EFCC Arrests 18 Suspected Internet Fraudsters In Lagos

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Office, has arrested 18 (Eighteen) suspected internet fraudsters in Lagos. The suspects are : Abass Mukhtar, Enitan Adekunle, Olakunle Araoyinbo, Korede Adetule, Christmas Gabriel, Christmas Yole, Christmas Emmanuel and Harrison Obayogbono.

Others are: Victor Kenneth, Adewale Musibau, Oluwajuwon Shofuyi, Idris Abdulazeez, Oyeku Adeoye, Omilana Adeleke, Okeke Chucks, Peters Olamide, Abayomi Jones and Usman Olalekan.

Arrested Suspected Internet Fraudsters In Lagos


The suspects were arrested during a sting operation in the early hours of Friday, September 27, 2019 at three different locations in the Alagbado area of Lagos State, following intelligence reports received by the Commission from concerned members of the public about their alleged involvement in the criminal activities.

During the raid, about five of the suspects attempted to escape arrest by taking refuge inside the ceiling of their apartments. They were, however, immediately apprehended by operatives of the EFCC.

Items recovered from the suspects at the point of arrest include charms, phones, laptops and five cars-Hyundai Sonata, Toyota Camry 2004 model, Toyota Camry 2007 model, Toyota Camry 1999 model and Honda Pilot.

The suspects will soon be charged to court.

“N900m Did Not Disappear in Our Custody”- EFCC speak on CBN Mutilated Notes

The attention of the Economic and Financial Crimes Commission, EFCC has been drawn to reports by a section of the online media alleging that N900 million (Nine Hundred Million Naira) mutilated Naira notes, recovered from bank officials currently being prosecuted before the Federal High Court, Ibadan had been tampered with by operatives of the Commission.

The reports which supposedly emanated from the October 4 proceedings of the Federal High Court, Ibadan claimed that the trial Judge, Justice P.I Ajoku made the discovery that operatives of the Commission tampered with the boxes containing the money.

It is important to state that this narrative is false and calculated to mislead the public.

At no time during the proceedings did Justice Ajoku accuse the Commission of tampering with any box. The only order made by the court was for the EFCC to produce the 106 boxes containing the mutilated currencies as evidence.

How the order to produce the boxes turned into an indictment for tampering with N900million only exist in the warped imagination of the purveyors of the false report.

Significantly, the mastermind of the false story betrayed their motives with a strange commentary, calling on the international community to be present at the adjourned sitting of the Federal High Court , Ibadan on 2nd and 3rd of December, 2019 “to witness the gross corruption by those employed by the government to curb corruption.”

The EFCC is not fazed by such rant. Neither is it losing sleep over the order by Justice Ajoku. For the benefit of the public, the boxes in question have never been in the custody of the Commission, let alone officers of the EFCC having the opportunity to pilfer its content.

Following a petition in November 2014, alleging the stealing of mutilated notes meant for destruction by employees of the Central Bank of Nigeria and other deposit money banks, operatives of the Commission, in the course of investigation, visited the Ibadan Branch of the CBN and discovered that the boxes had been tampered. The boxes were never removed from the CBN.

Indeed if the thrust of the case against the bankers is the pilfering of the content of the boxes then it beggars logic to expect EFCC officers to pilfer what had been pilfered in the vaults of the CBN.

Members of the public are enjoined to completely disregard the story as false, mischievous and a deliberate ploy to impugn the integrity of the EFCC.

The Commission has done substantial work prosecuting persons indicted in the briquetting scam to be distracted by false narratives. Upon conclusion of the investigation into the scam, the commission had filed three separate charges against the suspects.

The arraignment of the defendants in the three different cases initially took place before Justice Ayo Emmanuel of the Federal High Court, Ibadan in 2018. A substantial number of the defendants realizing the magnitude of the  available evidence against them, wrote to the EFCC and entered into a plea bargain, forfeiting the proceeds of the scam, including shopping plazas.

Justice Ajoku only commenced trial de novo in relation to a few of the remaining defendants following the transfer of the earlier judge from Ibadan.

N9.9bn Fraud | Court Freezes Lagos Accounts linked to Ambode

Justice Chuka Obiozor of the Federal High Court sitting in Ikoyi, Lagos, on Tuesday, August 6, 2019, ordered the freezing of the sum of ₦9.9bn belonging to the Lagos State government.

The funds are domiciled in First City Monument Bank, FCMB, account number 5617984012; Access Bank account number 0060949275 and Zenith Bank account number 1011691254, respectively.


Justice Chuka Obiozor gave the order, following an ex-parte application filed by the Economic and Financial Crimes Commission, EFCC.
The EFCC had prayed the court to freeze the account pending the conclusion of investigation and possible prosecution of Adewale Adesanya, the Permanent Secretary in the Office of the Chief of Staff to former Governor Akinwunmi Ambode.


The applicant, EFCC, in an affidavit deposed to by Kungmi Daniel, an operative of the Commission, stated that there was “a huge inflow of ₦9,927,714,443.29” from the state accounts into an FCMB bank account opened on September 17, 2018 during the administration of the immediate past governor of the state, Akinwunmi Ambode, and operated by Adesanya.

It was further stated that the schedule of the FCMB account showed how Adesanya and other signatories to the account made fraudulent transfer from the accounts of the Lagos State Government and dissipated the funds housed in the said accounts.

In his submission, counsel to the EFCC, Mohammed Abbas, said “The trend in the account is that the account always witnessed huge inflow from Lagos State Government in the above scheduled accounts managed by the respondent (Adesanya)”.

Abbas, therefore, prayed the court to grant an order to temporarily attach and take over the accounts to enable it conclude its investigations.

“There have been concerted efforts and attempts to dissipate the contents of the accounts listed in the schedule to this application.

“Without freezing the nominated accounts and temporarily forfeiting the money to the Government of the Federal Republic of Nigeria, there is no way the fraud being perpetrated using the scheduled accounts can be stopped,” he further told the court.

Consequently, Justice Obiozor granted the prayers of the counsel to the Commission.

The Judge adjourned further proceedings to August 9, 2019.

Ex-Vanguard NewsPaper Chief Accountant Jail for 7 years Over N40m Fraud

A Lagos High Court in Ikeja presided over by Justice Oluwatoyin Ipaye has sentenced a former Chief Accountant of Vanguard Newspaper, Bhadmus Abiodun, to 7 years imprisonment. He was prosecuted by the Economic and Financial Crimes Commission, EFCC on an eight-count charge of conspiracy, forgery and stealing to the tune of N40.66million belonging to his employer, Vanguard Newspapers Limited.

The court also sentenced former circulation representative of Vanguard newspaper for Benin, Joseph Ejike Ezeobi, to three years imprisonment over his involvement in the stealing and forgery. They were jailed without an option of fine.

Prosecution counsel, Abba Mohammed, informed the court that Abiodun committed the offencc in collaboration with the Vanguard Media Representative for Benin, Joseph Ezeobi.

Mohammed added that Abiodun committed the offense alongside Ezeobi between January 20, 2006 and January 7, 2009.

The prosecuting counsel further informed the court that the convict and his accomplice had on various dates, illegally converted N4.52million, N18million, N18.14million belonging to Vanguard.

Mohammed said, “Abiodun and Ezeobi had on January 7, 2009 in Lagos, with intend to defraud the Complainant (Vanguard Media Limited), fraudulently converted N800,000 property of Vanguard Media Limited.

“Abiodun and Ezeobi had on November 21, 2007 in Lagos, with intend to defraud Vanguard Media Limited, conspired to forge a Wema Bank Plc deposit slip No. 0278679 purporting to be in the value of N740,000.00 dated November 21, 2007.

According to Mohammed, the offences are contrary to Sections 390 (7), 467 (2)(i) and 516 of the Criminal Code Law of Lagos State 2003.

In his verdict over the case, Justice Ipaye held that the money Biodun and Ezeobi kept for themselves belongs to Vanguard newspaper.

The judge convicted and sentenced the accountant to seven years in prison on count one to eight. The prison terms for counts two to eight are to run concurrently.