News
EFCC Recovers Over N248 Billion and Seizes Assets from Nigerian Fraudsters in Canada
The Economic and Financial Crimes Commission (EFCC) has announced significant recoveries amounting to N248.75 billion, $105.42 million, £53,133, €172,547, and other foreign currencies, including ¥74,859 in Chinese Yuan and CFA 7,821,375 West African Francs, between October 18, 2023, and October 18, 2024.
Chairman Olukoyede highlighted a notable international asset recovery on September 6, when the EFCC returned $180,300 and 53 vehicles to the Royal Canadian Mounted Police (RCMP). These assets, taken from Nigerian fraudsters who targeted Canadian citizens, included $164,000 belonging to a victim named Elena Bogomas and $16,300 to Sandra Butler.
Olukoyede also revealed ongoing high-profile corruption cases, with four former governors—Yahaya Bello, Abdulfatah Ahmed, Willie Obiano, and Darius Ishaku—facing charges.
Former ministers Saleh Mamman and Olu Agunloye are also under prosecution, while former Aviation Minister Hadi Sirika is on trial for alleged fraud involving N5.8 billion and N2.8 billion.
LeBron James, the NBA’s all-time leading scorer and Los Angeles Lakers star, has announced a temporary break from social media.
The 39-year-old made the announcement on X (formerly Twitter) and Instagram after sharing a post by Rich Kleiman, agent to NBA star Kevin Durant, criticizing the media’s focus on negativity.
Kleiman wrote, “With so much hate and negativity in the world today, it confuses me why some of the national sports media still think that the best way to cover sports is through negative takes… I, for one, find it all a waste of breath.” James shared the post, adding a simple comment: “AMEN!!”
In a follow-up post, James confirmed his social media hiatus, writing, “And with that said, I’ll holla at y’all! Getting off social media for the time being. Y’all take care.”
James, known for his strong presence on and off the court, is taking this break amidst ongoing discussions about the role of media in shaping public perceptions of athletes.
Lagos State Governor, Sanwo-Olu presents 3 Trillion Naira as the budget for the proposed Appropriation Bill for 2025 to the house of assembly. The assembly meeting was led by Speaker, Mudashiru Obasa. The budget is themed Budget of Sustainability and will be a blue print for the commitment to Lagosians.
The ceremony was held in the state house, Alausa, Lagos. With this proposed bill the state government is focusing on environment, education, technology, security and public safety.
Former Petroleum Minister Diezani Alison-Madueke has filed a motion to amend her lawsuit challenging the Economic and Financial Crimes Commission’s (EFCC) order for the final forfeiture of her seized assets.
At a Federal High Court hearing in Abuja presided over by Justice Inyang Ekwo, Alison-Madueke’s counsel confirmed filing the amendment motion and serving the EFCC. Notably, no EFCC representatives appeared in court.
The embattled ex-minister also sought an extension of time to contest the EFCC’s public notice regarding the sale of her confiscated properties, claiming she was denied a fair hearing during the forfeiture proceedings.
The EFCC, however, rejected Alison-Madueke’s allegations, maintaining that the forfeiture cases were lawfully adjudicated over time.
Justice Ekwo adjourned the case to February 17, 2025, to consider the motion to amend the originating process.
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