Tag: Money Laundering charges

Presidential Panel Resumes Magu’s Interrogation

The suspended acting Chairman of the Economic and Financial Crimes Commision (EFCC), Mr. Ibrahim Magu, wednesday returned to the Justice Ayo Salami-led presidential panel probing the alleged financial infractions under…

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US Court Denies Huspuppi Bail

Alleged international fraudster, Ramon Abbas aka Ray Hushpuppi, was on Monday denied bail by a court in the Northern District of Illinois. The self-acclaimed ‘Billionaire Gucci Master’, who has over…

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Witness: How I delivered $70m to banker on Diezani’s instructions

A former group general manager at the Nigerian National Petroleum Corporation, Rotimi Oyedepo, narrated to the Federal High Court in Lagos on Thursday how he delivered 12 padlocked bags containing…

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Ex-NNPC boss, Yakubu: Seized $9.77m, £74,000 meant for business –

A former Group Managing Director of the Nigerian National Petroleum Corporation, Mr. Andrew Yakubu, opened his defence on his ongoing trial at the Federal High Court in Abuja on Wednesday.…

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THE RISE AND FALL OF OBI, HUSHPUPPI

Obinwanne Okeke, the CEO of Invictus Group and Forbes – rated young Nigerian entrepreneur, has recently pleaded guilty to computer and wire fraud allegation in an American court. Okeke prominently…

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For Allegedly misappropriating over N48 billion, EFCC Seal Property Belonging To Former Abia Governor

Following a Petition by a group,Fight Corruption: Save Nigeria Group, some property suspected to be from proceeds of fraud have been traced to former Abia governor, Sen. Theodore Orji, the…

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