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Pension ‘fraud’: Reps summon Magu, Maina, Okonjo-Iweala, others

March 7, 2018 Admin III 0

By Joshua Egbodo Abuja A House of Representatives panel has summoned former Chairman of the Presidential Task Force on Pension Reforms, Abdulrasheed Maina, and former Minister of Finance, Ngozi Okonjo- Iweala, over alleged fraud. The panel also summoned the Head of Civil Service of the Federation, Winifred Oyo-Ita, the Central Bank Governor (CBN), Godwin Emefiele, Chairman, Economic and Financial Crimes Read More

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EFCC re-arraigns Alao Akala, two others over ‘N11.5bn fraud’

March 6, 2018 Admin III 0

The Economic and Financial Crimes Commission (EFCC) yesterday re-arraigned a former governor of Oyo state, Adebayo AlaoAkala, and two others in an Oyo state High Court sitting in Ibadan over alleged N11.5 billion fraud. The News Agency of Nigeria reports that the other defendants are a former Oyo state Commissioner for Local Government and Chieftaincy Matters, Senator Hosea Agboola; and Read More

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N388m fraud: S/Court orders retrial of ex-Lagos Speaker

January 13, 2018 Admin III 0

  The Supreme Court, yesterday, ordered the retrial a former Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji, on a N338million money laundering charges brought against him by the Economic and Financial Crime Commission EFCC. Justice Ibrahim Buba of the Federal High Court sitting in Lagos, had in his ruling in September 2014, exonerated Ikuforiji of the charges. Read More

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Have Prisons, Immigration accounted for alleged N12.6bn fraud?

January 3, 2018 Admin III 0

News recently broke that the Nigeria Immigration Service (NIS) and the Nigeria Prisons Service (NPS) could not account for N12.662 billion they spent in 2015, according to the report of the Auditor General of the Federation. BODE OLAGOKE reports Allegations The audit report obtained showed that Immigration has the largest share of N9.076 billion, and prisons has N3.586 billion. The Read More

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EFCC files fraud charges against Innoson

December 25, 2017 Admin III 0

By Chizoba Ogbeche Abuja The Economic and Financial crimes Commission (EFCC) has fi led fraud charges against Innoson Motors and its embattled chairman, Innocent Chukwuma. Th e third defendant in the suit is Chukwuma’s brother, Charles. The four-count charge is dated November 30, and fi led at the High Court of Lagos State, Ikeja Division. Chukwuma was arrested last week Read More

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Value of successful fraud cases drops to N406m in Q3

December 18, 2017 Admin III 0

Stories By Amaka Ifeakandu Lagos The Central Bank of Nigeria (CBN), has said that the value of successful fraud cases in the financial system reduces by 37.8 per cent between third quarter 2015 and third quarter 2017. Deputy Governor, Central Bank of Nigeria, (CBN), Adebayo Adekola Adelabu, who disclosed this at the Nigeria Electronic Fraud Forum said in spite of Read More

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TSA: Buhari must account for ‘hidden’ N50Bn- ADP 

December 15, 2017 Admin III 0

The Action Democratic Party (ADP) has demanded for proper accountability from President Muhammadu Buhari, on the alleged sum of N50b said to have been discovered in secret accounts contrary to the idea behind the Treasury Singke Account (TSA). A statement signed on Friday in Lagos by the ADP National Publicity Secretary, Prince Adelaja Adeoye, said it took the intervention of Read More

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2017 Hajj: NAHCON refunds N4.01bn to pilgrims from 11 states

December 12, 2017 Admin III 0

By Ayoni M. Agbabiaka Abuja In sustaining the new, strict policy footing of National Hajj Commission of Nigeria (NAHCON) the management has announced the refund of N401, 291,658.41, to pilgrims from 11 states of the federation. The refunds flow from what the commission’s management stated was “for services not rendered to them (pilgrims) during the 2017 Hajj.” In a statement Read More

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Releases bankers without trial on N20m fraud case

December 10, 2017 Admin III 0

.. Two female bankers accused of alleged conspiracy to defraud a property counselor of N20million, have been released without trial by an Igbosere Magistrate’s court Lagos presided over by Magistrate Miss Olanike Olagbende. The two female staff of a mortgage bank, Chinyere Chiemezie, 45, and Kemi Oyedeji, 36, were alleged to have conspired with Mike Adeleye and Omirefa Taiwo to Read More

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Fraud: Maimuna’s absence stalls arraignment

December 6, 2017 Admin III 0

By Vivian Okejeme Abuja The arraignment of Maimuna Aliyu, over charge of abuse of public funds and criminal breach of trust before a Federal Capital Territory High Court, Jabi, was yesterday stalled due to the absence of the defendan in court. The Independent Corrupt Practices and other Related Offences Commission (ICPC) is prosecuting the former Executive Director (Retail), Aso Savings Read More

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Head of Service officials panic over pension fraud revelations

December 5, 2017 Admin III 0

By Taiye Odewale Abuja Startling revelations recently made by the Attorney General of the Federation (AGF), Abubakar Malami, on how the office of the Head of Service of the Federation ( OHSF) was used as cesspool of Pension Fund fraud between 2010 and 2014 have been sending jitters down the spines of officials in the office. This is even as Read More

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Libya slave trade: Echoes from House of Representatives

December 5, 2017 Admin III 0

The widely condemned act of modern slavery in Libya, helped by human traffickers who promised heaven on earth benefits to unsuspecting persons, mostly Africans, to embark on illegal migration to Europe, recently assumed a dangerous dimension.JOSHUA EGBODO, reviews the concerns of members of the House of Representatives. House resolution On November 29, 2017, the House of Representatives passed a resolution, Read More

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Adamawa Customs impounds N119.7m goods

December 4, 2017 Admin III 0

By Muazu Abari Yola The Nigerian Customs Service, Adamawa command has seize smuggled goods, including rice, vehicles, textiles and soap worth over N119.7 million. Disclosing this in a press statement made available to Blueprint yesterday, Controller, Adamawa/Taraba command, Adetoye Francis, added that the command also generated N145.03 million revenue for 2017 and pledged to work harder to exceed the mark Read More

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Alleged N1.1b fraud: Court adopts written addresses on Dariye’s case

December 4, 2017 Admin III 0

Stories by Vivian Okejeme Justice Adebukola Banjoko of a Federal Capital Territory High Court, will on Thursday, adopt the written addresses of both parties in the former Platea state Governor, Senator Joshua Dariye as the lawmaker closes his defence. The Economic and Financial Crimes Commission is prosecuting the senator for allegedly diverting about N1.162 billion from the state’s Ecological Fund Read More

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Alleged fraud: Maimuna Aliyu’s trial continues today

December 4, 2017 Admin III 0

The trial of Maimuna Aliyu, the rejected nominee to the board of Independent Corrupt Practices and Other Related Offences Commission (ICPC), over charge of abuse of public funds and criminal breach of trust, slated to begin today. Maimuna is the mother of Maryam Sanda, currently standing trial for allegedly stabbing her husband, Bilyamin Bello to death in Abuja. Aliyu’s trial Read More

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Nyame’s alleged N1.64b fraud case continues today

December 4, 2017 Admin III 0

Stories by Vivian Okejeme The trial of former Governor of Taraba state, Jolly Nyame over alleged misappropriation of Taraba funds to the tune of N1.64 billion, continues today with adoption of final address of the parties as the defence closes its case. The Economic and Financial Crimes Commission (EFCC) is prosecuting Nyame for alleged misappropriation of that sum during his Read More

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Navy arrests recruitment fraudster

December 4, 2017 Admin III 0

The Nigerian Navy has arrested a 27 year old man, Yohanna Ahmadu, a recruitment fraudster for allegedly attempting to defraud one Mr. Adamu Ibrahim during the last nationwide recruitment exercise. In a statement by the acting Navy’s spokesperson , Navy Captain Suleman Dahun said the Commander Naval unit Abuja, Commodore Gbolahan Olubode–Fazaz in his brief stated that the suspect charged Read More

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Driver buys N400,000 call credit from bank client’s account

November 21, 2017 Admin III 0

By Tope Musowo Lagos Operatives of the Rapid Response Squad (RRS) of the Lagos State Police Command have arrested a truck driver, Ebenezer Oyeneye, 50, who specializes in buying recharge cards from other people’s bank account. The matter was said to have been reported at Aguda Divisional Headquarters in Surulere by a complainant, who wished to remain anonymous. According to Read More

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Kachikwu,Baru rift triggered by ego – Johnson

October 25, 2017 Admin III 0

Row between Kachikwu and Baru You know we are in political era now, and politics is a game. I know that in 1999, former President Olusegun Obasanjo was having that same office. But I think the difference in this one is that there was an announcement, that the president will be the minister of petroleum but to the best of Read More