Money Laundering In Nigeria
Money laundering has been described as the process of trying to manage the product of crime. The phrase “money laundering” means simply “the washing of money” but a thing is laundered only when it is dirty with the goal of cleaning it. Read more about Law The washing of money is infused with an […]
The Questionable Nomination Of Abdulrasheed Bawa As EFCC Chairman
Abdulrasheed Bawa was handpicked to be the next chairman of the EFCC in a rather eventful week in national politics. Many have raised eyebrows for a number of reasons. Prominent amongst them is his age; the man is only forty-as he is pretty young for a Nigerian….. anything for that matter. Read more about politics […]
Social Media Roundup
BBC This week has been eventful as usual on the social media space (obviously some weeks are more eventful than others). Some of these events cut across from mundane to profound stuff. Read more about Social Media Roundup Magu: Over the weekend and week, Ibrahim Magu went from acting chairman of the Economic Financial Crimes […]
When Two Major Verdicts Renewed Hope In The Judiciary
The 5th of November 2019 is a day that will not be forgotten in a hurry by Nigerians – inclusive of those who have lost faith in the salvaging which the judiciary is capable of in our fledgling democracy and those ones who fervently are forever optimistic that the beautiful ones still abide among us. […]
Where Are EFCC’s Recovered Funds Going To?
Some Nigerians have been complaining for years that they only hear about tales of recovered funds by the Economic and Financial Crimes Commission (EFCC), but not any signs of any projects done with the funds or the liquid assets. And again at the recent 17th edition of the Town Hall Meeting on the Fight Against […]
Is EFCC’s Fight against Financial Crime Selective?
The Economic and Financial Crimes Commission (EFCC) has been in the news again of late with the flurry of successful arrests being made of suspected money launderers and heist kingpins. Ordinarily, it is an applaudable move that the agency tasked with the duty of apprehending and prosecuting suspects in the financial sector is seen waging […]
Why the ICPC Should be Given Precedence Over EFCC
For longer than most Nigerians can remember, the Independent Corrupt Practices and Related Offences Commission (ICPC) seems non-existent. Possibly, the overlap in some of the duties of the Economic and Financial Crimes Commission (EFCC) cancelling out that of the ICPC in the public domain may have also contributed to this citizen indifference about the two […]
Obanikoro et al: The Selective Fight Against Corruption
The current administration of President Muhammadu Buhari rode into power on the shiny wings of well-oiled integrity machinery. But the selective manner in which government instruments under the control of the executive arm witch-hunts the opposition while ignoring corrupt practices by the incumbent party loyalists is quite alarming. While many have tried in the past […]
The Case of Kemi Adeosun and a String of Executive Impunities
It was with great relief that the news of resignation of erstwhile Minister of Finance, Mrs. Kemi Adeosun, hit the airwaves. In a press release, she gave a rather convoluted explanation of the NYSC exemption certificate controversy which has not only rocked the integrity boat of the current administration but also her own credibility for […]
EFCC Unveils Twitter’s Handler
In case you don’t know, there has been an unmasking of the voice of the eagle. The eagle that represents @officialefcc, the twitter handle of Economic and Financial Crimes Commission. The one who everyone loved for his height of savagery: F Shaw King Fisher. This unveiling came as a goodbye note as F Shaw was said […]
Nigeria Today: Top 5 News Stories, Tuesday, Oct 18, 2016
Federal Government to sign a $15 billion deal with India for crude purchases. The National Universities Commission (NUC), scraps pre-degree and diploma programmes in Nigerian universities. Banks reject naira for visa payment due to dollar scarcity and volatile FOREX market. Death toll in Jema’ah LGA, Kaduna in attacks by suspected Fulani herdsmen hit 40. EFCC […]
Remi Babalola Asks EFCC to Give Informants 10% of Recovered Stolen Assets
Remi Babalola, former minister of State for Finance, has said that to encourage whistle blowing and curb corruption, the Economic and Financial Crimes Commission (EFCC) should give 10 per cent of recovered stolen assets to whistle blowers or informants if successfully prosecuted. According to the report by Nigeria CommunicationsWeek, Babalola said this in Abuja yesterday, […]
Ibori ‘ll still face trial in Nigeria, says EFCC.
Ibori ‘ll still face trial in Nigeria, says EFCC.