Crime
Three State Governors are being watched for Stashed funds – EFCC
Three serving state governors are under monitoring over moves to launder cash through table payment of salaries to workers, the Chairman of the Economic and Financial Crimes Commission, Abdulrasheed Bawa, said on Thursday.....KINDLY READ THE FULL STORY HERE▶
Bawa, who did not give the identities of these governors, said two of them were from the North, while the third one was from the southern part of the country.
He said intelligence at the agency’s disposal revealed that the three governors had concluded plans to inject the money into the system through table payment of their state workers’ salaries.
“Let me tell you something; the Intel that I have yesterday and I would want you to take this thing very seriously. Already, some state governors have some of this cash stashed in various houses and the rest are now trying to pay salaries in cash in their state.
When quizzed on whether the commission would summon the said governors, Bawa said they were closely monitoring them.
don’t know how they want to achieve that but we have to stop them from doing that. Well, we are working, they have not paid the salaries in cash yet but it is a very serious thing,” he said, noting that the act was against section 2 of the Money Laundering Prohibition Act.
“The law is very clear regarding cash transactions. Anybody that is to consummate any cash transaction as an individual, if it is not through a financial institution, must not be above N5m and if it is above that it is criminal for you to engage in such transaction. And for corporate entities, it is N10m.
“Yes, I agree the salaries are not up to that but why are you all of a sudden, and all along you have been paying people salaries through their bank accounts and now you want to pay them in cash, what are you trying to do? They will come under a lot of guises, they are trying to do verification of officers, that is what we have gotten,” Bawa added.
The development is coming amid moves by the Central Bank of Nigeria to redesign the naira notes, particularly the N200, N500 and N1000 bank notes.
The CBN had on October 26 announced that the country’s currency would be redesigned to address many issues that had negative effects on Nigeria’s economy.
Two men standing trial over the abduction of 20 prospective members of the National Youth Service Corps (NYSC) in Imo State have admitted that they voluntarily made the written and recorded confessional statements presented by the Department of State Services (DSS).....KINDLY READ THE FULL STORY HERE▶
The defendants, Usman Aliyu and Babangida Aliyu, who are the first and second accused persons, made the admission on Thursday during cross-examination at the resumed hearing of the case.
Both men confirmed that they willingly gave the audio-visual statements and thumbprinted the written confessions in the presence of their lawyers.
The DSS had tendered the statements as evidence, and the court admitted them during the proceedings.
Despite confirming the statements, the defendants appealed to the court for forgiveness and asked to be released. They had earlier made a similar plea while opening their defence and giving evidence on their own behalf.
The two men are facing charges bordering on conspiracy, hostage-taking and unlawful possession of firearms over the alleged abduction.
Meanwhile, proceedings also continued in a separate case involving two defendants accused of conspiracy, kidnapping and unlawful possession of firearms.
During the hearing, a prosecution witness identified the defendants as the individuals who allegedly abducted him for ransom in Imo State on October 4, 2026.
At the end of Thursday’s proceedings, Justice Emeka Orafu adjourned both cases until November 6 for further hearing.
The United States Federal Bureau of Investigation (FBI) has arrested six individuals on its most-wanted fraudsters list following operations conducted across four continents.....KINDLY READ THE FULL STORY HERE▶
The suspects were apprehended over allegations involving various fraudulent activities, according to FBI Director Kash Patel, who announced the development in a post on X on Sunday.
Patel disclosed that the arrests, alongside other enforcement operations, contributed to the seizure of assets worth approximately $17 billion.
He praised the FBI’s international fugitive-tracking efforts and its ongoing campaign against global scam centres, known as Operation Blackout.
According to the FBI director, the six fugitives had collectively spent more than 4,000 days evading arrest.
Patel said the suspects had apparently believed that leaving the United States and going into hiding abroad would place them beyond the reach of American law enforcement authorities.
“They were wrong,” he wrote, stressing that the FBI and its international partners would continue pursuing individuals accused of defrauding Americans, regardless of where they attempted to hide.
In a separate update on Operation Blackout, Patel revealed that the broader campaign had resulted in the seizure of nearly $17 billion, the arrest of hundreds of suspected fraudsters and the rescue of thousands of trafficked workers.
The operation has also involved raids on suspected scam centres, the disruption of online infrastructure used to facilitate fraudulent activities and efforts to identify individuals trafficked into working for criminal networks.
Patel further disclosed that more than 10,000 Americans had received warnings before losing their money, helping to prevent estimated financial losses of about $670 million.
“We’re not just investigating these criminal enterprises.
“We’re dismantling their networks, disrupting their finances, rescuing victims, and holding those responsible accountable,” he said.
The FBI director described the scam centres as criminal enterprises that exploit vulnerable individuals while targeting Americans through international fraud schemes.
He maintained that the agency would continue its efforts to bring those responsible to justice.
“To every criminal organization targeting Americans: Justice will find you,” Patel added.
Full List Of The Six Arrested Suspects
According to the FBI, the individuals arrested are:
- Manjit Singh Bedi
- Elaine Agene Esco
- Khalid Ahmed Satary
- Herbert Leon Kimble
- Sahid Abdullahi Ereg
- Emylee Thai
The United States Federal Bureau of Investigation (FBI) has arrested nine suspected fraudsters during its latest operation in Nigeria.....KINDLY READ THE FULL STORY HERE▶
The operation also resulted in the seizure of 53 electronic devices, while approximately $11 million in potentially freezeable funds was identified across multiple countries.
According to reports, FBI Director Kash Patel disclosed the development in a post on his official X account on Sunday.
Patel expressed appreciation to Nigerian security agencies for their cooperation in the operation, which targeted international cybercrime networks.
He also warned criminals operating from overseas and targeting Americans that they would eventually face justice, accusing them of exploiting innocent victims and stealing their life savings.
In his post, Patel said Operation Blackout was designed to intensify efforts against international cybercrime networks responsible for defrauding Americans of billions of dollars.
“Our latest operation in Nigeria delivered:
“9 ARRESTS.
“53 electronic devices seized.
“$11 MILLION in potentially freezable funds identified across multiple countries.
“These scam centres exploit innocent victims, steal life savings, and operate across international borders believing they are beyond the reach of law enforcement.
“They’re wrong.
“Thanks to Nigerian law enforcement and our partners in London for their outstanding cooperation.
“To the criminals targeting Americans from overseas: JUSTICE WILL FIND YOU,” he wrote.
Meanwhile, the FBI has also announced the arrest of six individuals on its most-wanted fraudsters list.
The suspects were apprehended across four continents over allegations involving various fraudulent activities.
Reports indicate that Patel announced the arrests and related enforcement operations in a separate post on X on Sunday.
According to the FBI director, the operations also resulted in the seizure of assets valued at approximately $17 billion.
The six individuals identified on the FBI’s list are:
- Manjit Singh Bedi
- Elaine Agene Esco
- Khalid Ahmed Satary
- Herbert Leon Kimble
- Sahid Abdullahi Ereg
- Emylee Thai
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