Tag: Financial Crimes

Nigeria: EFCC Operatives Arrests 18 Suspected Internet Fraudsters In Lagos

27Sep

By Debo OmilaniNo Comments

Corruption, Crime, Economy, Lagos News, News, Nigeria, Security

Nigeria: EFCC Operatives Arrests 18 Suspected Internet Fraudsters In Lagos

The Economic and Financial Crimes Commission, EFCC, on Friday arrested 18 (Eighteen) suspected internet fraudsters in Alagbado area of Lagos State. The suspects are: Abass Mukhtar, Enitan Adekunle, Olakunle Araoyinbo, Korede Adetule, Christmas Gabriel, Christmas Yole, Christmas Emmanuel and Harrison Obayogbono. Others are: Victor Kenneth, Adewale Musibau, Oluwajuwon Shofuyi, Idris Abdulazeez, Oyeku Adeoye, Omilana Adeleke, Okeke Chucks, Peters Olamide, Abayomi Jones and Usman Olalekan. The suspects were arrested during a sting operation of EFCC Lagos Zonal Office in the early hours at three different locations in the Alagbado area of Lagos State, following intelligence reports received by the Commission from concerned members of the public about their alleged involvement in the c...

Nigeria: EFCC, Lottery Commission to Partner on Intelligence Gathering

The Economic and Financial Crimes Commission, EFCC and National Lottery Regulatory Commission, NLRC, has resolved a collaboration towards the achievement of their respective mandates. Speaking on Wednesday during a courtesy visit of the management team of National Lottery Regulatory Commission (NLRC), which was led by the Director General, Lanre Gbajabiamila, to EFCC's headquarters. the Acting EFCC Chairman, Ibrahim Magu said the Commission was open to collaborations and particularly willing to partner the NLRC in the area of information sharing, intelligence gathering, enforcement and prosecution. According to him, the EFCC is working towards putting every needed infrastructure in place that would enable it function optimally towards the realization of its mandate and compete with ...

Nigeria: Okorie Drags Zenith Bank to CBN Over ‘Disappearance’ of $64.1 Million

An alleged disappearance of over $64 million from the vaults of the Zenith Bank has landed the multinational financial services provider in trouble. Zenith bank is rated as a large financial service provider in Nigeria and Anglophone West Africa. As at the ending of 2016, her total assets was N4.7 trillion with shareholders’ equity of N616.3 billion. She is listed on the Nigeria Stock Exchange and the London Stock Exchange. But the Managing Director of Owigs and Obigs, Emeka Okorie, has dragged the bank before the Central Bank of Nigeria (CBN) over an alleged unethical conduct which resulted in the termination of a foreign business transaction of over $64 million, with a Chinese firm, King-Tan Tantalum Industry. Okorie is praying the apex bank for clarification on the validity of...