24 results
- 17 Mar 2025
AMCON vs. Arik Air: Lagos Court Adjourns High-Stakes Fraud Trial to March 19, 2025
Justice Mojisola Dada of the Lagos Special Offences Court has scheduled March 19, 2025, for the continuation of the trial involving Ahmed Kuru, the former Managing Director of the Asset Management…
- 5 Nov 2025
Court Jails Asiegbu, Former Wema Bank’s Manager 3 Years for N8Bn Fraud
Justice Rahman Oshodi of the Lagos State Special Offences Court in Ikeja on Wednesday, convicted and sentenced Samuel Asiegbu, former financial and retail product manager with Wema Bank Nigeria Plc,…
- 24 Mar 2026
Court Remands Hacker for Allegedly Stealing N3.09Bn from FCMB
Justice Mojisola Dada of the Lagos State Special Offences Court in Ikeja has remanded, Andrew Odekina, an alleged hacker, who is part of a fraud syndicate that stole N3.09 billion from First City…
- 5 Jan 2026
Court Sends Faleti, Ex-Lagos Director to Jail for Stealing ₦48.9m from Access Bank
An Ikeja Special Offences and Domestic Violence Court on Monday sentenced Olawale Faleti, a former Lagos State Education director, to two years and five months’ imprisonment for stealing ₦48.9…
- 5 Mar 2021
Oluwasanmi, Union Bank Staff Jailed for Theft of N116m
Temitope Oluwasanmi, a staff of Union Bank and his friend Augustine Olayinka were Friday handed various jail terms by Justice Mojisola Dada of the Special Offences Court, Lagos State. The convicts…
- 28 May 2025
EFCC Witness Admits Writing Off Arik Air’s $2.3M Debt Amid N76Bn Fraud Trial
A former Group Executive Director of Union Bank PLC, Mr. Austine Obigwe, on Wednesday testified before the Lagos State Special Offences Court sitting in Ikeja, detailing how he wrote off a $2.3…
- 12 Apr 2024
Court Grants Emefiele, Ex CBN Governor N50m Bail
An Ikeja Special Offences Court presided over by Justice Rahman Oshodi has granted Godwin Emefiele, former Central Bank of Nigeria (CBN) Governor N50m bail. Godwin Emefiele, Ex. Gov,, CBN This is in…
- 5 Oct 2020
How N900m Disappeared from MTN, MultiChoice Bank Accounts- FCMB Staff
An Ikeja Special Offences Court, Lagos heard how seven men allegedly hacked and withdrew the sum of N900 million from First City Monument Bank (FCMB), belonging to several of its customers. The…
- 31 Jul 2025
Bank Staff Arraigned for Allegedly Defrauding Customer of N423m
Abiodun Maccarthy, former bank employee, has been arraigned before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, over an alleged ₦423 million fraud involving a…
- 19 Mar 2025
Court Rejects EFCC’s Document in N76 Billion Arik Air Fraud Trial
Justice Mojisola Dada of the Lagos Special Offences Court, Ikeja, has rejected a document presented by the Economic and Financial Crimes Commission (EFCC) in the ongoing trial of a former Managing…
- 27 Jul 2025
Taskforce Arrests Six for over Fake Lottery Scam
Lagos State Environmental and Special Offences Enforcement Unit (Taskforce) has apprehended six suspects allegedly involved in a fraudulent lottery scheme that targeted unsuspecting residents at…
- 30 Mar 2022
FCMB Manager Docked Over Alleged N1.2n Fraud
Mr. Tope Munis, branch manager with First City Monument Bank (FCMB), Ikeja branch, has been docked by a Lagos State High Court for allegedly aiding N1.2billion fraud against Star Orient Nigeria…
- 11 Feb 2025
FG Takes Full Ownership of Keystone Bank
Federal government has taken full ownership of Keystone Bank, according to a statement by the bank posted on its X handle on Tuesday evening. It read, “Keystone Bank Limited wishes to clarify media…
- 7 Jul 2021
Lagos Deploys Device to Ease Gridlock, Check Traffic violations
The Lagos State Government on Wednesday introduced a technology-driven device, Traffic Management Solution (TMS), aimed at implementing traffic law compliance in the state. Babajide Sanwo-Olu, Lagos…
- 6 Aug 2024
Court Grants N50m Bail to Hackers Who Allegedly Stole N1.9Bn from MTN Network
Justice Akintayo Aluko of the Federal High Court in Lagos yesterday granted bail in the sum of N50 million to Timothy Oluwabukola and Anthony Odemerho, two alleged hackers, who were accused by the…
- 1 Nov 2018
PSFU Arrests Woman, Accomplice for Stealing N14.9m from Sterling Bank
Operatives of the Police Special Fraud Unit (PSFU), Lagos have arrested Ogechi perpetual Ezeoni, 29, a suspected female fraudster and Franklin ifeanyi mogekwe, 36 her accomplice, for allegedly…
- 12 Sept 2015
Undergraduate, Okadaman in Court for Hacking Into Bank Accounts
A final year student of the Nmandi Azikiwe University (NAU) Akwa is facing charges of forgery, stealing and fraud after he was arrested alongside a tricycle rider for allegedly hacking bank…
- 12 Mar 2026
EFCC Arraigns Intermediate Investment Holdings Boss Over Alleged $1.5m Fraud
Economic and Financial Crimes Commission (EFCC) has arraigned Ufoma Joseph Immanuel, Managing Director of Intermediate Investment Holdings Limited, before Justice Mojisola Dada at the Special…
- 5 Nov 2024
How Hackers Manipulated, Stole N622m from Interswitch within Minutes- Police
Justice Yellim Bogoro of the Federal High Court in Lagos has heard how Daniel Ikeoha and Sylvester Ebeta, two alleged hackers, manipulated Interswitch Nigeria Limited’s Payment Gateway switch and…
- 12 Mar 2019
Female Banker Allegedly Steals N6.7m From Customers
Ralphael Lawrence, 38, a female manager in charge of the Nnewi, Anambra State branch of the Self Reliance Economic Advancement Programs (SEAP Micro-finance Institute), has been arraigned before a…
- 21 Sept 2018
4 Men Hack into FCMB Database, Steal N1Bn
Four suspected hackers were arraigned before an Igbosere Magistrate Court, Lagos for allegedly stealing the sum N1billion from accounts belonging to customers of First City Monumental Bank (FCMB).…
- 13 Mar 2019
Access Bank Denies Wrongdoing in Sale of N2.5Bn Customer’s Goods
Access Bank Plc has vehemently denied any wrongdoing in the alleged sale of a customer’s goods worth N2.5 billion. The Police Special Fraud Unit in Lagos had charged Access Bank Plc, its…
- 22 Dec 2020
Zinox Dismisses Claims of Police Indictment of Leo Stan Ekeh
The management of Zinox Technologies, Nigeria’s leading integrated Information and Communications Technology (ICT) company,has debunked allegations of Leo Stan Ekeh, its chairman, being indicted by…
- 16 May 2015
Ex-Governors Have N172Bn Cases of Fraud- Punch
Saturday Punch has revealed that over N172 billion fraud cases are pending against some senators-elect who were formerly governors. Over 15 ex-governors won senate seats in the March 28 election with…