EFCC Contributes N50bn to Student Loan Scheme – NELFUND The Nigerian Education Loan Fund (NELFUND) has confirmed receiving an additional N50 billion from the Economic and Financial Crimes Commission (EFCC) for the student loan scheme. According to the organisation, the release followed the directive of...

EFCC Recovers N231.62bn in One Year The Economic and Financial Crimes Commission (EFCC) has recovered over N231.623billion during the first year of the administration of President Bola Ahmed Tinubu. Other recoveries include US$70,260,544.18; £29,264.50(GBP); Euro 208,297.10; $3,950.00 (Canadian); $740.00 (Australian); 35,000.00 (Rand); 42,390.00 (UAE Dirhams); 247.00...

Ex-power Minister ‘Mamman’ Granted N10b Bail A Federal High Court in Abuja has granted bail to a former Minister of Power, Saleh Mamman at N10billion. In a ruling on Friday, Justice James Omotosho ordered Mamman to produce two sureties in like sum. Justice Omotosho said each of...

Court Remands Ex-power Minister in Kuje Prison over N33bn Fraud The Abuja Federal High Court has ordered that a former Minister of Power, Saleh Mamman, be remanded in Kuje prison in Abuja pending the consideration of his bail application. Justice James Omotosho issued the order on...

Ex-Accountant General Asks Court For Extension to Refund Stolen Funds Anamekwe Nwabuoku, the former acting Accountant-General of the Federation, has appealed to Justice James Omotoso of the Federal High Court in Abuja for more time to complete the refund of the public funds allegedly looted...

EFCC Opens Case Against Sirika, Others Over Alleged N2.8bn Fraud The Economic and Financial Crimes Commission (EFCC) on Monday in a Federal Capital Territory (FCT), High Court, Maitama opened its case of alleged N2.6 billion fraud against former Aviation Minister, Hadi Sirika and three others. The...