Breaking News: Money Laundering : Supreme Court Dismisses EFCC’s Case Against Ex First Bank Director , Dr. Dauda Lawal The Supreme Court of Nigeria unanimously dismissed the appeal filed by the Economic and Financial Crimes Commission (EFCC) against former Executive Director of First Bank , Dr Dauda Lawal . By Judgment delivered today, 12th...
In this piece, Ruth Morenike Oluwadare examines the United Kingdom’s Commercial Court’s Enforcement Order granted to P&ID for $9.6 billion and the Federal Government of Nigeria’s response. On August 16, 2019, Mr. Justice Butcher of the England & Wales Business and Property Courts, Commercial Court of the Queen’s Bench Division (Commercial Court) granted Process...
Solicitors to the estate of late High Chief Dr. O. B. Lulu-Briggs, Charles Anthony LLP, have responded to claims in the media by three out of seven of the late oil mogul’s children on their dispute with his last Will and Testament. The Press statement signed by Ms. Paschalyne Ijeoma Ibe, the firm’s Practice...
THE University of Warwick, England has awarded international lawyer and prosecutor Charles Adeogun-Phillips an Honorary Doctor of Laws (LL.D). Warwick will confer the award on the British-born Nigerian at its convocation in July in recognition of his being the world’s youngest ever lead genocide prosecutor at 35, in 2001. The United Kingdom’s (UK’s) ninth...
A Federal High Court in Lagos on Thursday ordered the final forfeiture of the sum of N34 billion ($153 million) linked to a former Minister of Petroleum Resources, Diezani Alison-Madueke. Justice Muslim Hassan issued the order while delivering judgment in a suit by the Economic and Financial Crimes Commission seeking the forfeiture of the...
A Federal High Court in Lagos has ordered that monies totaling about N34 billion and linked to former Petroleum Minister, Diezani Alison-Madueke, be forfeited to the Federal government. The monies are N23.4 billion, N9.08 billion and $5 million totaling about N34 billion. The court presided over by Justice Hassan had earlier on January 6,...
The Economic and Financial Crimes Commission, EFCC, has detained a former prosecutor for the federal government, Charles Adeogun-Philips. The International Criminal Attorney was arrested outside the agency’s Special Fraud Unit in Ikoyi, Lagos state, where he had been representing a client. Adeogun-Phillips had been invited to the EFCC office to explain the whereabouts of...
A former prosecutor for the federal government, Charles Adeogun-Philips was on Friday, arrested and detained by the Economic and Financial Crimes Commission, EFCC. The International Criminal Lawyer was picked up outside the EFCC’s Special Fraud Unit in Ikoyi, Lagos state, where he had been representing a client. Earlier, the EFCC had invited Adeogun-Phillips to...
The Economic and Financial Crimes Commission (EFCC) has told a Federal High Court in Lagos State that an Executive Director of First Bank Plc, Mr Dauda Lawal, allegedly laundered funds on behalf of former Minister of Petroleum, Mrs Diezani Allison-Madueke. The counsel representing the EFCC, Mr Rotimi Oyedepo, made the revelation on Tuesday while...
A former First Bank Executive Director, Dauda Lawal, has appealed the February 16, 2017 judgment of the Federal High Court in Lagos, which ordered the forfeiture of the sum of N9.08bn recovered from him by the Economic and Financial Crimes Commission. Justice Muslim Hassan had ordered the permanent forfeiture of the N9.08bn to the...