Corruption Scandals

CBN Uncovers $2.4 Billion Forex Scandal

Tuesday, March 26, 2024
The Governor of the Central Bank of Nigeria (CBN), Olayemi Cardoso has said that the Law enforcement agencies are currently conducting an investigation into $2.4 billion worth of unauthorized foreign exchange (forex) transactions. This disclosure was made known during the media update that ensued ...

Alleged N2bn FIRS Fraud: How FIRS Official Diverted Funds To Her Private School—

Tuesday, March 19, 2024
A Prosecution Witness, PW6, in the ongoing trial of the Head of Stakeholders Unit of the Federal Inland Revenue Services, FIRS, Emmanuella Eteta Ita, on Monday, March 18, 2024, told Justice Giwa Ogunbanjo of the Federal High Court in Abuja, how Ita siphoned and diverted large sums of money meant for ...

EFCC Files N84bn Money Laundering Charges Against Yahaya Bello, Others

Friday, March 15, 2024
The Economic and Financial Crimes Commission, EFCC, on Thursday, March 14, 2024 dragged former Kogi State governor, Yahaya Bello before Justice James Omotosho of the Federal High Court, Maitama, Abuja for alleged N84billion money laundering offences, alongside his nephew Ali Bello, Dauda Sulaiman an ...

EFCC Arraigns Former Kwara Governor Accused Of Spending N1.6Billion On Chartered

Friday, February 23, 2024
The Economic and Financial Crimes Commission (EFCC) has arraigned the immediate past Kwara State Governor, Abdulfattah Ahmed. Ahmed was arraigned on Friday at the Federal High Court in Ilorin, the state capital. The anti-graft agency had accused the former governor of spending the sum of N1,61 ...

Ogun Assembly Summons Ex-Commissioner Over Alleged Financial Scandal

Tuesday, February 20, 2024
The Committee on Public Accounts and Anti-Corruption of Ogun State House of Assembly has invited a former commissioner for Information and Strategy, Waheed Odusile; a former Permanent Secretary, Abiodun Awere, and the Director of Finance and Accounts who served in the ministry between 2021 and 2022 ...

The INSIGHT: Stop The Hunger!

Sunday, February 18, 2024
Last week, a father of four children was lamenting to me how things has gone so miserable for him as a result of the current economic situation. He told me how he barely performs his duties as a responsible father and husband to his household. He claimed that things were really tight as his work was ...

ICPC Arraigns Official At Office Of Accountant General Over Alleged N72 million

Friday, February 16, 2024
The Independent Corrupt Practices and Other Related Offences Commission (ICPC) has arraigned in court, a top civil servant, Mr. Bola Audu over an alleged N72 million fraud. The defendant, a public officer at the Office of Accountant General of the Federation was arraigned before Justice Yusuf Hal ...

FG Declares CBN Staff, Others Wanted For Forging Buhari’s Signature To Steal $6.

Wednesday, February 14, 2024
The Federal Government has declared a staff of the Central Bank of Nigeria, Odoh Ocheme, and two other persons wanted for allegedly forging the signature of former President Muhammadu Buhari to move out $6.2m cash from the apex bank. In a letter addressed to the Assistant Inspector General of Pol ...

EFCC Opens Case Against Emefiele Over Alleged Procurement Fraud

Monday, February 12, 2024
The Economic and Financial Crimes Commission (EFCC), has opened its case in the trial of the suspended Central Bank Governor (CBN), Godwin Emefiele, on procurement fraud charge in an FCT High Court in Abuja. Recall that the anti-graft agency charged Emefiele with amended 20 counts of criminal con ...

EFCC Declares Emefiele’s Wife, Three Others Wanted

Saturday, February 10, 2024
The Economic and Financial Crimes Commission (EFCC) has declared Margaret Emefiele, wife of ex-Governor of the Central Bank of Nigeria, Godwin Emefiele, and three others, wanted for money laundering. Mrs Emefiele was declared wanted alongside one Mr Eric Odoh, Anita Omoile and her husband, Jonath ...
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