We’ll publish names of politicians sponsored into office by ‘Yahoo Boys’ —EFCC

The Economic and Financial Crimes Commission has raised the alarm over its findings that some internet fraudsters had funded some politicians into elective positions. The agency also vowed to release names of such politicians and their internet scammer sponsors. The Zonal Head of EFCC, Port Harcourt Zone, Mr. Abdulrasheed Bawa, disclosed this on Tuesday in Port…

EFCC arrests two suspects on FBI list, recovers $35,000

The Economic and Financial Crimes Commission has arrested two of the 77 Nigerians declared wanted by the Federal Bureau of Intelligence for cybercrimes. The Head, EFCC Abuja Zonal Office, Aminu Aliyu, said Chika Augustine and Godspower Nwachukwu were arrested in Abuja, adding that $35,000 was recovered from the former. Addressing journalists in Abuja on Tuesday,…

I Used My Money Run Abia For Six Months – Orji Kalu

Dr. Orji Uzor Kalu, former governor of Abia State, told a Federal High Court in Lagos on Tuesday that he ran the state for six months with money from his own pocket. He said the monthly allocation of Abia State when he took over in June 1999 was N168 million, and that it was hovering…

EFCC, FBI arrest Internet fraudsters in Abuja

The  Economic and Financial Crimes Commission  says it has begun a joint operation with  the United State Federal Bureau of Investigation to clamp  down on internet fraudsters. A total of 16 cyber crime suspects (Yahoo Boys) have been arrested in Abuja since the joint operation codenamed Operation Wire Wire was launched. Acting Chairman of the…

EFCC releases Atiku’s son-in-law

Babalele was remanded in the EFCC custody by a Federal High Court sitting in Lagos, after he was granted bail, following his arraignment on allegation of money laundering. The Nation reports that Babadele was released on Friday, August 16, after he was detained by a Federal High Court over money laundering allegation. Before he was…

We didn’t raid Ambode’s Residence – EFCC

The EFCC, in a statement said since early hours of today, it had been inundated with calls that operatives of the Commission raided the residence of the former governor of Lagos State, Akinwunmi Ambode. “We need to state for the records that the EFCC did not raid Ambode’s house. It is instructive that his administration,…

Yemi Osinbajo’s firm linked to company identified in alleged N100bn scam

The Vice President of the Federal Republic of Nigeria has a stake with Simmon Coopers Partners has been linked to another firm known as Ocean Trust Limited which has allegedly been reported of N100bn scam involving Alpha Beta Consulting Limited and Alpha Beta LP. Simmons Coopers was listed as a company in which Prof Yemi…