8th March 2016
Abuja — A former Chief of Defence Staff (CDS), Air Chief Marshal Alex Badeh (rtd), monday pleaded not guilty to the 10-count charge filed against him by the Economic and Financial Crimes Commission (EFCC) at the Federal High Court in Abuja. Read More
7th March 2016
ABUJA (Reuters) - Nigeria's former chief of defence staff pleaded not guilty on Monday to charges of alleged fraud, criminal breach of trust and money laundering involving around 3 billion naira ($15.1 million). Read More
3rd March 2016
ABUJA — The Economic and Financial Crimes Commission, EFCC, has filed a 10-count criminal charge against the former Chief of Defence Staff, Air Chief Marshal Alex Badeh, before the Federal High Court sitting in Abuja. Read More
3rd March 2016
That many banks short-change their customers and illegally profit there from is a renowned shame of Nigeria's banking sector. The Central Bank of Nigeria (CBN), therefore, told Nigerians what they had always endured when it said the other day that banks imposed excess, illegal and unauthorised charges on their customers. It is, of course, a regime of cheating that must be stopped. Read More
2nd March 2016
Johannesburg - As British bank Barclays yesterday announced plans to pull out of the African continent in the next three years due to regulatory hurdles, it emerged that it was rocked by legal problems, including being subject to an investigation into suspected money laundering at Absa Bank, its African unit. Read More
2nd March 2016
A search of a company’s offices and a director’s holiday home uncovered how employees from a competitor company used 10 computers to access their former employer’s systems over 3‚000 times over a six-month period‚ exfiltrating critical customer and other high-value data assets‚ says PriceWaterhouseCoopers (PwC). Read More
1st March 2016
The stark reality is that economic crime is at a pandemic level in South Africa and no sector or region is immune from it, Louis Strydom, forensic services leader for PwC Africa, said. Read More
1st March 2016
Barclays said it has identified potential money-laundering activities linked to currency transactions at its South African business, as the British lender plans to sell down its stake in the region’s operations. Read More
1st March 2016
Abuja - The Peoples Democratic Party (PDP) spokesman Olisa Metuh has faulted his trial by the Economic and Financial Crimes Commission (EFCC). Read More
26th February 2016
Abuja—The Federal Government said yesterday that it will muster the needed political will to enforce the Freedom of Information Act and other instruments to help in the fight against corruption in the country. Read More