EFCC Releases Amosu, Others on Bail, Seizes Passports

EFCC Releases Amosu, Others on Bail, Seizes Passports — 22nd March 2016 The Economic and Financial Crimes Commission has released the immediate past Chief of Air Staff, Air Marshal Adesola Amosu (retd.), and other senior officers arrested over the $2.1bn arms scam. It was learnt on Monday that a former Chief of Accounts and Budgeting […]

How I bought houses for Badeh, by witness

Ex-CoAS on trial for alleged N3.9b fraud • Court dismisses adjournment motion A prosecution witness, Air Commodore Salisu Abdullahi yesterday, told the Federal High Court, Abuja how he assisted former Chief of Air Staff (CoAS), Air Chief Marshal Alex Badeh in purchasing landed property in various locations across the country, including Ogun River Street, Maitama, […]

$2.1bN cash: Return home or be humiliated, EFCC warns fleeing corrupt ex-officials

By Soni Daniel, Northern Region Editor abuja-The Economic and Financial Crimes Commission, EFCC, went tough last night, with a final warning to top officials implicated in the stealing of huge sums of public funds to come out of their hiding and face its interrogating teams once and for all. The warning, Vanguard gathered, was borne […]

$2.1b arms deals: Panel summons more military officers

  -Natiion $2.1b arms deals: Panel summons more military officers The Special Investigative Panel on Arms Procurement by the Office of the National Security Adviser (ONSA) has invited more serving and retired military officers. The list of the affected officers has been sent to their units, The Nation learnt yesterday. It was learnt that some […]

Udenwa, Fani-Kayode, Falae named in alleged N3.1b fraud

Fani-Kayode (N840m), Goodluck Group (N320m), Falae’s firm (100m), Udenwa and Onwuliri (N350m), Nenadi Usman (N36.9m), Okey Ezenwa(N100m) The Economic and Financial Crimes Commission (EFCC) has uncovered how N3.145b was paid into the accounts of six chieftains of the Peoples Democratic Party(PDP) and Goodluck Support Group (GSG) by the Central Bank of Nigeria(CBN) in the build-up […]

Massive corruption: Audit: N3.2tr unpaid into national treasury in 2014

No cash backing  for N2.3b Armed Forces premium $316.2m can’t be traced FACTS AND FIGURES •$235.6m gas cash diverted to escrow accounts •N73.5b spent contrary to established purpose •N36.4b released to ONSA for dam rehabilitation •N10billion SURE-P funds undisclosed •National Assembly’s management disbursed N9,514,568,222.62, without payment vouchers •N12.6b rice levy spent on urgent and critical […]

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