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EFCC

EFCC Arraigns Oil Magnate, Musa Abubakar, Two Others for Alleged ₦691m Fraud

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The Economic and Financial Crimes Commission (EFCC), on Wednesday, June 3, 2026, arraigned the Managing Director of Abu-Haneefa Oil and Gas Ltd, Musa Farouk Abubakar; his company, Abu-Haneefa Oil and Gas Ltd; and one Sandra Chizoba Attoh before Justice Obiora Egwuatu of the Federal High Court, Maitama, Abuja, over an alleged fraud.

They were arraigned on an amended 15-count charge bordering on conspiracy, fraud, corruption, and money laundering to the tune of ₦691,677,310.00 (Six Hundred and Ninety-One Million, Six Hundred and Seventy-Seven Thousand, Three Hundred and Ten Naira).

Count 10 of the charge reads: “That you, Musa Farouk Abubakar, being the Managing Director of Abu-Haneefa Oil and Gas Ltd, on or about July 21, 2025, in Abuja, within the jurisdiction of this Honourable Court, transferred the total sum of ₦297,000,000.00 (Two Hundred and Ninety-Seven Million Naira) from Abu-Haneefa Oil and Gas Ltd account No. 1313378899 with Zenith Bank Plc to account No. 0108910277 belonging to Sandra Chizoba Attoh with Access Bank Nigeria Plc, when you reasonably ought to have known that the said money formed part of the proceeds of an unlawful act, to wit: corruption, and thereby committed an offence contrary to Section 18(2)(b) of the Money Laundering (Prevention and Prohibition) Act, 2022 and punishable under Section 18(3) of the same Act.”

Count 11 reads: “That you, Musa Farouk Abubakar, sometime in July 2025, in Abuja, within the jurisdiction of this Honourable Court, procured one Sandra Chizoba Attoh to transfer the sum of ₦262,866,310.00 (Two Hundred and Sixty-Two Million, Eight Hundred and Sixty-Six Thousand, Three Hundred and Ten Naira) from her account No. 0108910277 with Access Bank Nigeria Plc to account No. 0003457246 of Mshell Homes Ltd with Taj Bank Ltd for the purchase of property at Kapital Villa, Guzape, Abuja, when you reasonably ought to have known that the said money formed part of the proceeds of an unlawful act, to wit: corruption, and thereby committed an offence contrary to Section 21(c) of the Money Laundering (Prevention and Prohibition) Act, 2022 and punishable under Section 18(3) of the same Act.”

The defendants pleaded “not guilty,” prompting prosecution counsel, Rita Ogar, to ask the court for a trial date and for the defendants to be remanded in a Correctional Centre.

Counsel to the first and second defendants, Ishaka M. Dikko, informed the court that he had filed a bail application for the first defendant on May 19, 2026, and requested that he be remanded in EFCC custody.

“We were served with the counter-affidavit on June 1, 2026, but we apply that the defendant be remanded in the custody of the prosecution,” he said.

Counsel to the third defendant, Y.G. Haruna, SAN, also informed the court that he filed an application for his client’s bail on June 1, 2026, and received the prosecution’s counter-affidavit on June 2, 2026.

In opposing the bail applications, prosecution counsel stated that her team had “overwhelming evidence” in the case and informed the court that the prosecution had filed counter-affidavits to the bail applications through Hayatu Bello.

“It is a 20-paragraph affidavit. We attached two exhibits, Exhibit EFCC 1 and Exhibit EFCC 2. We have filed a written address and rely on all the issues raised, and respectfully urge the court to refuse the applications,” he said.

After listening to both sides, Justice Egwuatu ordered that the first defendant be remanded in Kuje Correctional Centre pending his counsel’s response to the prosecution’s counter-affidavit. The judge, however, admitted the third defendant to bail in the sum of ₦200 million with two sureties in like sum.

The court held that the sureties must be residents of Abuja, deposit their passport photographs, and provide acceptable means of identification. In addition, they must be property owners, while one of them must be a civil servant not below Grade Level 15 and deposit his letter of appointment and last promotion letter with the court.

The matter was adjourned till September 1 and 2, 2026, for trial.

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EFCC

Alleged $1.3m, N746.7m Fraud: Court Dismisses Sadiya Farouq’s Application to Set Aside Warrant of Arrest

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Justice Jude Onwuegbuzie of the Federal Capital Territory High Court, sitting in Apo, Abuja, on Monday, June 15, 2026, dismissed an application filed by counsel to a former Minister of Humanitarian Affairs, Sadiya Umar Farouq, seeking to set aside the bench warrant and warrant of arrest issued against her.

Farouq, alongside two others — Bashir Nura Alkali and Sani Nafiu Mohammed — is to face prosecution by the Economic and Financial Crimes Commission (EFCC) over alleged criminal conspiracy, abuse of office, and diversion of public funds amounting to $1.3 million and N746.7 million.

Delivering his ruling on Monday, the judge held that the defendant had willfully failed to appear in court without a valid reason, maintaining that the law empowers the court to issue a bench warrant once it is established that a defendant is absent without justification.

“The defendant, who is fully aware that this is a criminal proceeding, has willfully failed to appear in court without a valid reason, and the law empowers the court, when it has been ascertained that the defendant is absent without a valid reason, to issue a bench warrant of arrest. There is nothing in the exhibit explaining why the defendant, who has mere arthritis and heart disease, cannot appear before the court. Is it that there are no medical facilities in Nigeria? I am convinced that the 1st defendant is trying to hide behind her fingers by raising bogus excuses. It is important that the applicant be reminded that this is a criminal matter and not a civil one, and there is an approach to its proceedings. By all legal considerations, I am of the opinion that there is no merit in this application. I so hold,” he said.

Reacting to the ruling, counsel to the prosecution, Rotimi Jacobs, SAN, commended the judge for what he described as a well-considered ruling. He further reminded the court of the undertaking by defence counsel, A.A. Ibrahim, SAN, to produce the first defendant, urging the court to enforce the undertaking.

“My Lord, for a senior counsel to make an undertaking which is reflected in Your Lordship’s ruling, we crave that Your Lordship give effect to that undertaking by A.A. Ibrahim, SAN, to produce the defendant. If you look at the so-called medical report attached, it only requested a period of six to eight weeks, within which the defendant would not be arrested, and the eight weeks expired on June 9, 2026. I plead with Your Lordship that the court should not take the undertaking for granted. On our part, we have decided to give effect to the arrest of the first defendant, and we also ask counsel to the first defendant to cooperate and produce his client at the next adjournment to avoid coercive measures,” he said.

Responding, A.M. Lawal, who stood in for A.A. Ibrahim, SAN, urged the judge to allow Ibrahim to be present in court to respond to the EFCC’s application regarding the undertaking.

Justice Onwuegbuzie granted the request, stating that Ibrahim should be allowed to appear in court to defend himself on the issue of the undertaking.

The matter was adjourned to July 2, 2026, for arraignment.

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EFCC

Ishaku’s Alleged N27bn Fraud: How I Disbursed Local Government Funds on Orders of Ex-Governor’s Appointees — Witness

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The trial of a former governor of Taraba State, Darius Dickson Ishaku, and a former Permanent Secretary in the Bureau for Local Government and Chieftaincy Affairs in the state, Bello Yero, continued on Monday, June 15, 2026, before Justice S.C. Oriji of the Federal Capital Territory High Court, Maitama, Abuja, with the Third Prosecution Witness, PW3, Taiwo Johns, informing the court that money from local governments in the state was paid into his private account on the instruction of Yero and other officials of the Bureau for Local Government and Chieftaincy Affairs for disbursement.

He further informed the court that he usually withdrew the money in cash.

Ishaku, the first defendant, is being prosecuted by the Economic and Financial Crimes Commission (EFCC), alongside Yero, on a 15-count charge bordering on criminal breach of trust, conspiracy, and conversion of public funds amounting to N27 billion.

Speaking on how the EFCC invited him and traced the alleged funds to the account of his company, P3 International Account, the witness stated that he had used the company account to manage his farming business before joining the civil service as an Assistant Cashier in the state’s Bureau for Local Government and Chieftaincy Affairs.

He further disclosed that John Columba, former Chief Cashier; Babangida Hassan, former Director of Finance; and former Permanent Secretary, Bello Yero, instructed him, in the course of his duties, to provide his account details and await instructions on how to disburse any funds paid into the account.

“They asked me to submit my account number so that some money could be sent to me and instructed me to await further directions on what to do with the money. A few days later, some money was sent to the account by the local government. When the money entered my account, I reported to my chief cashier, John Columba, before reporting to Babangida Hassan, who in turn reported to Bello Yero before I was directed on where to pay the money,” he said.

When asked by prosecution counsel, Rotimi Jacobs, SAN, how he disbursed the funds, the witness stated:

“Sometimes, when money comes into the account, I withdraw it or leave it in the bank and wait for further instruction. At times, I am given an account number into which the money should be paid, while on some occasions, Lawal, P.A. to His Excellency, comes and I hand the money over to him.”

He further testified that:

“Sometimes the instruction is given by the Permanent Secretary, Alhaji Yero, the second defendant; the Director of Finance, Babangida Hassan; and sometimes by the cashier of the local government who lodges the money into my account, after which I report to my immediate boss.”

He also informed the court that he was often given account numbers for the disbursement of funds. He disclosed that N3 million from funds received from a local government on November 20, 2017, was paid to the Second Prosecution Witness, PW2, Prince Onwuzuruike, alongside an additional N2,250,000, bringing the total amount paid to N5,250,000 in one day, based on instructions.

He further disclosed that he received N7,750,000 on February 6, 2018, and was instructed to transfer N6,250,000 to Onwuzuruike.

According to him, on April 11, 2018, Columba, the Chief Cashier of the local government, paid sums of N5 million, N1.7 million, and N1.8 million into his account, respectively, and that a cash withdrawal was made on April 16, 2018, based on the instruction of the Director of Finance, Babangida Hassan.

He further testified that he received a credit of N4,767,386.41 on April 26, 2018, and on the same date, transferred N4,780,000 and N3,220,000 to Prince Onwuzuruike. He added that there were further cash deposits of N5,650,000 and N4,500,000 on April 27, 2018, with instructions to transfer N4,780,000 and N3,370,000 to Onwuzuruike.

Justice Oriji adjourned the matter until July 7, 2026, for continuation of trial.

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EFCC

Olukoyede Cautions Nigerians Against Vote Buying, Money Politics

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Ahead of the 2027 general elections, the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Mr. Ola Olukoyede, has called on Nigerians from all walks of life to work collaboratively toward ensuring peaceful, credible, and transparent elections, warning that vote buying and other forms of financial inducement remain major threats to democratic governance.

Olukoyede made the call in Ilorin, Kwara State, on Wednesday, June 10, 2026, while delivering the inaugural lecture of the High-Level Guest Speakers’ Series organised by the Centre for Peace and Strategic Studies (CPSS), University of Ilorin. The lecture was themed: “Mobilising Critical Stakeholders for Setting the Agenda for Peaceful and Credible 2027 Elections in Nigeria.”

The EFCC Chairman stressed that the Commission remained firmly committed to combating the monetisation of the electoral process, describing vote buying, vote selling, and other forms of financial influence as practices that undermine democracy and good governance.

He pointed out that political leaders who secure office through financial inducement are more likely to focus on recovering their investments rather than serving the public interest.

“The EFCC is opposed to the commercialisation of votes not only because it is a financial crime, but also because it weakens the foundation of good governance by compromising the political recruitment process. Leaders who pay their way into public office are unlikely to prioritise the public good and accountability. Rather, recouping their investments becomes the overarching objective, to the detriment of the common good,” he said.

He disclosed that the EFCC had recorded several arrests, prosecutions, and convictions of electoral offenders in recent years, including politicians, electoral officials, and citizens involved in vote-buying schemes. He assured Nigerians that the Commission would intensify efforts ahead of the 2027 general elections, stressing that vote buying remains a financial crime that would be prosecuted without fear or favour.

On electoral corruption, the EFCC boss stated that it had become increasingly sophisticated, with perpetrators now deploying covert methods, coded communications, and off-site arrangements to influence voters.

“Vote buying manifests not just through financial inducement of voters but also through material and commodity offers. Investigations indicate that some of these criminal activities are no longer being carried out in the open. They are not even being done on election days. Codes are being used covertly. Linkages are being established with voters outside the electoral framework, all in a bid to influence them to follow fraudulent routes. We are aware of all these antics and are prepared to safeguard the integrity of our elections,” he said.

The anti-graft czar identified stronger collaboration among stakeholders, enforcement of electoral laws, issue-based campaigns, media responsibility, impartial security operations, and effective conflict-resolution mechanisms as critical ingredients for credible elections.

He urged political parties to build consensus around decency in campaigns and collectively reject vote buying, noting that inflammatory rhetoric and divisive politics had contributed to electoral violence in previous election cycles.

Olukoyede also challenged the media to play a more proactive role in exposing electoral corruption, particularly vote-buying networks, while urging security agencies to maintain professionalism and neutrality throughout the electoral process. He maintained that proactive and coordinated security arrangements would significantly reduce electoral risks and enhance public confidence in the democratic process.

Earlier, the Director of CPSS, G. A. Animasawun, said the lecture series was conceived to provide a strategic platform for stakeholders to identify and address threats to Nigeria’s democratic process ahead of the 2027 elections. He noted that the Centre was determined to move beyond academic discourse by fostering practical solutions capable of strengthening electoral integrity, peace, and national security.

In his welcome address, the Vice-Chancellor of the University, Wahab Olasupo Egbewole, SAN, described electoral corruption as a major national security threat and called for stronger institutional collaboration to prevent electoral malpractice.

He commended the EFCC under Olukoyede’s leadership for adopting a preventive approach to electoral corruption and proposed a strategic partnership between the Commission and the CPSS to deepen research, training, and policy development on the nexus between electoral corruption and national security.

The event drew participants from the electoral management body, security agencies, civil society organisations, academia, the media, and other key stakeholders committed to strengthening Nigeria’s democratic institutions ahead of the 2027 general elections.

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