Salami Panel: Magu Boys Caught on Tape Demanding N75mn Bribe A businessman has played a tape recording before the Justice Ayo Salami-led Presidential Probe Panel on how some operatives of Economic and Financial Crimes Commission (EFCC), popularly known as 'Magu boys' used a lawyer to...

Ibrahim Magu: The Emperor Has No Clothes By Johnmary Chukwukasi Jideobi     “Those who fight corruption should be clean themselves” - Vladimir Putin BACKGROUND FACTS: That the former Acting Chairman of the Economic and Financial Crimes Commission (called EFCC henceforth for short) was arrested on the 6th day of July,...

On Magu, VIPs and Security Agencies By Mohammed Dahiru Lawal   Since the Economic and Financial Crimes Commission (EFCC) was founded in 2003 and its establishment act (2004) empowers it to prevent, investigate, prosecute and penalise economic and financial crimes in addition to the responsibility of enforcing...

EFCC Arraigns BDC Operators For Laundering $1.6m     The Economic and Financial Crimes Commission (EFCC) yesterday arraigned Bureau De Change (BDC) operators for allegedly laundering $1.6million, said to be proceeds of smuggling. The defendants – Chris Ogbonna, and Sulaiman Jibbo – were arraigned alongside two firms –...

Anti Corruption War: EFCC, Customs Lack Public Data on Recovered Assets     Nigeria’s foremost anti-corruption agency, the Economic and Financial Crimes Commission (EFCC), and the Nigeria Custom Service, both government agencies fighting corruption, have no public data system that engenders transparency in the management of recovered...

Investigate N5.4bn NDDC PPE Contract, Group Tells EFCC   A group, the Niger Delta Rights Advocate, has called on the Economic and Financial Crimes Commission to investigate over N5.4bn personal protection equipment and COVID-19 sensitisation contract awarded to a firm, Signora Concept Services Limited, by the...