Real estate mogul, Sujimoto reacts after EFCC declared him wanted
Real estate businessman Olasijibomi Ogundele, also known as Sujimoto, has responded after the Economic and Financial Crimes Commission (EFCC) declared him wanted over alleged diversion of funds and money laundering. The anti-graft agency published the notice on September 5, signed by its public relations officer, Dele Oyewale. In a video released on Friday, Sujimoto explained […]
Nigerian ‘cybercrime kingpin’ pleads guilty to role in $6m fraud scheme in U.S.
James Junior Aliyu, a 30-year-old Nigerian living in South Africa at the time of the crimes, has admitted to participating in a conspiracy to commit wire fraud and money laundering. Aliyu, arrested and extradited from South Africa to the U.S., is the final defendant of three to plead guilty in a business email compromise (BEC) […]
Two pastors arrested in $50m human trafficking, fraud case
Two American pastors have been arrested on federal charges for allegedly running a $50 million human trafficking and fraud scheme. The suspects are David Taylor, 53, and Michelle Brannon, 56, both leaders of the Kingdom of God Global Church, formerly known as Joshua Media Ministries International. Taylor was picked up in Durham while Brannon was […]
No One Is Above The Law – Presidency Defends EFCC Over Atiku Son-In-Law’s Case
The Presidency has backed the Economic and Financial Crimes Commission (EFCC) after it declared Abdullahi Haske, businessman and son-in-law of former Vice President Atiku Abubakar, wanted over allegations of conspiracy and money laundering. Haske, founder of AA & R Investment Group, was listed as wanted after breaching the conditions of his bail and ignoring EFCC […]
EFCC declares Atiku’s Son-in-law wanted over alleged money laundering
The Economic and Financial Crimes Commission (EFCC) has declared Abdullahi Bashir Haske, a businessman and son-in-law of former Vice President Atiku Abubakar, wanted over allegations of criminal conspiracy and money laundering. In a statement released by the commission’s Head of Media and Publicity, Dele Oyewale, the EFCC urged members of the public with any useful […]
EFCC probes woman arrested with undeclared $14,567, £1030 and CA$40 at Lagos Airport
The Economic and Financial Crimes Commission (EFCC) in Lagos has started investigating a woman named Phil-Olumba Ifunaya Sheila. She was arrested by the Nigeria Customs Service (NCS) for trying to travel out of the country with a large amount of money without declaring it. Sheila was stopped during a routine security check at the Murtala […]
Aisha Achimugu: Bank MD, compliance chief linked to alleged $12m laundering
The trial of SunTrust Bank Managing Director, Halima Buba, and the bank’s Chief Compliance Officer, Innocent Mbagwu, has begun in Abuja. Both are accused of helping to move large sums of money in suspicious ways. The Economic and Financial Crimes Commission (EFCC) has filed six charges against them. The charges involve laundering $12 million through […]
Barclays bank fined £42m by financial watchdog for handling money laundering poorly
Barclays Bank has been hit with a heavy fine of £42.4 million by the UK’s financial regulator for not properly handling the risk of money laundering in two different situations linked to WealthTek and Stunt & Co. Out of the total fine, £39.3 million was for Barclays’ failure to manage risks when dealing with Stunt […]
EFCC declares Kano indigene wanted for ‘$1.9m fraud’
The Economic and Financial Crimes Commission (EFCC) has announced that it is searching for a man named Rabiu Auwalu Tijjani from Kano State. He is being accused of being involved in a serious financial crime worth almost $2 million. According to a statement by EFCC’s spokesperson, Dele Oyewale, Tijjani is wanted for allegedly working with […]
US court jails Nigerian Pastor over $4.2m COVID-19 fraud
A Nigerian pastor named Edward Oluwasanmi has been sentenced to just over two years in a United States prison after he was found guilty of scamming the U.S. government out of $4.2 million meant for COVID-19 relief. Oluwasanmi was arrested in April 2024 along with Joseph Oloyede, a traditional ruler from Ipetumodu in Osun State, […]