Money Laundering

The Federal High Court in Lagos has ordered that suspected internet fraudster, Ismaila Mustapha, also known as Mompha, be kept in the custody of the Nigerian Correctional Services. Justice Mohammed Liman gave the order on Monday after “Mompha” pleaded not guilty to the 14 charges of laundering N33 billion filed by the Economic and Financial […]

The trial against Abdullahi Babalele, a son-in-law of former Vice-President Atiku Abubakar, who was accused of laundering $140,000 in the build-up to the 2019 general elections commenced today. At the Federal High Court Sitting in Lagos, the Economic and Financial Crimes Commission (EFCC) called its first witness, Bashir Mohmmmed, who described himself as a close […]

A prosecution witness, Mr Shehu Shuaibu, has told a Federal High Court in Lagos that the sum of N800 million was paid from the Ministry of External Affairs into the account of a company, Jointrust Dimension Ltd. The witness, an investigator with the Economic and Financial Crimes Commission (EFCC), gave the testimony on Tuesday at […]

A Federal High Court Sitting in Lagos has granted an application filed by the former governor of Ekiti State, Ayodele Fayose seeking permission to travel abroad. The court ordered the immediate release of his international passport. Justice Chukwujekwu Aneke granted this application after the Economic and Financial Crimes Commission on Tuesday re-arraigned the former Governor […]