Wednesday, 19 April 2017

Seized N13bn cash: EFCC searches ex-gov Obi, Mu’azu, others’ Ikoyi flats

The Economic and Financial Crimes Commission, on Tuesday, searched the apartments of the immediate past Governor of Anambra State, Peter Obi; and a former Chairman of the Peoples Democratic Party, Alhaji Adamu Mu’azu, as part of investigations into the  $43.4m, £27,000 and N23m (N13bn) found at a flat in Osborne Towers, Ikoyi, last week. Other prominent persons, living in the building, include...

Seized $43m not mine, says ex-NNPC MD

A former Managing Director of one of the subsidiaries of the Nigerian National Petroleum Corporation, Esther Nnamdi-Ogbue, has denied social media reports linking her to the $43.4m, N23m and £27,000 recovered by the Economic and Financial Crimes Commission.Nnamdi-Ogbue, who was MD, NNPC Retail section as well as the Pipelines and Product Marketing Company, said this in a statement by her lawyer, Mr....

Why I won’t react to Melaye’s allegation – Kogi gov

Kogi State Governor Yahaya Bello has said  he  will not react to  Senator Dino Melaye’s allegation that he planned to kill him. The  governor,  who spoke  through his Director-General on Media and Publicity, Mr. Kingsley Fanwo,  on Tuesday,  said  Melaye’s...

Wednesday, 12 April 2017

EFCC recovers $43m, £27,000, N23m during house raid

The Economic and Financial CrimesCommission on Wednesday raided a house in Ikoyi, Lagos recovering about $43m, N23m and £27,000 in cash. The total cash when converted using the current  rate of the Central Bank of Nigeria amounts to N11,661,314,000.It was learnt that the recovery was made at a service apartment located at Osborne Towers. The identity of the owner of the funds had yet to be ascertained...