Akingbola refuses to open defence, faults EFCC’s case

May 29, 2012 by Ade Adesomoju 1 Comment Former Managing Director of Intercontinental Bank Plc (now Access Bank Plc), Mr. Erastus Akingbola, on Monday refused to open his defence at a Lagos High Court in Ikeja contrary to the court’s schedule. Instead, he filed an application of no-case-submission, arguing that the Economic and Financial Crimes […]

We Were Shocked By Those Behind Pension Fraud – EFCC

The Economic and Financial Crimes Commission (EFCC), on Friday, voiced its shock over the identity of those involved in the pension fraud and the brazen manner it was perpetrated. The Commission’s Chairman, Ibrahim Lamorde while speaking at a workshop organised in Abuja by the Certified Pension Institute of Nigeria (CPIN), stated that “it (the fraud) […]

Alao-Akala: Judge rejects EFCC’s private prosecutor

Date: Fri, 05/25/2012 – 14:53 Justice Akintunde Boade of the Oyo State High Court yesterday in Ibadan said  it was unconstitutional for the EFCC lead counsel, Chief Godwin Oblah, to engage  a private prosecutor  to represent him in court proceedings. The judge was giving a ruling in the alleged N11.5 billion scam suit instituted by […]

EFCC overhauls legal team for subsidy thieves’ trial

May 24, 2012 by Fidelis Soriwei, Abuja 49 Comments Chairman, Economic and Financial Crimes Commission, Mr. Ibrahim Lamorde | credits: File copy There were indications on Wednesday that the Economic and Financial Crimes Commission might have begun the overhaul of its legal department as a way of presenting a strong legal team to prosecute perpetrators […]

Alleged N47.1bn theft: Akingbola absent from court to open defence •As EFCC stalls trial of ex-Afribank’s boss

THE ongoing trial of the former Managing Director of Intercontinental Bank Plc (now Access Bank), Dr Erastus Akingbola, was stalled on Monday, as he did not appear in court to open his defence in the case instituted against him by the Economic and Financial Crimes Commission (EFCC). At the resumed hearing of the matter before […]

EFCC, ICPC to probe Abuja land scam

The Economic and Financial Crimes Commission and the Independent Corrupt Practices and other related Offences Commission say they will probe the Abuja land scam. In separate statements on Tuesday, the  Chairman of the EFCC, Mr. Ibrahim Lamorde, and his ICPC counterpart, Mr. Ekpo Nta, said the probe had become necessary following the dubious sale of […]

EFCC storms FAAN office over Maevis deal

Operatives of the Economic and Financial Crimes Commission on Monday stormed the headquarters of the Federal Airports Authority of Nigeria in Lagos. The operatives, who came to the premises about 10:25am in a Toyota Hiace bus with an Abuja number plate BK 562 RBC, went straight to the office of the Managing Director of the […]

Alleged N36m fraud: Court cautions EFCC for delay in Deji Abiola’s trial

By ABDULWAHAB ABDULAH & ONOZURE DANIA IKEJA — An Ikeja High Court, Lagos, yesterday, said it would not hesitate to strike out the N35.5 million theft charge against Deji  Abiola, son of the late politician, Chief M.K.O. Abiola, by Economic and Financial Crimes Commission, EFCC, for its failure to produce its witness in court. Trial […]

Pension scam: Court okays seizure of 108 properties

May 4, 2012 by Agency Reporter Leave a Comment EFCC Boss, IBRAHIM LAMORDE | credits: File A High Court in Abuja on Thursday granted leave to the Economic Financial Crimes Commission to seize 108 properties belonging to the six accused persons involved in the alleged diversion of N32.8bn Police Pension Fund. A Permanent Secretary, Atiku […]

EFCC can’t fight corruption with 3,000 workers – Lamorde

May 4, 2012 by John Alechenu, Abuja Leave a Comment Chairman, Economic and Financial Crimes Commission, Mr. Ibrahim Lamorde | credits: File copy Chairman of the Economic and Financial Crimes Commission, Ibrahim Lamorde, has said it is near impossible for the agency to fight corruption with a staff strength of less than 3,000 in a […]

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