Crime Fraud Nigeria

Reps ticket: Herbalists dupe Ekiti politician of N24m

The Economic and Financial Crimes Commission (EFCC) Tuesday said it had arrested two self-proclaimed spiritualists for defrauding an aspiring House of Representatives member in Ekiti State of N24,071,000. It said the men, Alfa Abiodun Ibrahim and Wale Adifala, alongside one Ifawole Ajibola (aka Baba Kalifa currently on the run), obtained the money under the pretext Read More…

The Nigeria Lawyer
Nigeria Top Story

Kalu’s N7.1b ‘fraud’ trial: Court blasts EFCC lawyer, may disqualify SAN in seven days

The Federal High Court Abuja on Friday issued a seven-day ultimatum to a Senior Advocate of Nigeria (SAN), Mr Rotimi Jacobs, to show cause why he should not be disqualified from further prosecuting former Abia governor,  Orji Uzor Kalu. Kalu, who is serving as a senator, is standing trial on allegations of mismanaging funds belonging Read More…

Crime Fraud Metro

Court orders Lagos resident’s arrest over alleged N100m fraud

The Lagos High Court, sitting at the Tafawa Balewa Square (TBS) has issued a bench warrant against a Lagos-based defendant, Ibukun Fakaye, following his alleged failure to appear before the court to answer charges of forgery and fraud of N100 million. The Police, through the Office of the Inspector-General (IGP), dragged the defendant before the Read More…

Banking

NEXIM bank clarifies N50bn alleged fraud, says says money used for 62 projects, others

The Nigerian Export-Import Bank (NEXIM), on Tuesday clarified the alleged mismanagement of N50 billion Export Development Fund released by the Central Bank of Nigeria (CBN), saying that 62 projects were supported using the intervention. Mr Tayo Omidiji, Head of Strategy and Communications Department, NEXIM Bank, made the clarification in a statement issued in Abuja. Omidiji Read More…