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EFCC intensifies war against fraudsters

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The Ibadan zonal office of the Economic and Financial Crimes Commission (EFCC) yesterday said it recovered N116,945,981 and 65 vehicles from various operations in the last six years. Other foreign currencies it also recovered within the period include US$39,125; £50 and 1,800 Euros.

The commission spoke through the Head of its Ibadan Zonal office, Mr. Friday Ebelo when he addressed reporters at the Iyaganku, Ibadan zonal office to update the public on the successes achieved by the anti-graft agency within the period.

Explaining how the recoveries were made, Ebelo said the money was partly forfeited to the Federal Government and partly to individuals who were defrauded.
He said: “This briefing is essentially organized to share with you the successes of the commission’s Ibadan zonal office in the last six months.

“With the unwavering support of our Acting Chairman and other stakeholders, the zone has recovered remarkable successes in the period under review.
“This year, the zone received 481 petitions out of which 117 were rejected. About 364 were approved for investigations and we were able to secure 83 convictions out of the 107 cases filed at different courts within the zone. That represents 83 percent of the total number of cases filed.

“From January to June 21, an aggregate sum of N116,945,981.68 was recovered. Others, which are foreign currencies, include $39,125, £1,800 and £50. Also recovered are 65 vehicles – 54 registered and 11 unregistered.”

Decrying the increase in the number of suspects brought to the commission’s office, Ebelo urged parents to monitor their children and wards.

He noted that those in higher institutions, especially, engaged in cybercrimes at an alarming rate.

“I want to say that in the last six months, going by the crime indices done by the commission, most of the suspects brought in are young Nigerians with potentials to be great in life.

“It is not enough to send kids to school; parents should pay unscheduled visits to their schools, especially higher institutions of learnings, and see what the children are doing. That will help to nip in the bud any criminal tendency they might be showing or engaging in.

“Also, we must be wary of using or giving our bank accounts to people around to use to receive funds. Many innocent people are falling victims and it is increasingly becoming difficult to prove, especially when they are the ones who also help them withdraw cash which could have been proceeds of crimes. Parents must monitor their wards and ensure that they do not keep bad company.”

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Politics

Lai Mohammed to appear in court in fraud case

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The immediate past Minister of Information and Culture, Lai Mohammed, has been scheduled to appear before a Federal High Court, Abuja, to explain his role in the alleged misapplication of N2.5 billion Federal Government Digital Switch-Over (DSO) program.

The planned appearance of Mohammed was revealed by the Independent Corrupt Practice and Other Related Offences Commission (ICPC), who is prosecuting the Director General of the National Broadcasting Commission (NBC), Ishaq Modibbo Kawu, over alleged abuse of office and money laundering.

ICPC had filed a 12-count charge before Justice Folashade Ogunbanjo-Giwa, against Kawu, Lucky Omoluwa and Dipo Onifade and other, saying that the NBC director general misled the former Minister into approving government funds to a private company.

“The former minister’s involvement had come under questioning following the discovery by ICPC during investigations, that a government White Paper that governs the execution of the DSO program was allegedly flouted by the head of NBC”, ICPC states in a statement Wednesday.

“Mohammed had however admitted in a statement to the Commission that he was misled by Kawu, as opined in court by a witness from ICPC, Osanato Olugbemi.”

Olugbemi, led in evidence by counsel to ICPC, Henry Emore, also told the court that the payment of N2.5 billion from NBC to Pinnacle Communications Limited, as seed grant was suspicious because ICPC found out through its investigations that only government-owned company was approved to benefit from the grant according to the White Paper.

The court also heard that the processes that led to the final payment of the fund to the private company were shrouded in secrecy as revealed by the minute from an NBC emergency board management meeting where issues of carriage fees owed Pinnacle and not seed grant was discussed.

He told the court that 47 suspicious transactions were originated by the Chairman of Pinnacle Communications, Omoluwa, immediately after the receipt of the funds on June 2, 2017.

The transactions include payments of N363 million to one Idowu Olatunde, N274.4 million to one James Segun and N127 million to Dipo Onifade, the Chief Operating Officer of the company.

He informed the court that Omoluwa refused to explain the reasons for the payments to Olatunde and James when asked by ICPC, but Onifade explained that he received the N127 million as legal fees he rendered to Pinnacle Communications Limited.

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Politics

EFCC investigating Okorocha

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The Economic and Financial Crimes Commission (EFCC) has confirmed that it is investigating the Imo State Governor, Rochas Okorocha. The anti-graft commission has also explained that it froze N5 billion funds belonging to the state government because Okorocha was spending too much money in a suspicious manner during the general election.


The Acting Chairman of the anti-graft agency, Mr. Ibrahim Magu confirmed the investigation of the governor by the EFCC in an interview with Channels Television. Asked if an investigation is ongoing regarding the governor, he responded, “definitely”.
“Of course, we are doing a couple of checks and investigations here and there. We are investigating almost everybody,” he said.
He said the commission has to get to a certain level before it can disclose any information about an ongoing investigation.

Magu explained that this was necessary to prevent any action that can jeopardize or interfere with the process of the inquiry.
He said though he was aware of reports of the investigation on the social media, the details the anti-graft agency has is different from what is in the public space.

The anti-graft czar granted the interview in the United Kingdom where he traveled to meet with investigators assisting the federal government in solving cases of money laundering and financial crimes.
Meanwhile, the anti-graft commission has also explained that it froze N5 billion funds belonging to the state government because Okorocha was spending too much money in a suspicious manner during the general election.

The EFCC further stated that N8 billion Paris Club loan refunded to the state for the payment of salaries was mismanaged by Okorocha.
The EFCC’s Zonal Head for South-east, Usman Imam, said this during a chat with journalists.
Imam said their timely intervention saved the state over N5 billion that would have been deployed in vote-buying by the Okorocha’s administration during the last elections.

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EFCC

Naira Marley remanded in EFCC custody

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A Lagos Federal High Court yesterday remanded popular musician Azeez Fashola aka Naira Marley in prison following his arraignment for alleged credit card fraud. The Economic and Financial Crimes Commission (EFCC) preferred an 11-count charge against him.

He pleaded not guilty before Justice Nicolas Oweibo, who adjourned hearing in his bail application till May 30.

Justice Oweibo said he would be in custody until his bail application is determined.
The offence, according to Section 33 (2) of the Cyber Crimes (Prohibition, Prevention, etc) Act, 2015, carries seven years imprisonment.

Some of the credit cards, EFCC claimed, bore the names of Nicole Louise Malyon and Timea Fedorne Tatar.
The charge reads in part: “That you Azeez Adeshina Fashola aka Naira Marley, and Raze (still at large), on or about the 11th day of December 2018, within the jurisdiction of this honourable court, conspired to use Access card 42658840359191132 issued to persons other than you in a bid to obtain gain and you thereby committed an offence contrary to Section 27(1)(b) of the Cyber Crimes (Prohibition, Prevention etc) Act 2015 and punishable under Section 33(2) of the same Act.

“That you, Azeez Adeshina Fashola, aka Naira Marley, and Raze (still at large), on or about the 10th day of May 2019, within the jurisdiction of this honourable court, with intent to defraud possessed counterfeit card 4921819410257431 issued to Timea Fedorne Tatar and you thereby committed an offence contrary to and punishable under Section 33(9) of Cyber Crimes (Prohibition, Prevention etc) Act 2015.”

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EFCC

Fraud: 9 FIRS senior official detained by EFCC

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Nine senior officials of the Federal Inland Revenue Service (FIRS) are currently in detention over alleged multi-billion naira fraud.

The officials, who are being detained by the anti-graft agency (EFCC) in Abuja, include the Director of Finance and Accounts (DFA) of the FIRS, Mohammed Auta.

Apart from Auta, another director of the agency, Peter Hena, is also alleged to be involved in the scandal.

Hena, the Coordinating Director, Support Services Group of the FIRS, is currently out of Nigeria and will be arrested as soon as he returns to the country, EFCC sources told this newspaper.

A top official of the FIRS, however, said Hena is on official medical leave outside the country and did not flee.

Hena is believed to be one of the closest officials to the FIRS chairman, Babatunde Fowler.

It is still unclear to EFCC officials, whether or not Fowler is involved in the scandal.

Details of the scandal are still sketchy as at the time of this report. However, Auta and Hena are being investigated for allegedly diverting about N6 billion tax funds that should have gone to the Nigerian government, anti-corruption officials said.

Our reporter learnt that most of the other affected officials are from the finance and account department of the FIRS.

All the officials have been in the EFCC detention since April 1.

It was learnt the EFCC is closing in on several other senior officials of the revenue collection service in a widening investigation to uncover other fraudulent activities involving several billions of government tax revenues.

When contacted on the detention, the EFCC spokesperson, Orilade Tony, promised to get back with more information. He was yet to do so at the time of this report.

The FIRS is saddled with collecting taxes and revenues of the federal government.

The agency under Mr Fowler has seen its revenue generation improve, setting new records. The agency said it collected about N5.32 trillion as revenue in 2018, the highest in Nigeria’s history.

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