The Securities and Exchange Commission (SEC) has warned the public against dealings with FinAfrica Investment Ltd and Poyoyo Investment. The commission said the two companies are not registered to operate in the Nigerian capital market, particularly labelling Poyoyo Investment as…
The Federal Government has arraigned the Chairman and Managing Director of Famzhi Interbiz Limited, Mariam Suleiman, over allegations bordering on fraud to the tune of over N2billion. Suleiman was arraigned before Justice Inyang Ekwo alongside her company on a two-count…
The Economic and Financial Crimes Commission, EFCC on Monday, 27th September, 2021 secured the conviction of one Kehinde Aliyu Odeniyi before Justice Kabir Dabo of the Kaduna State High Court sitting in Zaria on a two count charge bordering on criminal…
A business woman, Maryam Ismail, charged with N500,000 fraud, was on Friday admitted to bail by a Sharia Court sitting in Magajin Gari, Kaduna State. The defendant, whose address was not provided, pleaded not guilty to the two-count offences of…
Author: Waheed Aremu Publisher: Waheed Aremu Reviewer: Goke Ilesanmi It is a truism that many accounting frauds have shaken the confidence of investors in the reliability of financial reports in the last few years. The large number…
The Ilorin Zonal office of the Economic and Financial Crimes Commission has secured the conviction of three persons arrested by the anti-graft agency in Ado Ekiti for offences bordering on cybercrime and prosecuted before Justice Mohammed Sanni of the Federal…
Abimbola Abatta, Osogbo A 35-year-old petrol attendant, Elijah Chinonso has been arraigned before an Ile-Ife Magistrates’ Court for alleged fraud. The accused person committed the offence in June 2021, at Metro Filling Station, Ede Road in Ile-Ife. The prosecutor, Inspector…
The Lagos Zonal Office of the Economic and Financial Crimes Commission, EFCC, has arrested three bankers for an alleged case of conspiracy, stealing, forgery and obtaining money by false pretence. The suspects, Kagha Emmanuel Uchenna, Okoro Chinasom Davidson and Egbogu Emmanuel…
An FCT High Court in Jabi on Thursday adjourned until Oct. 6 and Oct. 7 the trial of former Secretary to the Government of the Federation (SGF), Babachir Lawal. Babachir is charged with 10 counts bordering on fraud, criminal conspiracy…
A 58-year-old Estate agent, Ahmed Abdullahi, on Wednesday appeared before an Igbosere Magistrates’ Court, Tinubu, Lagos, for allegedly defauding Instant Housing and Rental Apartment company of N15 million. Abdullahi, whose address was not provided, is facing a three-count charge of…
