money laundering

Presidential candidate of the African Action Congress, Omoyele Sowore, has expressed disappointment following the N13 million fine paid by Doyin Okupe, a former Special Adviser to ex-President, Goodluck Jonathan, in exchange for a two and…

Miyetti Allah Cattle Breeders Association of Nigeria (MACBAN) has cried out that politicians were using cattle businesses for money laundering.  MACBAN also announced that it had tabled seven points agenda to the leading presidential…

Seventeen African countries have agreed to work together to curtail money laundering and terrorism funding in the region. The countries are Benin, Burkina Faso, Cabo Verde, Comoros, Côte d’Ivoire, Gambia, Ghana, Guinea, Guinea…

Foremost lawyer and human rights activist, Femi Falana, has advised the Economic and Financial Crimes Commission, EFCC, to prosecute any lawyer involved in acts of money laundering. Mr Falana, a Senior Advocate of Nigeria, SAN, gave…

Economic and social financial Crimes Commission (EFCC) has told an Ikeja Special Offences Court on Friday that the social media celebrity, Ismaila Mustapha (alias Mompha) flouted the court order and travelled to Dubai with a new…

Economic and Financial Crimes Commission has reportedly arrested socialite Cubana Chief Priest on charges bordering on money laundering and tax fraud. According to PeoplesGazette, officials familiar with the matter confirmed the…

An Ikeja Special Offences Court has on Monday, March 28, reduced from the bail of social media celebrity, Ismaila Mustapha (alias Mompha) from N200 million to N25 million. Justice Mojisola Dada made the ruling following a prayer by…

A Federal High Court sitting in Jos has on Tuesday sentenced a former Minister of Water Resources, Sarah Ochekpe, to three months imprisonment. Ochekpe, who served as Minister under former President Goodluck Jonathan, was sentenced…

United States District Court for the Central District of California has postponed the sentencing of self-confessed international fraudster, Ramon “Hushpuppi” Abbas till July 11, 2022. According to PeoplesGazette, court document…

Police Service Commission has directed the Inspector-General of Police, Usman Baba, to deepen investigations into the connection between the suspended head of the Intelligence Response Team, Abba Kyari, and an internet scammer, Abbas Ramon,…

Economic and Financial Crimes Commission (EFCC) has re-arrested Dubai-based suspected internet fraudster, Ismailia Mustapha popularly known as Mompha. Mompha was nabbed on Monday for “laundering funds” obtained through unlawful…

Federal High Court in Abuja has on Monday found Abdulrasheed Maina, the former chairman of the now-defunct Pension Reformed Task Team, to 61 years in jail after finding him guilty of money laundering and racketeering.  However, Maina will…

Popular socialite and businessman, Obinna Iyiegbu, better known as Obi Cubana, has reportedly been arrested by Economic and Financial Crimes Commission (EFCC) for money laundering. According to ThePunch, the Anambra-born 46-year-old club…

Faisal Maina, son of Abdulrasheed Maina, former Chairman of defunct Pension Reformed Task Team (PRTT), has been sentenced to 14 years imprisonment. In the judgment delivered on Thursday, Okon Abang, trial judge, found Faisal guilty on a…