Economic and Financial Crimes Commission (EFCC) is gearing up to prosecute the immediate-past governor of Anambra State, Chief Willie Maduabuchi Obiano. The case is slated to be heard before Justice Inyang Ekwo of the Federal High Court in Abuja, and it revolves around alleged money laundering involving a staggering sum of N4,008,573,350.Obiano is expected to face nine counts of money laundering, with charges stemming from the purported movement of N4,008,573,350 f...

On August 24, 2022, the Economic and Financial Crimes Commission (EFCC)'s Lagos Zonal Command brought Lucky Uchechukwu Ndukwe, a manager with the Cubana Group, and Precious Omonkhoa Ofure before Justice Justice O.A. Fadipe of the Special Offenses Court in Ikeja, Lagos, for an offense that may have been considered a conspiracy to launder money.Agents of the Commission recently detained Ndukwe and Ofure after receiving reliable information about their alleged involvem...

On Thursday, the Federal High Court in Abuja discharged and acquitted Andrew Yakubu, the former Group Managing Director of the Nigerian National Petroleum Corporation, of money laundering allegations brought by the Economic and Financial Crimes Commission.In 2017, the Economic and Financial Crimes Commission (EFCC) raided Mr. Yakubu's home in the Sabon Tasha region of Kaduna State on a tip-off and discovered $9,772, 800 and £74,000 in a safe.After a five-year court...