes]

EDITORIAL: Fuelling public service corruption with unpaid retirees benefits

Retirement, which ordinarily is a phase in life redolent with a sense of fulfilment and happiness in other parts of the world, is a nightmare in Nigeria. Workers in the public services in the states of the country retire without being paid their pensions and gratuities for about a decade. Many have slumped and died in endless queues, while undergoing a series of verifications and documentation…

[nghubs1]

Abdullahi Adamu Biography, Age, Education, Career and Net Worth

Abdullahi Adamu Biography, Age, Education, Career and Net Worth

Abdullahi Adamu is a Nigerian politician, lawyer and former governor of Nasarawa state. He is the National Chairman of the All Progressive Congress (APC). Abdullahi Adamu was born on 23 July 1946 in Keffi, Nasarawa State, Nigeria. Educational Background Abdullahi Adamu attended Government Secondary School, Makurdi between 1960–1962 and the Government Technical College, Bukuru between 1962 and…

[the9jafresh]

Bola Ahmed Tinubu Biography - Age, Career, Education, Early Life, Family, Awards, Political Career, Wiki And Net Worth

Bola Ahmed Tinubu Biography – Age, Career, Education, Early Life, Family, Awards, Political Career, Wiki And Net Worth

Bola Ahmed Tinubu Biography – Age, Career, Education, Early Life, Family, Awards, Political Career, Wiki And Net Worth Let us discuss Bola Ahmed Tinubu’s Biography in terms of her Age, Career, Education, Early Life, Family, Political Career And Net Worth and much more. Tinubu was born in Lagos State on March 29, 1952. He is the National Leader of the All Progressive Congress (APC). Tinubu…

[prowlingeagles]

NULGE asks EFCC, ICPC to probe LG allocations ...calls for speedy passage of LG Autonomy Bill

NULGE asks EFCC, ICPC to probe LG allocations …calls for speedy passage of LG Autonomy Bill

  By Adetokunbo Fakeye   The Nigeria Union of Local Government Employees on Thursday 1st September, 2022 called on the Economic and Financial Crimes Commission, EFCC, and Independent Corrupt Practices and other Related Offences Commission, ICPC, to probe local government allocations in the past seven years, noting that state governors have continued to divert and misappropriate council…

[lawrenceigwestuff-blog]

The EFCC raids bureau de change operators in Abuja due to a lack of dollars.

The EFCC raids bureau de change operators in Abuja due to a lack of dollars.

The majority of the bureau de change operators in Abuja are located in Wuse Zone 4, which was searched by EFCC agents on Friday. According to reports, EFCC agents are looking into allegations that certain people are collecting and storing foreign cash, creating a shortage that is increasing the value of the dollar. Wilson Uwujaren, the EFCC’s spokesperson, could not be reached for comment. The…

[wakadaily]

Christ Embassy Pastor, Wife Declared Wanted by EFCC for Alleged N2bn

Christ Embassy Pastor, Wife Declared Wanted by EFCC for Alleged N2bn

The Economic and Financial Crimes Commission(EFCC), has declared a couple, Onyinmiebi (Miebi Baraza) and Beatrice Bribena, wanted. Pastor Onyinmiebi is the Chief Executive Officer of Baraza Multipurpose Cooperative, based in Bayelsa State. The EFCC declared the couple wanted for alleged case of Conspiracy, Obtaining money by false pretence, money laundering and Ponzi Scheme to the turn of N2…

[arewanahiya]

EFCC convicts four Internet scammers in Kaduna

EFCC convicts four Internet scammers in Kaduna The Economic and Financial Crimes Commission Kaduna Regional Command EFCC has convicted Laban Samson, Shedrack James, Ankale James, Sylvanus and Nnadi Uchechukwu before Judge A.A. Ishaka and Darius Kobobo, both of the Kaduna State High Court, were each charged with one count of cheating by impersonation. The defendants were arrested in various parts…

[news-24press]

EFCC declares Leno Adesanya, promoter of Sunrise Power, wanted over ‘corrupt offer to public officers’

The Economic and Financial Crimes Commission (EFCC) has declared Leno Adesanya, the promoter of Sunrise Power and Transmission Ltd.

In a notice issued on Tuesday, the EFCC said Adesanya is wanted “in an alleged case of conspiracy and corrupt offer to public officers”.

Adesanwa was mentioned in three out of the seven-count charges preferred against Olu Agunloye, former minister of power and steel.

The EFCC is prosecuting Agunloye over the $6 billion Mambilla hydropower contract.

news-24press had reported that EFCC traced some suspicious payments made by Sunrise Power and Transmission Ltd to Agunloye’s bank accounts.

In one of the counts, the EFCC alleged that on August 10, 2019, Agunloye “corruptly received the sum of N3,600,000.00” through his Guaranty Trust Bank account no.0022530926 from Sunrise Power and Transmission Company Limited (SPTCL) and Leno Adesanya for approving the Mambilla Hydroelectric Power Station project.

Former President Olusegun Obasanjo had challenged Agunloye to tell Nigerians where he derived the authority to award a $6 billion contract to Sunrise for the Mambilla hydropower project in 2003.

Sunrise Power is in arbitration with Nigeria at the International Chamber of Commerce (ICC), Paris, France, alleging a breach of contract.

The company said it was awarded a $6 billion build, operate and transfer (BOT) contract in May 2003 by the Obasanjo administration but that the federal government repudiated the agreement.

Sunrise is asking for a compensation of $2.3 billion, claiming it had spent millions of dollars on financial and legal consultants before the contract was jettisoned.

In its defence at the arbitration, the Nigerian government is alleging fraud and corruption of public officials in the award of the contract.

The matter is similar to the P&ID case in which a UK court nullified an $11 billion award against the country for the same reasons.

[metastarfinancehub]

Hajia Bintu Joins Latest TikTok Challenge And Ceases Attention As Her ‘Pee’ Draws In Attire (Video) | ASUU EFCC Simeone |

Hajia Bintu Joins Latest TikTok Challenge And Ceases Attention As Her ‘Pee’ Draws In Attire (Video) | ASUU EFCC Simeone |

As soon as Hajia Bintu releases a new challenge video, social media users stop paying attention to her. People’s attention was drawn to the shape of the word “poosy” in the video. Due to other extras that came with the film, many viewers watched it twice. the video below View this post on Instagram A post shared by Slay Queens Africa (@slay_queensafrica)

[africhome01]

Why we must kill drug pushers now

I knew I couldn’t trust Bill Gates to stay beyond the tenure of his good friend, the incorruptible Muhammadu Buhari. Not especially when Bola Ahmed Tinubu’s government is witch-hunting Buhari’s most trusted incorruptible cabinet members and their families. It wasn’t long that the Economic and Financial Crimes Commission (EFCC) declared Yahaya Bello of Kogi State, the best performing governor of the Buhari era and a close ally of the Buhari family, wanted. They’ve only come short of putting a ransom on Bello’s head. He looks like the kind of person that American bounty hunters would be interested in hunting down if the price is right. Then, last week, Mr Tinubu’s anti-corruption officers picked up Buhari’s second most prominent minister, Hadi Sirika, and his daughter. Sirika smashed records when he established an e-airline for Nigeria, went to Ethiopia and borrowed proper airplanes just to demonstrate to Nigerians what a real aircraft looked like. He was kind enough to print Air Nigeria stickers on the planes and to make sure they actually flew and touched down in Abuja. Now the EFCC has arraigned him, his lovely daughter and the husband for so-called corruption. As they say in Nigeria – who does that? Worried about the optics of these all, Mr Gates asked his company, Microsoft, to close its operations across Nigeria. To really spite our beloved president, Mr Gates did this at a time when Mr Tinubu was at the holy gates of Jannah asking Allah to make his one-year tenure in Aso Rock truly memorable. Not that there are no memories of the Tinubu presidency. Ask even the Iyalojas around Tinubu Square in Lagos and they would tell you that their beloved son, former governor and godfather of Lagos politics, hit the ground running. While campaigning under the banner of emi lo kan (it is my turn), Tinubu did not lie to voters. He told them pomp and plain that he would remove the subsidy on petroleum products even if they had the address of Angel NNPC who is in charge of petrol and its derivatives. He did not disappoint on that score. Just as the prices of commodities hit the roof and the labour unions were threatening fire and brimstone, Mr Tinubu courageously endorsed the increment in tariffs for electricity. That targeted those that reportedly enjoy the essential commodity for 20 hours a day, which if you were to conduct a census would not amount to much. Of course, Mr Tinubu must have heard the tale of the wickedness of the house rat. In Yagba folklore, it is believed that the rat never bites its victims without fanning the wound. Our dear president later increased the salary of public servants, giving the redundant National Assembly leeway to increase its own jumbo allowances for minimum work done. The litany of achievements did not end there. Mr President tested the ground with revenue generation when he initially allowed his beloved son, Yemi Cardoso, of the Central Bank of Nigeria (CBN) to announce overnight a so-called cybersecurity levy on all withdrawals within the banking sector. That was when the opposition rallied and roundly threatened to make Nigeria ungovernable for President Rehoboam. Even for his celebrated courage, our people-loving president has been forced to ask his guy to stay action on those levies. With all these goodies coming from our brand new old president, where else should a serious company like Microsoft be hoping to do business except Nigeria? It is very sad that Mr Gates could not break into the business potential of Nigeria beyond the tenure of his good friend, Buhari. Instead of taking advice from Tinubu’s friends, he appeared to have pitched tents with Nigeria’s enemies including Procter & Gamble, GlaxoSmithKline Consumer Nigeria Plc, Sanofi and Bolt Food. One message for all these quitters – they should remember the saying that quitters never win. Our prayer is that they survive long enough with their divestment from Nigeria to see what our great nation would become under Tinubu. Readers may be tempted to ask what our National Assembly was doing while all these things were going on? Fact is that those guys were very busy at work dealing with the issues that affect Nigeria and Nigerians. Last week, they exhumed Decree 20 from Buhari’s delete folder and returned to prescribing the death penalty for drug trafficking. These overpaid and underperforming drones discovered that if they killed people for drugs, Mr Gates and his cohorts might return to do business in Nigeria. Who does not know that addiction kills the hope that Tinubu promised to renew? Only those who live outside Nigeria. Nigerians hate debauchery, and drug is soiling the nation’s garment of spirituality. If there are factories left by the fleeing companies, we all know they’d be taken over by spiritual houses. Go to Canada where the sinful Trudeau government made $5.07bn in cannabis sales last year and you will see the full picture of people roasting in hell on earth. America, the global democracy police, scooped $37bn in similar income in just five or so states where the sale of the devil’s food is legal. Check every vice you see in Nigeria today and you find drugs behind it. All those accused of corruption are drug addicts. Ask Buba Marwa, the NDLEA chief, or Pastor Olanipekun Olukoyede of EFCC and they will corroborate this fallacy. Why do you think Mr Kayode Egbetokun is opposed to state police but keeps mum about the establishment of religious police? Drugs, guys, drugs like the sweet codeine. Our eyes are too dainty to behold the sales of codeine for fear of addiction. Our hisbah, the religious police, constantly carries out raids on federal highways to confiscate transported alcohol that may tinker with the reasoning faculty of our precious youths that enjoy generous allowances from the government to prevent them from missing heaven. From time to time, hisbah publicly destroys litres of seized alcohol to preserve the sanity of our jobless youths. Nigerian converts to foreign religion are so pious that they now set the standards of worship for those whose grandparents converted them. They sometimes commit arson to protect the pristine sanctity of their religion. They constantly tell Egbetokun and any other pretender leading any federal security agency that divine law is over and above national law or interest. Nobody dares challenge them on that. The only barrier against the global declaration of Nigeria as the holiest land is in the lack of a consensus on the status of federally shared revenue. The states of sin that generate from every form of haram usually dump them into the same treasury account. Every month end, saintly governors are forced to gather in Abuja, the headquarters of sleaze, to share this money. They return home with the polluted money and even use some of the proceeds to sponsor mass weddings and holy pilgrimages. This may be another reason why God is punishing us by driving employers of labour out of our shores. Those in support should agree that the ayes have it.   Source link Read the full article

[mouthpiecengr]

BREAKING: Former President Buhari Minister Indicted In Fresh N19bn Fraud

Former President Buhari Minister, Hadi Sirika, his brother, Ahmad Sirika; and his company have been indicted in fresh N19bn fraud by the EFCC. reports that the Economic and Financial Crimes Commission (EFCC) has charged former Minister of Aviation, Hadi Sirika, his brother, Ahmad Sirika; and his company – Enginos Nigeria Limited, with over N19.4bn fraud. This Nigeria news platform gathered that…