The Economic and Financial Crimes Commission (EFCC) has clarified that the N1.23 trillion recovered as proceeds of crime between October 2023 and July 2026 is not sitting as cash in the Federal Government’s account. The commission’s Director of Publicity, Wilson Uwujaren, made the clarification on Tuesday during an interview on Arise Television’s Prime Time, while
The Economic and Financial Crimes Commission ,EFCC, has issued a fresh invitation to former Bayelsa State Governor, Timipre Sylva, over an alleged $14.86 million financial fraud case. The former governor was reportedly asked to appear before the anti-graft agency after failing to honour an earlier invitation. The EFCC is investigating allegations relating to the handling
The Economic and Financial Crimes Commission (EFCC) has dismissed more than 40 of its personnel over alleged corruption and financial misconduct in the past two and a half years, Chairman Ola Olukoyede has disclosed. Olukoyede made the disclosure on Monday in Abuja while speaking with media executives and journalists, explaining that the disciplinary measures formed
EFCC Fires Over 40 Officers for Corruption, Financial Crimes — Olukoyede The Chairman of the Economic and Financial Crimes Commission, Ola Olukoyede, has disclosed that the anti-graft agency has dismissed more than 40 of its personnel for corruption and financial malpractice since he assumed office. Olukoyede made the disclosure on Monday during a briefing on
NELFUND: Tinubu Directs EFCC to Release Recovered Loot to Fund Education The Federal Executive Council (FEC) has approved the release of funds recovered by the Economic and Financial Crimes Commission (EFCC) for investment in Nigeria’s education sector. The Minister of Education, Dr Tunji Alausa, disclosed this on Wednesday while briefing journalists after the FEC meeting
The Economic and Financial Crimes Commission (EFCC) has recovered 2.3 million litres of Automotive Gas Oil (AGO), commonly known as diesel, valued at about N4.485 billion, allegedly diverted from Prudent Energy and Services Limited by Mamemo Ibru of Ibafon Oil and Gas in Lagos. The recovery followed a petition submitted to the anti-graft agency by
EFCC Probes $73,000, £15,957, 827,800 Saudi Riyals Intercepted by Customs at Kano Airport The Economic and Financial Crimes Commission (EFCC), Kano Zonal Directorate, has commenced investigation into the interception of undeclared foreign currencies totalling $73,000, £15,957 and 827,800 Saudi Riyals at the Mallam Aminu Kano International Airport (MAKIA). The currencies were intercepted by operatives of
Why Tinubu Called Adeleke After Directing EFCC to Unfreez Osun Account — Onanuga President Bola Tinubu on Thursday spoke with Osun State Governor Ademola Adeleke after directing the Economic and Financial Crimes Commission (EFCC) to take steps to lift the court order freezing the state government’s accounts. The President’s Special Adviser on Information and Strategy,
BREAKING: Unfreez Osun Gov’t Account Immediately – Tinubu Orders EFCC President Bola Ahmed Tinubu has directed the Economic and Financial Crimes Commission (EFCC) to immediately approach the court to vacate the order freezing the Osun State Government’s accounts. The President gave the directive on Thursday, August 6, 2026, following concerns over the timing of the
Why Osun Gov’t Account was Frozen – EFCC Responds The Economic and Financial Crimes Commission (EFCC) has explained its decision to freeze the bank accounts of the Osun State Government, saying the action was taken to prevent the alleged diversion of public funds amid an ongoing investigation into suspected financial misconduct involving about ₦11 billion.