The Economic and Financial Crimes Commission today March 14, 2013 arraigned Bashir Musa before Justice Fatu Riman of the Federal High Court, Kano on a two count charge that borders on obtaining under false pretence.
The Economic and Financial Crimes Commission today, March 14, 2013 arraigned one Toyin Shokunbi before Justice Adebukola Banjoko of the Federal Capital Territory High Court, Gudu, Abuja on an eight count charge bordering on intent to defraud and obtaining money by false pretence.
The Economic and Financial Crimes Commission, EFCC, has called on banks to collaborate with it in fighting money laundering and other forms of economic and financial crimes.
This call was made on March 12, 2013 by Mr. David Iloyanomon, Head of Operations, Enugu zonal office of the Commission, when he hosted some senior bank officials in his office. Iloyanomon called on banks to cooperate with the Commission as a way of finding lasting solution to the issues of fraud, internet scam and other forms of economic crime bedevilling the financial sector.
Justice Sadiq Umar of the High Court of the Federal Capital Territory, Abuja on January 28, 2013, convicted and sentenced a banker, Akin Oladipupo to seven and half years imprisonment in a case brought against him by the Economic and Financial Crimes Commission, EFCC.
The Economic and Financial Crime Commission, EFCC, on Thursday March 7, 2013 arraigned one Patrick Fernandez , 50, before Justice Adeniyi Onigbanjo of the Lagos State High Court sitting in Ikeja on a five count charge bordering on obtaining money under false pretences and issuance of dud cheques worth N44,950, 000 ( Forty- Four Million, Nine Hundred and Fifty Thousand Naira) contrary to section 1(1) of the Dishonoured Cheques Act Laws of Federation of Nigeria 2004.
The Economic and Financial Crimes Commission, EFCC, and Ghana's Financial Intelligence Centre have resolved to deepen the level of cooperation between the two agencies. This emerged Thursday March 7, 2013 as the Chairman of the EFCC; Mr Ibrahim Lamorde received Mr. Samuel Thompson Essel, Chief Executive Officer, Financial Intelligence Centre and the agency's Head of International Cooperation, Edward Mussey in his office at the EFCC headquarters, Abuja.
The Economic and Financial Crimes Commission on March 7, 2013 arraigned Usman Salifu, a former Branch Manager with Oceanic Bank Plc before Justice Dije Aboki of the Kano State High Court , Kano on twelve count charge of theft and misappropriation of funds.
The Economic and Financial Crimes Commission (EFCC) on March 6, 2013 arraigned Emmanuel Akabueze before Justice Fatu Riman of the Federal High Court Kano on three count charge that borders on conspiracy and obtaining by false pretence.
The Economic and Financial Crimes Commission, EFCC and the Inter-Governmental Action Group against Money Laundering in West Africa, GIABA on Wednesday, March 6, 2013 signed a Memorandum of Understanding that will see GIABA provide technical assistance to the Commission in furtherance of its mandate of fighting economic crimes and corruption. Speaking at the signing ceremony which took place at the Commission's headquarters in Abuja, the Director- General of GIABA, Dr Abdullahi Shehu said the technical support his organization is offering the EFCC should be able to strengthen its capacity in the area of investigation and diligent prosecution with a view to increasing the number of convictions.
The Economic and Financial Crimes Commission has raised alarm over the rising incidences of e-mail spoofing and account takeover by suspected fraudsters. The trend which targets influential personalities in government, the professions and the private sector has assumed a frightening dimension in recent time with not a few people losing their e-mails to the fraudsters who deploy the accounts to various nefarious ends; including soliciting funds from friends and acquaintances of the owners of the accounts.