Alleged N8.7bn Money Laundering: Court Remands Ex-AGF Malami, Son, Associate in Kuje
A Federal High Court in Abuja has ordered the remand of former Attorney General of the Federation and Minister of Justice, Abubakar Malami, his son Abdulaziz Malami, and an associate, Hajia Bashir Asabe, at the Kuje Correctional Facility over alleged…
Court Clears Ex-Ekiti Governor Ayodele Fayose of Money Laundering Charges
A Federal High Court sitting in Lagos on Tuesday morning discharged and acquitted former Ekiti State Governor, Mr Ayodele Fayose, of all counts in the protracted money laundering case instituted against him by the Economic and Financial Crimes Commission…
How Former Acting Accountant General Allegedly Laundered N868 Million Using Front Companies – Witness Reveals in Court
A Federal High Court in Maitama, Abuja, heard explosive testimony on Thursday detailing how the former Acting Accountant General of the Federation, Chukwunyere Nwabuoku, allegedly diverted over N868 million from the Ministry of Defence using a network of…
Sterling Bank Officials Indicted for Alleged $122 Million Fraud, Money Laundering, and Forgery
Shocking revelations have emerged regarding the indictment of top officials at Nigerian bank Sterling Bank PLC for alleged money laundering, illegal deductions, forgery, and fraudulent mismanagement of over $122 million belonging to MIDEN Systems Ltd.,…
BDC Operator Reveals ₦22 Billion Money Laundering Scheme in Trial of Ex-Minister Saleh Mamman
In a shocking revelation during the ongoing trial of former Minister of Power, Saleh Mamman, a bureau de change (BDC) operator, Abdullahi Suleman, has unveiled how over ₦22 billion passed through his accounts in what is suspected to be a money-laundering…
EFCC Arraigns Ex-AGF Anamekwe Nwabuoku Over Alleged N1.96 Billion Money Laundering
The Economic and Financial Crimes Commission (EFCC) has arraigned Anamekwe Nwabuoku, a former acting accountant-general of the federation (AGF), on allegations of laundering N1.96 billion. In July 2024, the EFCC brought Nwabuoku and Felix Nweke, a former…
Former AGF Adoke Acquitted in High-Profile Money Laundering Case
A Federal High Court in Abuja has cleared former Attorney-General of the Federation, Mohammed Bello Adoke, of money laundering allegations. Justice Inyang Ekwo accepted Adoke’s argument that the prosecution failed to present sufficient evidence to…