Lebanese Man Caught With Huge Sum Of Money At Kano Airport Gets Convicted.

– Posted in: Nigeria Crime News

The Economic and Financial Crimes Commission today October 19th, 2018 secured the conviction one Haytham Aldahrah, a Lebanese who was arrested at the Malam Aminu Kano International Airport while on board Egypt Air to Cairo for refusing to declare the sum of $105,000 and €65,000 respectively to the Nigeria Customs Service. Upon his arrest, Aldahrah [...]

James Ibori Loses Appeal Against UK Graft Conviction

– Posted in: politrick

James ibori, a Nigerian politician who was jailed in Britain for laundering tens of millions of dollars in stolen public funds through British banks and properties lost an appeal against his conviction in London on Wednesday. The Court of Appeal’s ruling against James Ibori, a former governor of oil-producing Delta State in southern Nigeria, is [...]

EFCC Seizes Gold Worth N1.1 billion at Abuja Airport

– Posted in: Nigeria Crime News

The Economic and Financial Crimes Commission (EFCC) has seized gold worth about $3, 131, 412.39 (₦1, 127, 308, 460.39) being allegedly exported to Dubai, United Arab Emirates, illegally. It named one Abba Ali Yahaya as the brain behind the deal. Apart from impounding his passport, about €112,000 undeclared by Abba, has also been forfeited over [...]

Executive Order 6 | Buhari Bans 50 Nigerian Elite From Foreign Trips

– Posted in: politrick

Nigeria’s President, Muhammadu Buhari has ordered that 50 high profile persons on watch-list be stopped from leaving the country pending the determination of their cases, in an Executive Order 6 (EO6) issued by the presidency. Malam Garba Shehu, the Senior Special Assistant to the President on Media and Publicity, confirmed this development in a statement [...]

EFCC Arraigns Lawyer For N30m Fraud

– Posted in: Nigeria Crime News

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office, on Thursday, October 11, 2018 arraigned a lawyer, Victor Nwadigo, before Justice Olusola Williams of the Special Offences Court sitting in Ikeja, Lagos on a one-count charge bordering on stealing to the tune of ₦30,000,000.00( Thirty-Million Naira). The defendant, who is an ex-solicitor to Asset [...]

Budget 2018 | President Buhari Seeks NASS Approval For $2.78bn Euro Bonds

– Posted in: politrick

President Muhammadu Buhari has requested a National Assembly resolution to raise 2.78 billion dollars from the International Capital Market for part-funding of the 2018 budget. Buhari’s request came in a letter dated July 23, and read by President of the Senate, Bukola Saraki, at plenary on Tuesday. The president said the amount, approved in the [...]