Tag: Economic and Financial Crimes Commission

$4,095 SEC Fraud: EFCC Presents More Witnesses

The Economic and Financial Crimes Commission, EFCC, Wednesday presented two more witnesses in the on-going trial of the former Chairman of the House of Representatives Committee on Capital Markets and Other Institutions, Herman Hembe and his deputy, Chris Ifeanyi Azubogu before Justice Peter Kekemeke of the FCT High Court, Apo, […]

EFCC arrests Soludo over currency contract scam

A former Governor of Central Bank of Nigeria, Prof. Charles  Soludo, was on Thursday arrested by the Economic and Financial Crimes  Commission over his role in the Australian polymer banknotes bribery scam which occurred between 2006 and 2008 when he was in office. The PUNCH was informed by sources in […]

Special Report: Loopholes Revealed In The Ribadu Committee Report Makes Passing PIB Imperative

Nigeria can block loopholes that have cost the federal government tens of billions of dollars in oil and gas revenue if the National Assembly approves the new Petroleum Industry Bill (PIB). Nigeria’s first female Petroleum Minister, Mrs. Diezani Alison-Madueke had in the first quarter of the this year commissioned a Petroleum […]