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Tag Archives: Economic and Financial Crimes Commission (EFCC)

Buhari orders EFCC to release recovered N10bn to NBC

President Muhammadu Buhari has directed the Economic and Financial Crimes Commission (EFCC) to release the N10 billion recovered loot to the National Broadcasting Commission (NBC). NBC Director General, Mr. Modibbo Kawu revealed this Thursday while briefing Journalists in Abuja on the forthcoming International Conference for African Broadcasters (AFRICAST). The fund …

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Nigerian ex-Minister charged over $17.4m money laundering

Femi Fani-Kayode, a former Aviation minister in Nigeria has been hauled before a Lagos Federal High Court for allegedly laundering some N49 million (over ($17 million). Fani-Kayode, who has been under detention by the country’s anti-graft body, the Economic and Financial Crimes Commission (EFCC) since his arrest in May this …

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