The Chairman of the Economic and Financial Crimes Commission, EFCC, Abdulrasheed Bawa, has advocated collective and collaborative approach by authorities around the world in dealing with the challenges of financial crimes which, he noted, is a global scourge as no nation is spared its virulence.
Bawa’s views are contained in a keynote address which he presented today, September 6, 2021 at the 38th Cambridge International Symposium on Economic Crime, themed, “Economic Crime-Who pays and who should pay?”, organized by the Center for International Documentation on Organized and Economic Crime (CIDOEC), Jesus College, University of Cambridge,, United Kingdom.
Justice Sikiru Oyinloye of the Kwara State High Court sitting in Ilorin on Friday, September 3, 2021 sentenced one Adigun Oladapo Oludele, a final year student of the University of Ilorin, to one year imprisonment for offences bordering on internet fraud.
The court also ordered that the sum of N158,000 (One Hundred and Fifty Eight Thousand Naira) domiciled in the convict’s GTB account that was found to be proceed of unlawful transactions as well as his Lexus IS250 with registration number KJA 141 GU Lagos be forfeited to the Federal Government of Nigeria.
Also forfeited to the Federal Government were the convict’s iPhone 12, iPhone 7, Apple watch and 2 laptops, which were recovered from him at the point of arrest.
EFCC Arrests Five Suppliers of Suspected Adulterated Oil to a Multinational Company in Port Harcourt
Operatives of the Port Harcourt Zonal Command of the Economic and Financial Crimes Commission, EFCC, have arrested five suppliers of suspected illegally- refined petroleum products to a multinational construction company in Port Harcourt, Rivers State.
They were arrested on Wednesday September 1, 2021 at the premises of the company, around Rumuolumeni, Port Harcourt, Rivers State, while off-loading the suspected illegally - refined products.