The controversy over lawyers receiving professional fees in foreign currency has taken a significant turn, with the EFCC distancing itself from suggestions that such payments automatically amount to criminal conduct.…
The President of the Nigerian Bar Association, Mrs. Oyinkansola Badejo-Okusanya, SAN, FCIArb(UK), has met with EFCC Chairman Ola Olukoyede over concerns surrounding the payment of legal professional fees in foreign…
The EFCC has returned ₦140 million to an investment and money-lending company following an investigation into allegations surrounding a ₦500 million loan and shares pledged as collateral.
A fresh regulatory warning has placed the billing practices of Nigerian lawyers under scrutiny after the EFCC told practitioners that demanding professional fees in foreign currencies could attract prosecution. The…
A Lagos High Court has sentenced five defendants to seven years each after a long-running fraud prosecution involving Chi Limited.
The EFCC has arraigned Ali Bala and Yusuf Umar Anka before a Lagos State High Court over alleged money laundering, stealing and retention of stolen property involving £110,000 and ₦500…
EFCC Chairman Ola Olukoyede has ordered the withdrawal of cybercrime charges against Maryam Isah Shehu and Abubakar Shuraim Abdulhamad following appeals for leniency.
The EFCC has ordered the withdrawal of cybercrime charges against Maryam Isah Shehu and Abubakar Shuraim Abdulhamad following public appeals and an apology from Shehu’s father.
The Abuja Zonal Directorate of the Economic and Financial Crimes Commission has arraigned three men and two companies before the Federal Capital Territory High Court in Maitama over an alleged…
The Economic and Financial Crimes Commission (EFCC) has confirmed that former Anambra State Governor Willie Obiano has been granted bail but remains in custody pending the fulfilment of his bail…
