ZYNGA NEWS

  Operatives of the Economic and Financial Crimes Commission (EFCC), have barricaded the house of the immediate past governor of Kogi State, Yahaya Bello in Wuse, Abuja. Zynga News reports that the EFCC siege is coming days after the former governor held a meeting with President Bola Tinubu, at the State House. It was reliably gathered that there is currently no movement in and around the house located at Benghazi Street, Wuse Zone 4 in the nation's federal capital.  On Wednesday, a top source shared the photograph showing how operatives of the EFCC barricaded the access road to the Bello's house. The source said: "EFCC barricades Bello' house in Abuja.  No movement in the area as EFCC barricaded the house.  They are yet to gain access." Watch Video: Although there was no immediate information available to the reason while the anti-graft agency stormed the former governor's residence, it may be connected with the 84 Billion naira fraud case against him which t

A Federal High Court, sitting in Abuja, presided over by Justice D.U. Okorowo has awarded a sum of five million naira as damages against the Economic and Financial Crimes Commission, EFCC, for wrongfully parading a photographer named Nasiru Saidu Ali, Kozzo, as a fraudster. On May 17, 2019, the plaintiff, Nasiru Saidu Ali, was arrested after EFCC operatives raided his home in Abuja. The photographer was reportedly asleep when officials of the anti-graft agency stormed his house.  His picture and name alongside nine other suspected “Yahoo boys” were published on May 20, on the anti-graft agency’s Instagram page. He was released after three days in detention, after his innocence was established but Ali dragged the anti-graft agency to court for criminal defamation of character. The photographer, through his lawyer, Pelumi Olajengbesi, demanded 100 million naira damages from the EFCC but after five years, the court, in a landmark judgment delivered on Friday, 22nd March, 2024, awarded 5 m

The Economic and Financial Crimes Commission has parted ways with one of its top prosecutors amid a sprawling probe into how a high-profile case was bungled last month. Mr Uket, one of the agency’s prolific prosecutors who earlier handled cases involving Stella Oduah, Peter Nwaoboshi and Sambo Dasuki, was terminated because the agency’s chairman, Ola Olukoyede, was particularly incensed by the prosecutor’s alleged misconduct, according to multiple officials briefed on the matter.  “He was sacked because extensive internal investigation revealed he compromised the case,” an official familiar with the matter  disclosed. “But this may not be the end of the matter.”  Officials managing the situation said the EFCC brass moved quickly to castigate Offem Uket as the wellspring of untold humiliation the agency suffered in court after he suddenly said there was no inculpatory evidence to send Mr Adoke and another suspect Abubakar Aliyu to jail or foist criminal liability on Eni and Shell.  The

The Economic and Financial Crimes Commission has filed additional charges against Abiodun Agbele, an ally of a former Ekiti State Governor, Ayodele Fayose, from 11 to 24 count charges. Agbele, was arraigned by the EFCC in 2016, alongside a former Minister of State for Defence, Musliu Obanikoro; Sylvan Mcnamara Limited; Lt. A.O Adewale; Tunde Oshinowo and Olalekan Ogunseye (all at large), at a Federal High Court in Abuja on an 11 count charge of money laundering to the tune of N1.219bn. The money is part of N4.7bn allegedly transferred from an account belonging to the Office of the National Security Adviser in the Central Bank of Nigeria. In the amended charges, read to him during the proceedings where he pleaded not guilty, Agbele, Sylvan Mcnamara Limited, De Privateer Limited, and Spotless Investment Limited were listed as the first to fourth defendants. The EFCC accused Agbele of indirectly accepting 1.219 billion naira cash through an official of Zenith Bank in Akure from Obanikoro

In a 100-day span ending January 2024, the Economic and Financial Crimes Commission (EFCC) has announced that it recovered N70.6 billion, secured 747 convictions, mainly for cybercrimes, out of 2,657 accepted petitions. Chairman of the EFCC, Ola Okukoyede, made this revelation at a dialogue in Abuja, during an event themed, ‘Dialogue on Youth, Religion, and the Fight against Corruption’, held at the Musa Yar’Adua Centre, Abuja. According to Olukoyede, the recoveries were made between October 2023 and January 19, 2024. Details of the recovery outlined in an EFCC document titled, ‘Operations and Recoveries’ revealed that between October 2023 and January 19, 2024, the EFCC recovered N60,969,047,634.25, $10,522,778.57, £150,002.10, €4,119.90, making a total of N70,556,658,370.5 recovered by the anti-graft commission within the period. Within the same period, the EFCC received a total of 3,325 petitions, accepted 2,657 of the petitions, and secured the convictions of 747 persons for financi

  Justice F. Giwa Ogunbanjo of the Federal High Court sitting in Abuja on Monday, January 22, 2024, admitted a fresh exhibit against Emmanuella Eteta Ita, Head of Stakeholders Unit of the Federal Inland Revenue Services, FIRS and Surestart School Ltd in a trial within trial to determine the admissibility of her statement with the Economic and Financial Crimes Commission, EFCC. Ita and Surestart School Ltd are standing trial on a 25-count charge bordering on criminal misappropriation, diversion, criminal breach of trust and money laundering to the tune of 2billion naira. Ita’s counsel, Paul Erokoro had objected to the admissibility of the statement of her client before the court, claiming that it was exacted from her under duress and in the absence of her counsel.  This came even as the defendant reportedly volunteered her statement to EFCC's investigators in the presence of Eka Didara-Abasi Akpata, a lawyer from the Federal Inland  Revenue Service, FIRS, who accompanied her to the

  A leaked video showing a labelled carrier bag with bundles of dollar has again surfaced on the Internet. This is coming at the heels of various careless actions of the embattled Minister who is currently under investigation by the EFCC. Watch Video:    

As the media buzz heralding the just announced appointment of Mr. Ola Olukoyede is about settling down, a quick check on the laws establishing the Economic and Financial Crimes Commission has revealed that President Bola Ahmed Tinubu has committed a fundermental error in announcing Olukoyede as replacement for Rasheed Bawa, who was suspended, arrested and later resigned his appointment as chairman of the anti-graft commission. A look at Section 2(1) of the ammended 2004 Establishment act of the commission reveals that: 2: (1) The Commission shall consist of the following members – (a) a chairman, who shall - (i) be the Chief Executive and Accounting Officer of the Commission. (ii) be a serving or retired member of any government security or law enforcement agency not below the rank of Assistant Commissioner of Police or equivalent; and (iii) Possess not less than 15 years cognate experience A check on the profile of Ola Olukoyede reveals that non of his credentials does match th

Akindele Fajemiyo The media space has been agog with the news of a 261.5m naira heist involving an Ibadan based silent billionaire Akindele Fajemiyo, whose corporate office operates on the Osuntokun avenue axis of Old Bodija, almost adjacent the Ibadan home of erudite lawyer Chief Afe Babalola. Much as the alleged fraud perpetrated by Obakin Emmanuel Ajibola, a long time close ally of FAJEMIYO popularly known as Fajems has been uncovered, the ingenuity of the accused who is presently standing trial before Justice Ladiran Akintola of the Oyo State High Court, sitting in Ibadan on a four count charge bordering on alleged stealing of 251.6m naira belonging to Lee Fakino Nigeria Limited in perpetrating the heinous crime still beats the imagination of all as criminolgy experts are of the opinion that a more thorough and detailed investigation needs to be undertaken to unravel the mystery behind the fraud. Emmanuel Obakin who is a co-directors of Lee Fakino Nigeria Limited and signatory to t