Posts Tagged ‘Money Laundering’
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Atiku’s lawyer re-arraigned for money laundering

by Seun Adeuyion March 6, 2020
The Economic and Financial Crimes Commission on Friday re-arraigned Uyiekpen Giwa-Osagie, lawyer to former Vice-President Atiku Abubakar, for allegedly laundering $2m during the 2019 general elections. Atiku contested in the elections against Nigerian Ruler, Muhammadu Buhari, but he lost. In the three counts filed before the Federal High Court in Lagos, the EFCC accused Atiku’s […]

Money laundering: “I’ll appeal this bad judgement against my client” — Metuh’s lawyer

by Seun Adeuyion February 25, 2020
Abel Ozioko, counsel to Olisa Metuh, says he is ready to appeal the judgment of the federal high court in Abuja which sentenced his client to seven years in prison. Okon Abang, the trial judge, had convicted Metuh, a former spokesman of the Peoples Democratic Party (PDP), on seven counts of money laundering. On counts […]

Money Laundering involving Bauchi gov son: What happened in court on Wednesday

by Seun Adeuyion January 30, 2020
The fifth prosecution witness of the Economic and Financial Crimes Commission (EFCC), Idoko Akor Idoko, on Wednesday told the court how Shamsudeen Bala Mohammed, the son of the governor of Bauchi State, Senator Bala Mohammed, made several cash deposits and withdrawals from his four accounts in Standard Chartered Bank. Idoko who is a branch sales and […]

BREAKING| Air Peace CEO indicted in $20m US bank fraud, money laundering

by Ikokwu Ikembaon November 23, 2019
Allen Ifechukwu Athan Onyema, the Chairman, CEO, and founder of Air Peace, a Nigerian airline, has been charged with bank fraud and money laundering for moving more than $20 million from Nigeria through United States bank accounts in a scheme involving false documents based on the purchase of airplanes. The international airline’s Chief of Administration […]

EFCC Arraigns 606 Autos Boss, Babafemi Sarumi over N207.1m Money Laundering

by Ikokwu Ikembaon November 3, 2019
…Remanded in Prison Custody Justice Chukwujekwu Aneke of Federal High court Lagos, today November 1, 2019 remanded the Managing Director of 606 Autos Limited, Sarumi Samusideen Babafemi in Ikoyi Prison.

PDP to Buhari, Dont sweep Nasir Danu’s Money Laundering Allegations, Deportation away

by Ikokwu Ikembaon October 6, 2019
The Peoples Democratic Party (PDP) Saturday challenged the Presidency to speak out on the reported arrest of President Muhammadu Buhari’s known confidant, Nasir Danu, at the Heathrow Airport, United Kingdom, for alleged passport scam and money laundering. The PDP insisted that the silence by the Presidency on the matter since the report of Danu’s arrest […]