Category: Corruption, fraud and public theft

Hackers steal $11m from Nigeria, others

A new technical report published by Group-IB reveals that OPERA1ER, a French-speaking hacking group has stolen at least $11 million and successfully carried out over 30 attacks against banks, financial…

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USA MOVES TO CHECKMATE DOLLAR STOCKPILE IN AFRICA

Should this action be implemented come January 2023 as reported, Nigeria corrupt politicians will be worse hit. The just concluded extraordinary meeting held in Washington DC on Nov. 2nd 2022…

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Bank Fraud: EFCC arrests Kogi Assembly Candidate with N326m, $610,500 Cash

The Economic and Financial Crimes Commission, EFCC, has arrested the Kogi State House of Assembly candidate of the New Nigeria Peoples Party, NNPP, Ismaila Yusuf Atumeyi with N326million and $…

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Alleged N400m Fraud: ICPC Arraigns Former NABDA Boss, Alex Akpa, Others

Counsel to the anti-corruption commission, O.G. Iwuagwu, informed that seven witnesses had been lined up to testify against the defendants. Former acting director-general of, the National Biotechnology Development Agency (NABDA),…

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NDLEA blocks N217m, seizes 6 houses, declares Lagos socialite wanted

The National Drug Law Enforcement Agency (NDLEA) has declared wanted a Lagos socialite and owner of Adekaz Hotels, Ademola Afolabi Kazeem, over offences bordering on exportation and trafficking of illicit…

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The Re-design of Naira will stop buying of votes – AbdulRasheed Bawa

AbdulRasheed Bawa, the Chairman of the Economic and Financial Crimes Commission, has applauded and praised the Federal Government over the Central Bank redesign of naira notes, mentioning that it will…

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Court Orders Final Forfeiture of Fmr. Minister of Petroleum, Diezani’s Abuja Homes, Cars

Justice Mobolaji Olajuwon of the Federal High Court, Abuja on Monday, October 24, 2022, ordered the final forfeiture of two Abuja properties and two luxury cars belonging to a former…

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Money to fix Nigeria stolen on daily basis – ICPC

THE  Independent Corrupt Practices and other Related Offences Commission,  ICPC has raised the alarm that money to fix Nigeria is  in the country, but being stolen on daily basis and…

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Central Bank Governor, Emefiele, Afreximbank President, Oramah, Others Under EFCC, NFIU Investigations Over $300million Paid To Acquire Union Bank

The Central Bank of Nigeria Governor, Godwin Emefiele; the President of African Export-Import Bank (Afreximbank), Prof. Benedict Oramah; among others are currently under investigation over the $300million the pan-African multilateral…

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Drug trafficking, shaming a nation.

It is quite sad that many who bring shame on Nigerians don’t realise the overall damage being done to generations unborn. Today’s Nigeria have an irritating number who seem to…

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