Tag: EFCC

  • ICPC says it recovered ₦37.4bn and $2.35m through forfeitures in 2025

    ICPC says it recovered ₦37.4bn and $2.35m through forfeitures in 2025

    2025-12-15 03:57:00

    According to The Punch, the Independent Corrupt Practices and Other Related Offences Commission (ICPC) says it recovered about ₦37.44bn and $2.35m in 2025 through seizures and forfeitures.

    The report frames the figure as part of the commission’s asset recovery efforts, reflecting a focus on tracing proceeds and enforcing forfeiture orders.

    Anti-graft recoveries are often followed by questions about how forfeited assets are managed and whether recovered sums are transparently remitted to government accounts.

    Analysis/Echotitbits take: Beyond headline totals, the public interest is in traceability and impact—where the assets went, how they’re valued, and how proceeds are applied. Watch for detailed breakdowns, court orders, and any inter-agency coordination updates with EFCC/CCB.

    Source: The Punch — December 15, 2025 — https://punchng.com/icpc-recovers-n37-4bn-2-35m-in-2025/

    Photo credit: The Punch

    The Punch https://punchng.com/icpc-recovers-n37-4bn-2-35m-in-2025/ December 15, 2025

  • Ex-Minister Chris Ngige Remanded in Kuje Over Alleged N2.2bn Contract Fraud

    Ex-Minister Chris Ngige Remanded in Kuje Over Alleged N2.2bn Contract Fraud

    Former Minister of Labour and Employment and ex-Anambra State governor, Chris Ngige, has been ordered remanded in Kuje Prison by a Federal High Court in Abuja. He pleaded not guilty to an eight-count charge bordering on alleged N2.2 billion contract fraud reportedly linked to his time in office.

    The Economic and Financial Crimes Commission is accusing Ngige of irregular contract awards and diversion of public funds. At the arraignment, his lawyers applied for bail, but the court adjourned ruling, directing that he be kept in Kuje pending determination of the application.

    The case has reignited debate about accountability for former public officials, with analysts saying the trial will test the administration’s willingness to pursue politically exposed persons. Civil-society groups are calling for an open, speedy process that goes beyond headlines to real recovery of any stolen funds.

    Source: Punch – “Ex-minister Ngige remanded in prison over N2bn fraud”.

  • EFCC Arraigns Ex-Labour Minister Chris Ngige Over N2.2bn Fraud Allegation

    EFCC Arraigns Ex-Labour Minister Chris Ngige Over N2.2bn Fraud Allegation

    Photo Credit:Punch Newspapers

    The Economic and Financial Crimes Commission has arraigned former Minister of Labour and ex‑Anambra Governor, Chris Ngige, over alleged diversion of N2.2 billion public funds. He was brought before a Federal High Court on multiple counts bordering on abuse of office, money‑laundering and misappropriation.

    Ngige pleaded not guilty as his lawyers argued that the charges are politically motivated. The case adds to a string of high‑profile prosecutions targeting former officials, with anti‑corruption activists insisting that successful convictions and asset recoveries are crucial to restoring public trust and plugging revenue leakages.

    Source: Punch Newspapers – 12 Dec 2025

    2025-12-12 10:00:00 Punch Newspapers – 12 Dec 2025 2025-12-12

  • EFCC Clarifies Sylva Probe, Says Abuja Home Was Marked, Not Sealed

    The EFCC denied reports that it raided or sealed the Abuja residence of former petroleum minister Timipre Sylva, saying the property was only marked as part of an ongoing investigation. The commission urged the public to avoid mischaracterising standard investigative processes.

    The clarification followed heightened political and public interest in the scope of anti-corruption probes within the petroleum sector.

    2025-12-10

    Punch Newspapers

    2025-12-10

  • EFCC Holds Ex-AGF Malami Over Unmet Bail Conditions

    The EFCC detained former Attorney-General Abubakar Malami after he reportedly failed to meet bail conditions earlier granted to him. The commission said investigations into multiple allegations are ongoing.

    Malami has previously rejected accusations against him, but the agency maintains he remains in custody until he fulfils the requirements for release.

    2025-12-10

    Punch Newspapers

    2025-12-10

  • Sylva’s Camp Condemns EFCC Sealing of Maitama Home

    Sylva’s Camp Condemns EFCC Sealing of Maitama Home

    A media aide to former petroleum minister Timipre Sylva criticised the EFCC for sealing his Maitama residence, alleging shortcomings in notice and due process.

    The development adds to public debate around high-profile anti-corruption actions and political accountability.

    Source: Daily Trust, 2025-12-08

  • EFCC Alleges Arik Funds Used to Float NG Eagle

    EFCC Alleges Arik Funds Used to Float NG Eagle

    At the Special Offences Court in Ikeja, the EFCC presented documents alleging that funds linked to Arik Air were used to float NG Eagle Airlines. The trial involves former AMCON officials and corporate entities.

    The matter was adjourned into early January 2026 for continuation of proceedings.

    Source: Vanguard, 2025-12-09

  • Court Refuses Immediate Suspension of NNPCL GCEO

    An FCT High Court reportedly declined to grant an ex-parte request seeking the immediate suspension of the NNPCL GCEO pending an EFCC investigation. The court ordered the relevant parties to respond, moving the matter into a substantive hearing phase.

    The suit underscores the rising role of civic litigation in shaping public-sector accountability debates.

    2025-12-08

    The Nation

    2025-12-08

  • Beyond Sacking: CNPP, CSOs Demand Arrest of Mele Kyari, Public Probe into NNPCL

    Beyond Sacking: CNPP, CSOs Demand Arrest of Mele Kyari, Public Probe into NNPCL

    Echotitbits.com – Abuja, Nigeria

    In a powerful joint statement, the Conference of Nigeria Political Parties (CNPP) and over 75 Civil Society Organisations (CSOs) under the Coalition of National Civil Society Organisations (CNCSOs) have called on President Bola Ahmed Tinubu to take decisive action beyond the recent dismissal of Mele Kyari as Group Chief Executive Officer of the Nigerian National Petroleum Company Limited (NNPCL). The coalition is demanding Kyari’s immediate arrest and the launch of a transparent judicial inquiry into the affairs of the state-run oil company.

    Speaking at a media briefing in Abuja, CNCSOs National Publicity Secretary, Dr. Agaba Iduh Fidel, described the situation at NNPCL as a “national emergency of historic proportions,” accusing the former leadership of “industrial-scale corruption, reckless mismanagement, and economic sabotage.”

    While acknowledging Tinubu’s decision to relieve Kyari and his team of their duties as “bold and commendable,” the coalition argued that such a move falls woefully short of the accountability Nigerians deserve.

    According to Dr. Iduh, the CNPP and its civil society partners have consistently raised alarms over corruption and opacity in the oil sector, dating back years. He cited a 2021 expose on fraudulent recruitments into the dormant Port Harcourt Refinery, which cost taxpayers billions despite the facility’s inactivity.

    The coalition further accused the NNPCL under Kyari’s watch of ignoring Freedom of Information (FOI) requests between April and May 2025, which sought contract details and expenditures related to over $4 billion allegedly allocated for refinery rehabilitation projects.

    “This silence wasn’t just bureaucratic—it was a deliberate act of evasion,” Dr. Iduh said. “Nigerians deserve full disclosure, not cover-ups.”

    The group referenced the August 2024 fuel contamination crisis and persistent subsidy frauds as examples of how NNPCL’s leadership allegedly enabled fuel import cartels at the expense of local refining and economic stability.

    Most damning, however, is the recent disclosure of ₦210 trillion in unreconciled transactions within NNPCL’s audited accounts spanning 2017 to 2023. The coalition dismissed attempts to downplay the figure as an accounting error.

    “This isn’t a clerical slip—it’s a financial calamity,” the statement read. “Those responsible must be held accountable.”

    They also condemned NNPCL’s current management for snubbing the Senate Public Accounts Committee by prioritizing a management retreat over a formal summons—a move the coalition branded as “insulting to the suffering Nigerian masses.”

    Among other red flags cited were inconsistencies uncovered by NEITI, dubious oil swap deals, and longstanding audit queries from the Auditor-General’s office.

    Despite arrests of former NNPCL officials over the $7.2 billion refinery rehabilitation scandal, the coalition lamented that Mele Kyari has not faced any investigation or legal scrutiny.

    “Is Kyari above the law?” they questioned. “Does he enjoy some kind of immunity that shields him from prosecution?”

    Dr. Iduh also reignited the unresolved 2015 saga involving the alleged illegal sale of 48 million barrels of Bonny Light crude, which reportedly occurred while Kyari was Group General Manager of NNPC’s Crude Oil Marketing Division. He demanded answers on who authorized the transaction, where the proceeds are, and why there’s been no prosecution.

    While praising Tinubu’s resolve to reform the oil sector, the coalition insisted that cosmetic changes are not enough.

    “Mere sacking is insufficient. Nigerians demand a forensic audit, a full public probe, and a total cleansing of the corrupt cabal controlling the oil industry,” Dr. Iduh declared.

    The coalition warned that Tinubu’s “Renewed Hope Agenda” and his vision of a $1 trillion economy by 2030 would remain elusive without urgent and uncompromising reforms in the oil sector.

    A 21-day ultimatum has now been issued to the Federal Government. If unmet, the coalition vowed to embark on nationwide protests, pursue international petitions, initiate lawsuits, and launch a global media campaign to expose the systemic rot in the petroleum sector.

    “This is not a battle against individuals,” Dr. Iduh concluded. “It’s a fight for Nigeria’s economic survival, for the millions of poor citizens suffering daily, and for generations yet unborn. Mr. President, the time to act decisively is now. The nation—and the world—are watching.”

    — Echotitbits.com Newsroom

  • EFCC nabs 33 Internet fraud suspects in Abeokuta

    EFCC nabs 33 Internet fraud suspects in Abeokuta

    Thirty three suspected internet fraudsters have been apprehended in Abeokuta by the Economic and Financial Crimes Commission (EFCC), Ibadan Zonal Office.

    This is contained in a statement signed by the EFCC Spokesperson of the anti-graft agency, Wilson Uwujaren disclosed the arrest of the suspects in a statement made available to newsmen on Thursday in Ibadan.

    The suspects, accused of defrauding unsuspecting individuals through the internet were arrested by the operatives of EFCC on Tuesday at Adigbe, Oloke, Ibara Housing Estate Extension, and Idi Ori areas of Abeokuta, the News Agency of Nigeria (NAN) quoted the agency’s spokesman.

    Uwujaren stated that the arrest, followed actionable intelligence earlier received on the alleged criminal activities of the suspects, which led the operatives to making the arrests at different locations in Abeokuta, the capital of Ogun State.

    According to Uwujaren items recovered from the suspects include: 18 cars, mobile phones, laptops, and several other incriminating documents.

    The suspects are to be arraigned in court after the conclusion of investigations.