FBI : EFCC docks man for N22.2m Money laundering

WorldStage Newsonline– The Economic and Financial Crimes Commission, EFCC, Lagos Zonal office has arraigned one Olalegbin Christopher alongside his firms, Pentview Luxury Real Estate Management Limited and Gelbin Technology Limited, before Justice Oluwatoyin Taiwo of the Special Offences Court sitting in Ikeja, Lagos on a two-count charge bordering on money laundering to the tune of N22, 239, 869.79k, an offence contrary to Section 332(1) of the CriminalLaw of Lagos State, 2015.

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Nigeria: States to start repayment of bailout fund this month, as council approves N100b National Livestock Transformation Plan

WorldStage Newsonline– The National Economic Council chaired by the Vice President Yemi Osinbajo rose from its 97th meeting today at the Council Chambers which include a consideration of a National Livestock Transformation Plan 2019 – 2028 which is not targeted on only cows but a holistic strategy to address animal husbandry.

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EFCC arrests 25 LAUTECH students over Internet fraud

WorldStage Newsonline– Operatives of the Advance Fee Fraud Unit of the Economic and Financial Crimes Commission (EFCC) Abuja Headquarters, have arrested 25 students of the Ladoke Akintola University of Technology, LAUTECH, Ogbomosho, Oyo State, for their involvement in various forms of cybercrime including romance scam, love scam, possession of forged documents, and obtaining money by false pretence.

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Nigeria: Court convicts two P&ID Directors for fraud, wind up company, assets forfeited to FG

WorldStage Newsonline– The Economic and Financial Crimes Commission (EFCC) has secured the conviction of commercial director of Process and Industrial Developments Limited, (P&ID), Mohammed Kuchazi and the company’s director of process, Adamu Usman before Justice I. E. Ekwo of Federal High Court, sitting in Maitama, Abuja.

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