Home » Tag Archives: Money Laundering (page 2)

Tag Archives: Money Laundering

Ex-NIMASA Boss, Akpobolokemi Converted N4.5bn to US Dollars -Witness

akpobolokemi

A star witness of the Economic and Financial Crimes Commission (EFCC), Adamu Usman Yusuf, Monday told a Federal High Court in Lagos southwest Nigeria how about N4.9 billion was converted into United States dollars by a former Director-General of the Nigerian Maritime Administration and Safety Agency (NIMASA), Dr. Patrick Akpobolokemi and other accused charged with money laundering. Akpobolokemi is standing ...

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SERAP Wants AGF Sent To Prison Over Recovered Loot

Mr Abubakar Malami (SAN), Attorney-General and Minister of Justice.

Socio-Economic Rights and Accountability Project (SERAP) has commenced committal to prison hearings against the Federal Government. SERAP wants Mr. Abubakar Malami (SAN), Attorney-General of the Federation and Minister of Justice, and Alhaji Ahmed Idris Accountant-General of the Federation sent to prison “for having neglected to obey the order of the court made on Friday the 26th of February, 2016, requiring ...

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Money Laundering: Ex- Lagos Speaker, Aide File Notice of Appeal at Supreme Court

Former, Speaker, Lagos State House of Assembly, Adeyemi Ikuforiji

In a bid to overturn the judgement of court appeal in Lagos ordering his re-trial for money laundering offences former Speaker of Lagos State House of Assembly, Mr. Ikuforiji Sabit Adeyemi, and his Personal Assistant, Olabode Alade Atoyebi, have filed a notice of Appeal before Supreme Court of Nigeria, challenging the verdict of the Appellate Court. In the notice of ...

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Appeal Court Orders Continued Trial of Ikuforiji, Aide

Former, Speaker, Lagos State House of Assembly, Adeyemi Ikuforiji

The Court of Appeal, Lagos has set aside the ruling of a Federal High Court that cleared former Speaker of the Lagos State House of Assembly, Adeyemi Ikuforiji and his aide, Oyebode Atoyebi, of money laundering charges. The appellate court in a unanimous judgment set aside the verdict of the trial judge, Justice Ibrahim Buba, holding that the Economic and ...

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Diamond Bank Staff Reveals How He Helped Justice Ofili Ajumogobia Move Cash

diamond-bank

An official of Diamond Bank Plc, Ademola Oshodi, told a Lagos State High Court in Ikeja on Monday that he managed the bank account of Justice Rita Ofili-Ajumogobia numbered 0032091183 domiciled in the bank. Oshodi told the court that he regularly visited Ofiili-Ajumogobia’s chamber on the premises of the Federal High Court on Oyinkan Abayomi Drive, Ikoyi, Lagos, to collect ...

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Money Laundering: Trial of S/Court Judge to Begin Today

Justice Sylvester Nwali Ngwuta

The trial of suspended Supreme Court judge, Justice Sylvester Nwali Ngwuta over alleged money laundering and possession of fake multiple passports is likely to begin today at the Federal High Court, Abuja. Already, a building contractor has agreed to testify on how between 2014 and 2016, he handled several projects for which he received cash payments totalling $1million from Justice ...

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Incredible!!! Husband and Wife Arrested by EFCC Over N120 Million Fraud (PHOTO)

efc

The Economic and Financial Crimes Commission (EFCC) today, November 16, 2016 arraigned the duo of Austine Chidiebere Ezeama and Juliet Ezeama (Husband and wife) before Justice O. H. Oshodi of the Lagos State High Court Ikeja, on a seven count charge of conspiracy and obtaining money by false pretence. According to a statement released Wednesday by the agency, one of ...

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Huge Sums of Money Paid into Fayose’s Accounts Before Ekiti Election – Witness

Fayose

Alade-Oluseye Sunday, a prosecution witness in the ongoing trial of Abiodun Agbele, an ally of Gov. Ayodele Fayose of Ekiti, on Thursday, confirmed that cash deposits were made into the governor’s account before his election. Sunday made the confirmation while being cross-examined by Defence Counsel, Mike Ozekhome (SAN), before Justice Nnamdi Dimgba of Federal High Court, Abuja. The witness told ...

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Money laundering: Senior Lawyer Bags 4 years Jail Term

YAKUBU MOHAMMED NA ALLAH

The Federal High Court Kano presided over by Justice Fatu Riman, Wednesday, convicted and sentenced a senior lawyer, Yakubu Mohammed Na-Allah, to four years imprisonment without option of fine for offences of money laundering to the tune of N50 million. The convict was arraigned by the EFCC on 14 January, 2013 on a two-count charge of money laundering. Upon arraignment, ...

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Chartered Bank Fraud : Nigeria/Japan Business Mogul, Ese Imasuen Begs FG, EFCC To Investigate Mr Jude Ikejiora, Philomina, Others

chartered-bank

The CEO of Imasuen Investment Japan Group, Mr Ese Osabuohien Imasuen has said the Standard Chartered bank Nigeria was working against the economic policy of the Federal Government by halting moves by individuals and foreign partners to invest in different areas of the economy by witholding billions of dollars belong to mr vimsuen Ese for personal trading for months now ...

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