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Nigeria’s Economic and Financial Crimes Commission (EFCC) Investigates Bank Executives and Former Minister

The EFCC has announced investigations into several bank executives for various financial crimes, including money laundering. According to Wilson Uwajaren, Director of Public Affairs, about five bank executives are currently serving jail terms, and more are under investigation. Uwajaren emphasized that bank executives are not immune to prosecution.

Investigations and Prosecutions

  • Former Minister of Humanitarian Affairs, Betta Edu: The EFCC has submitted a preliminary report to President Bola Tinubu.
  • Controversial crossdresser Idris Okuneye (Bobrisky): Faces potential fresh charges for allegedly bribing EFCC officers with N15m.
  • Four former governors: Yahaya Adoza Bello (Kogi), Abdulfatah Ahmed (Kwara), Willie Obiano (Anambra), and Darius Dickson Ishaku (Taraba) are being prosecuted for alleged corruption.
  • Two former ministers of power: Saleh Mamman and Olu Agunloye are facing prosecution.
  • Former minister of aviation: Hadi Sirika is also under prosecution.

EFCC Achievements Under Ola Olukoyede

Convicted over 35 individuals for Naira abuse, including high-profile figures like Bobrisky and Nollywood actress Oluwadarasimi Omoseyin

Recovered ₦248bn

Secured 3455 convictions across all categories of financial crimes and corruption

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