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Nigerian National Sentenced for Orchestrating Online Romance Scam

By Henry Pope, OCCRP, 13 September 2021 OCCRP — A Nigerian national living in Oklahoma was sentenced on Friday for operating a money laundering network that defrauded its victims, including several elderly Americans, of at least US$2.5 million. Afeez Adebara, 36, orchestrated a Nigerian-based romance scam… Read More

Nigeria’s Buhari ignores governors’ call for audit, approves payment of $418 million suspicious judgement debt

President Muhammadu Buhari has approved the payment of a controversial $418 million in Paris Club refund-related judgment debts to six creditors, ignoring the Nigerian governors’ objection to the legitimacy of the claims. PREMIUM TIMES on Tuesday exclusively obtained a finance ministry’s correspondence asking the Debt Management Office (DMO) to commence… Read More

‘Easy money’: How international scam artists pulled off an epic theft of Covid benefits

In June, the FBI got a warrant to hunt through the Google accounts of Abedemi Rufai, a Nigerian state government official. What they found, they said in a sworn affidavit, was all the ingredients for a “massive” cyberfraud on U.S. government benefits: stolen bank, credit card and tax information… Read More
12th August 2021
Posh UK properties not fully declared and alleged misappropriation of N32.5 billion funds belonging to Bayelsa State got its former governor, Seriake Dickson into trouble with the Economic and Financial Crimes Commission (EFCC), SaharaReporters learnt on Wednesday. The former governor, who currently represents Bayelsa West as a senator in the… Read More
1st August 2021
Italian prosecutors and the Nigerian government have appealed the acquittal of Eni and Shell, as well as a series of past and present managers, in a Nigerian corruption case, according to a document seen by Reuters. In March, a Milan court acquitted the two companies and defendants in the oil industry’s… Read More
30th July 2021
Nigerian influencer Ramon Abbas – also known as Hushpuppi – has pleaded guilty to money laundering in a US court. Hushpuppi, 37, is known for posting photos of his lavish lifestyle on Instagram, where he has 2.5m followers. Court documents filed in California said Hushpuppi’s crimes cost victims almost $24m… Read More
29th July 2021
A former Glencore Plc trader who said he was part of a bribery scheme to win oil contracts from Nigeria transferred $300,000 of company funds in 2014 to an intermediary who’d requested the cash to benefit a senior government official in the nation’s elections, U.S. court filings show. Anthony… Read More
28th July 2021
Nigeria plans to launch its own crypto currency, called the “e-naira”, in October, its central bank governor said on Tuesday. Nigeria barred its banks and financial institutions from dealing in or facilitating transactions in cryptocurrencies in February. By Chijioke Ohuocha, Reuters, 27 July 2021 Read more at… Read More
27th July 2021
A former U.K.-based trader for Glencore Plc (GLEN.L) pleaded guilty on Monday over what U.S. prosecutors called his role in a scheme to bribe officials in Nigeria in exchange for favorable contracts from that country’s state-owned oil company. Anthony Stimler admitted to conspiring to both violate the Foreign Corrupt… Read More
23rd June 2021
The trial of Victor Uadiale and Capt. Everest Nnaji before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos for an alleged $5 million (about N2 billion) fraud continued on Monday. The Economic and Financial Crimes Commission (EFCC) presented more evidence against the accused persons –a businessman… Read More
21st June 2021
The chairman of the Economic and Financial Crimes Commission (EFCC), Abdulrasheed Bawa, has said the commission would be going all out to investigate money laundering in the real estate sector. The investigation, according to Mr Bawa, will involve parts of Abuja, Lagos State and Port Harcourt,… Read More
9th June 2021
By Lindita Çela and Ushinor Majumdar, OCCRP, 8 June 2021 OCCRP — On a mild afternoon in March 2019, one of India’s most ostentatiously wealthy families prepared to board their private jet at Albania’s Tirana International Airport. The Sandesaras had been on the run since 2017, when… Read More
1st June 2021
Fear has gripped bank owners and workers nationwide as the demand by the Economic and Financial Crimes Commission for their asset declaration forms takes effect from June 1, 2021. Vanguard recalls that the anti-graft agency had served the warning on the banks on March 16 this year, insisting that from… Read More