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Court Grants EFCC Approval To Freeze N30.7m Linked To Alleged NNPC Fraud

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The Federal High Court sitting in Abuja has granted an application filed by the Economic and Financial Crimes Commission (EFCC) to temporarily forfeit the sum of N30.7 million linked to the alleged fraud perpetrated in the Nigerian National Petroleum Corporation (NNPC) to the Federal Government.

Justice Emeka Nwite, in a ruling on the ex-parte motion moved by EFCC’s counsel, Emenike Mgbemele, on Monday, held that the application was meritorious and accordingly granted.

The judge ordered that the interim order of forfeiture be published in a national daily for interested persons to show cause within 14 days why the funds should not be permanently forfeited to the Federal Government, and adjourned the matter till January 22 for report of compliance.

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The name was changed to Nigerian National Petroleum Company Limited (NNPCL) on July 19, 2022, to reflect a commercially focused energy company under the late President Muhammadu Buhari, as enshrined in the provisions of the Petroleum Industry Act (PIA) 2021.

The EFCC had, in the suit marked: FHC/ABJ/CS/2775/2025, sought an interim order of the court forfeiting to the Federal Government of Nigeria the sum of N30, 700, 000.00 as raised in the manager’s cheques listed in the schedule, which it said are reasonably suspected to be proceeds of unlawful activities.

READ ALSO:Court Orders Release Of 27 Houses Seized By EFCC

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Given three grounds, the lawyer argued that the court had the statutory powers under the provisions of Section 17 of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006, to grant the reliefs being sought.

According to him, the funds sought to be attached and forfeited are reasonably suspected to be proceeds of unlawful activities.

In the schedule, the lawyer prayed that the funds lodged in four instalments of N10 million each and N700, 000 in EFCC’s Recovery Account with United Bank for Africa (UBA)’s account number: 9058700029 with manager’s cheque name: M/C Draft Outstanding Account, be forfeited to the Federal Government.

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An EFCC investigator, Bilkisu Abubakar, in the affidavit deposed to in support of the motion ex-parte, said she was assigned to investigate fraudulent activities of some high-profile officials of the NNPC as well as other criminal petitions brought to the commission.

According to the officer, “upon receipt of the intelligence report, my team carried out several investigation activities, which include but are not limited to making inquiries and receiving financial records from commercial banks that featured in the intelligence”.

READ ALSO:EFCC Releases Malami After Interrogation, Gives Fresh Appointment For More Questioning

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Abubakar said it also included writing and receiving responses from the various agencies, like the Corporate Affairs Commission, inviting and interviewing individuals who featured in the investigation.

That I know as a fact and verily believe the findings of the investigation, which are as follows:

“That in the course of investigation and analysing some of the documents received from the bank, the name of Mr Adamu Yakubu, a Bureau De Change (BDC) operator, featured prominently.”

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She said on September 2, 2025, Mr Yakubu, whose name featured in the course of the investigation, was invited and he volunteered his statement.

That Mr Yakubu submitted a ledger to the commission evidencing records of his transactions wherein the details of customers and the amount of dollars sold by them are recorded.

READ ALSO:JUST IN: EFCC Summons Ex-AGF Malami For Questioning

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That upon analysing the entries in the ledger submitted by Mr Yakubu, it was revealed that over N4, 000, 000, 000.00 was transferred to the accounts of different individuals and companies on the instruction of one Mr Ibrahim Sani, a staff of Federal Inland Revenue Services (FIRS).”

The investigator said it was discovered that the balance of N30.7 million sought to be forfeited was still in possession of Yakubu from the funds which he claimed were given to him by Mr Ibrahim Sani.

That on the 15th day of September 2025, Mr Ibrahim Sani, a staff of FIRS, whose name appeared on the ledger and who Mr Yakubu claimed owned the N30, 700, OOO was invited, and he volunteered his statement.”

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Abubakar averred that Ibrahim gave a statement on how he had been using Yakubu, the BDC operator, to send money to different individuals and companies.

That Mr Ibrahim equally confirmed how he usually deposits huge amounts of money (Dollars) with Mr Yakubu, who in turn sends its naira equivalent to individuals’ and companies’ accounts provided by him.

READ ALSO:Court Dismisses Ex-Binance Chief’s Claims Of Unlawful Detention Against EFCC

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That Mr Ibrahim neither ascertained nor verified the source of these monies which he has been depositing with Mr Yakubu for onward transfer to other people who are reasonably suspected to be proceeds of unlawful activities.”

The investigator said Ibrahim, however, denied ownership of the N30.7 million found in Yakubu’s account as at the time of making his statement.

In his statement, Ibrahim was said to have stated that Yakubu was not holding any of his money as at Sept. 15, 2025.

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The EFCC operative said both Yakubu and Ibrahim denied ownership of the said N30.7 million found in the account of the former (Yakubu).

READ ALSO:EFCC Probes Travellers Over Undeclared $6m, £53,000 At Lagos Airport

That Mr Yakubu has raised four different managers’ cheques in the name of the EFCC Recovery Account in favour of the Federal Government of Nigeria.

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“Copies of the managers’ cheques are attached and marked as Exhibits EFCC 4A, 4B, 4C and 4D respectively.

“That I know as a fact and verily believe that the source of the funds sought to be forfeited in the account of Mr Yakubu is proceeds of unlawful activities.”

Abubakar said the court had the discretionary power to grant the application in the interest of justice.

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The officer, who said the order being sought was in interim and that nobody would be prejudiced by its grant, said it was in the interest of justice to grant the application.

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Popular Supermarket Lost Millions To Inferno In Edo

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A popular supermarket on Sunday afternoon was gutted by fire in the Ikpoba Hill area of Benin City, Edo State capital.

The shopping mall popularly known as Anambra Supermarket reportedly lost millions of naira to the inferno.

The fire incident, which started on the first floor of the two-storey building, was believed to have been caused by faulty solar panels installed on the roof of the structure.

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READ ALSO: Gunman Killed After Opening Fire Near White House

A viral video circulating on social media and sighted by our correspondent shows a crowd gathered along the busy Benin–Auchi Road attempting to put out the raging inferno as they await the arrival of fire service personnel from the Edo State Fire Service and the Federal Fire Service.

An eyewitness, Mr. Chukwuemeka Adimorah, who identified himself as a friend of the supermarket owner, said he contacted the owner’s wife after learning about the incident. He added the he was informed that the fire service had already been alerted.

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When I was coming from church, I found out that the supermarket was on fire. I called the wife of the owner, but she told me she was aware and had informed the fire service. I want to thank the fire service personnel; they have done a good job today.”

READ ALSO: Police Arrest Medical Doctor Over Alleged Possession Of Firearm In Edo

Another eyewitness, Lucky Bright, said he was also returning from church when he noticed the fire. He commended the fire service for its prompt response, which he said prevented the supermarket from being completely destroyed.

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Also speaking, Blessing Aidengbe attributed the fire outbreak to a possible fault in one of the solar panels installed on the roof of the building.

“I suspect that there is a faulty panel among those panels on the roof of the building because whenever there is a fault, it can result in a fire outbreak,” he said.

As at when filing this report, cause of the fir could not be ascertained just as efforts to reach the Managing Director of the Edo State Fire Service for comments were unsuccessful.

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Woman In Police Net Over False Alarm In Edo

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The Edo State Police Command has arrested one Uzebor Emmanuella popularly known as Aza Woman for making false and misleading reports.

A statement by the command’s Public Relations Officer, Eno Ikoedem, the suspect allegedly made a video on the social media raising alarm that some students of Green Park Academy, Aduwawa and Western Boys’ College, Ikpoba Hill, have been kidnapped.

According to the police spokesperson, preliminary investigations showed that the suspect knowingly disseminated false claims in various social media posts alleging that about six persons were kidnapped through various Mini transport Buses.

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READ ALSO: Edo Unveils Simplified Disability Rights Law

She said the suspect alleged that some of the kidnapped students escaped from their abductors, while others paid ransom.

Ikoedem in the statement said these publications generated widespread apprehension, heightened public anxiety, and could undermine public confidence in the security architecture of Edo State.

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“The Edo State Police Command reiterates that the deliberate spread of false information, particularly on matters relating to public safety and security, is a serious offence with far-reaching consequences.

READ ALSO: Edo Police Neutralise Suspected Kidnapper, Recover Arms, Ammunition

“Such actions are capable of inciting panic, disrupting public order, and diverting security resources from genuine emergencies. The security of a state should never be jeopardized for views, engagement, online relevance, or any other form of social media gratification.

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“The suspect will be charged to court upon the conclusion of investigations.”

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Security Forces Foil Terror Attack In Kogi Community, Bandits Suffer Casualties

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The Kogi State Government has announced that a joint security operation involving the Nigerian Military, the Nigeria Police Force, the Kogi State Vigilante Service, and local hunters successfully thwarted a suspected terrorist attack in Ikoyi, Ijumu Local Government Area, averting what authorities described as a major security threat.

The incident occurred at about 7:00 p.m. on Saturday when heavily armed bandits reportedly invaded a gathering in the community with the intention of abducting residents and causing widespread panic.

According to the government, security operatives responded swiftly to distress calls, arriving within minutes and engaging the attackers in a fierce gun battle. The rapid intervention disrupted the criminals’ operation and forced them to flee into nearby forests.

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The Commissioner for Information and Communications, Kingsley Femi Fanwo, disclosed the development in a statement issued on Sunday, praising the coordinated efforts of the security agencies and local hunters.

READ ALSO: JUST IN: FG Enforces No-work-no-pay On Striking ASUU Members

He said the professionalism, courage, and synergy displayed by the security personnel prevented what could have resulted in a serious security crisis in the community.

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Fanwo revealed that intelligence reports indicate that several of the attackers sustained gunshot wounds during the exchange of fire before escaping. He added that security agencies have launched a manhunt to track down and apprehend the fleeing suspects.

The Commissioner, however, confirmed that one member of the Tiv community was killed in the crossfire, while another sustained gunshot injuries and is currently receiving medical attention.

The state government urged residents to support ongoing security operations by promptly reporting anyone with suspicious gunshot wounds or anyone seeking treatment for firearm-related injuries.

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READ ALSO: Lagos Task Force Arrests 115 Street Beggars, Arraigns 26 Omotaku Members

Fanwo noted that the incident underscored the effectiveness of Kogi State’s community-based security framework, emphasising that the collaboration between conventional security agencies, local vigilantes, and hunters played a critical role in neutralising the threat.

He also highlighted the growing impact of the Kogi State Vigilante Service since its integration into the mainstream civil service by the administration of Governor Ahmed Usman Ododo, stating that the move has strengthened intelligence-gathering and rapid-response capabilities across the state.

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The Commissioner further acknowledged the contributions of local hunters, describing them as vital partners in grassroots security operations and an important component of the state’s first line of defence against criminal elements.

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While commending the security personnel involved in the operation for their bravery and sacrifice, the government reaffirmed its commitment to supporting security agencies in maintaining peace and security across Kogi State.

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Residents were advised to remain vigilant, cooperate with security agencies, and comply with security directives, particularly regarding unauthorised gatherings and activities in vulnerable locations and during odd hours.

The government assured citizens that Governor Ahmed Ododo’s administration remains committed to safeguarding lives and property and will continue to deploy all necessary resources to ensure that criminal elements have no safe haven in Kogi State.

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