In a significant development, the Economic and Financial Crimes Commission (EFCC) has informed Justice Oyindamola Ogala of the Lagos High Court in Ikeja that Cletus Ibeto, Chairman of Ibeto Energy Development Company, has made restitution of N1.5 billion in two installments. This payment is in connection to the N4.8 billion fraud allegations for which Ibeto and his companies are facing charges in court.The disclosure was made by the EFCC's counsel, Rotimi Jacobs, SA...

Following the suspension of Abdulrasheed Bawa, as Executive Chairman of the Economic and Financial Crimes Commission by the Federal Government, Mr. Abdulkarim Chukkol has stepped in as Acting Chairman of the Commission.The commission stated this in a post on its verified Facebook page on Thursday.Until this new role, he was the Director of Operations of the Commission.A pioneer staff of the Commission and an illustrious member of the EFCC Cadet Course One, Mr. Chukk...

The Chairman of the Economic and Financial Crimes Commission (EFCC) Abdulrasheed Bawa slumped at the third National Identity Day celebration at the Banquet Hall Villa. Naijacrawl reports.Reports have it that the chairman was delivering his goodwill speech when he suddenly stopped, staggered back to his seat and laid down.The Minister of Communications and Digital Economy, Professor Isa Pantami and other dignitaries held him, after sometime he was guided out of the...