EFCC
Court Orders Forfeiture of Ex-Power Minister Saleh Mamman’s Properties After 75-Year Corruption Conviction
The Economic and Financial Crimes Commission (EFCC) has secured another major victory in its anti-corruption campaign as the Federal High Court ordered the forfeiture of several properties linked to former Minister of Power, Saleh Mamman, who is currently serving a 75-year prison sentence for corruption.
Delivering the ruling on Thursday, July 2, 2026, Justice James Omotosho ordered the final forfeiture of Walijam Apartments, located at No. 43, Plot 435, Lobito Crescent, Wuse 2, Abuja, after holding that the EFCC had successfully proved that the property was acquired with proceeds of unlawful activities.
The court also granted interim forfeiture orders over four additional properties allegedly linked to the former minister. They include Bloom Luxury Suites Nigeria Limited at No. 5 Amana Crescent, New Estate, Unguwan Rimi, Kaduna State; a mansion at No. 11 Misratah Street, Wuse 2, Abuja; another property at No. 13 Misratah Street, Wuse 2, Abuja; and A.U.A Plaza on Plot 734, Kade Street, Wuse 2, Abuja.
Justice Omotosho directed the EFCC to publish the interim forfeiture order in a national newspaper within seven days, inviting any interested persons to appear before the court and show cause why the four properties should not be permanently forfeited to the Federal Government.
The forfeiture order follows Mamman’s conviction in one of the country’s high-profile corruption cases. The EFCC had prosecuted the former minister on an amended 12-count charge bordering on corruption and money laundering involving ₦33.8 billion.
On May 7, 2026, the court found him guilty on all counts, and on May 13, 2026, sentenced him to a combined 75 years’ imprisonment.
In addition to the prison term, the court ordered Mamman to refund ₦22 billion traced to him by the EFCC during its investigation. Several assets identified as proceeds of crime were also recovered in the course of the trial.
The latest forfeiture order further strengthens the Federal Government’s efforts to recover assets linked to illicit enrichment and reinforces the EFCC’s ongoing commitment to ensuring that proceeds of corruption are returned to the public.
EFCC
EFCC Counsel Misquoted in ALGON Lawyer’s Fraud Allegation Judgment
The Economic and Financial Crimes Commission (EFCC) views with grave concern the misrepresentation of the reaction of its counsel, Larry Peters Aso, to the judgment delivered by Justice Suleiman Belgore of the Federal Capital Territory (FCT) High Court in a fundamental rights enforcement suit filed by legal practitioner Dr Ted Iseghoi-Edwards.
The judge reportedly cleared Iseghoi-Edwards of alleged fraud relating to services rendered to the nation’s 774 local government councils. He also disagreed with the EFCC’s position regarding its investigation report on the London-Paris Club refunds.
Reacting to the judgment, Aso thanked the judge for his industry in attending to the matter and stated that the EFCC would apply for a Certified True Copy (CTC) of the judgment “and study it to know the necessary steps to take.”
He did not make any statement about an EFCC report from 2024 concerning allegations that Iseghoi-Edwards “fraudulently obtained the judgments, because he instituted proceedings against the Federal Government in the United States.”
Additionally, claims that Aso said the report was prepared under pressure from higher authorities “after Iseghoi-Edwards assigned his promissory notes to third parties in the United States, where they threatened to sue the Federal Government” are entirely mischievous and amount to deliberate character assassination.
This framing was intended to insinuate that extraneous influences affected the matter, which was not the case.
The record of proceedings from Tuesday, October 20, 2026, when the judgment was delivered, can be accessed to verify Aso’s reaction.
The Commission urges the media to be more objective in reporting court proceedings in the interest of justice.
EFCC
FBI Commends Olukoyede, EFCC for Support in Tackling Sextortion, Cybercrime
The Federal Bureau of Investigation (FBI) has commended the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, and the Commission for their efforts and vital role in Operation Artemis, a joint international effort to disrupt financially motivated sextortion networks targeting minors.
The commendation was conveyed in a letter signed by FBI Director Kash Patel, who praised the Commission for its collaboration with the Bureau in the arrest and extradition of suspects facing federal charges in the United States.
In the letter addressed to Olukoyede, Patel acknowledged the Commission’s contribution to the operation, stating that “the Economic and Financial Crimes Commission, EFCC, has played a vital role in Operation Artemis, a joint effort focused on disrupting financially motivated sextortion rings targeting juveniles.”
He said that, under Olukoyede’s leadership, the EFCC designated personnel to support the investigations and facilitate the transfer of suspects from Nigeria to face prosecution in the United States.
Specifically, the FBI Director commended the EFCC for apprehending Adebola Festus Adekunle and Mudashiru Afeez Olawale, who were indicted in the United States in 2023 over allegations relating to the sexual exploitation and extortion of minors.
The two suspects were extradited to the United States in August 2026, with the EFCC facilitating the process following investigations and extradition proceedings. They are facing federal charges relating to sexual exploitation in cases involving the deaths of minors.
Patel noted that the successful outcome of the cases would not have been possible without the EFCC’s assistance and commitment to international law enforcement cooperation.
“The successful outcome of these cases would not have been possible without your assistance and dedication to international law enforcement collaboration,” he said.
The FBI Director further expressed appreciation to Olukoyede and the Commission for their commitment to justice and continued cooperation, while expressing optimism about strengthening the partnership between both agencies.
“Please accept my sincere appreciation for your commitment to justice and steadfast cooperation. I look forward to the continued partnership with the EFCC,” he stated in the letter.
The extradition of Adekunle and Olawale followed FBI investigations into separate sextortion schemes targeting male minors in the United States. The investigations linked the alleged activities to two teenage victims who died by suicide after being subjected to online sexual exploitation and extortion.
EFCC
EFCC Photo News
The Japanese Ambassador-Designate to Nigeria, His Excellency, Hideo Suzuki Paid a Courtesy Visit to the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede in his office today, October 28, 2026. He was accompanied on the visit by First Secretary, Security, Yuji Murakami and Senior Information Analyst, Dogara Ankut.


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