Crime
BREAKING: Olukoyede Vows To Sustain Fight Against Corruption
The Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, on Monday, July 8, 2024, reiterated the Commission’ s determination to intensify the fight against both economic and financial crimes, and other acts of corruption without let or hindrance.
He stated this in Abuja while addressing representatives of the National Association of Nigerian Students (NANS) who were at the EFCC’s headquarters, Abuja on a solidarity visit.
According to him, fighting corruption is a collective responsibility of every stakeholder in the anti-corruption corridor, promising that the EFCC would not relent even as he charged Nigerians students to join the Commission in the fight.
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He said, “It is a collective responsibility to fight corruption in Nigeria. The EFCC will not relent, I promise you that whatever it is going to cost us to fight this fight we will fight it.
“As Nigerian Students, you have a future and it is our responsibility to protect you to ensure that you successfully run through your educational system and pass out and get a good job.”
Olukoyede insisted that leaders at all levels of government should be accountable to the people, pointing out that every opportunity to serve Nigerians should be considered as a privilege with readiness to offer maximum benefits to the people.
“There is nothing personal about it, what we are saying is we must be able to hold people accountable, if you have spent eight years, four yearS, even if it is one year, by the time you come out, the position you are holding is a position of trust on behalf of all Nigerians. So what we are simply saying is that when you finish, come, we want you to explain how you spent our common wealth while you were in the office”, he said.
He urged the youth to join hands with the EFCC and be foot soldiers of the Commission, as well as extending the message of the EFCC and support the good cause and direction of the EFCC to the thirty six states of the federation.
He thanked the President Bola Ahmed Tinubu for creating the Students Loans Scheme adding that it will help the students in securing a better future.
He assured the students that the EFCC would work in concert with the handlers of the Scheme to ensure that its purpose is achieved.
Olukoyede also reacted to a shadowy group threatening to invade the Commission’s offices across the country in the guise of drawing their concerns to some operations of the EFCC.
“I know they are being sponsored by the people we are investigating”, he said.
He assured that there shall be no sacred cows in the anti-corruption fight. “Some of you have been asking questions about one or two people that we have been investigating. Don’t worry everybody will have his day in court, I promise you that”, he said.
He dismissed insinuations being made about recent operations of the EFCC in Akure and Lagos, explaining that out of the 127 suspects arrested in Akure, 113 were indicted and 80 already charged to court. In the Lagos operations, he disclosed that over 100 suspects arrested have been indicted for involvement in internet fraud.
He charged the students to be reform-minded and desist from anti-social tendencies.
One of the Student leaders, NANS’s Senate President, Senator Akinteye Babantunde stated that NANS came out to show support for the EFCC in its crusade against any form of corruption.
“We stand in full support of the Economic and Financial Crimes Commission (EFCC) and its relentless efforts in the anti-corruption war. This is not borne out of our personal aggrandizement but out of the desire to have a state that is firm and uphold the core values of integrity and honesty”, he said.
Crime
Police Probe PCRC Chairman Olaniyan Over Alleged ₦178m Financial Crimes
The Nigeria Police Force has commenced steps to investigate alleged financial crimes involving more than ₦178 million against the National Chairman of the Police Community Relations Committee (PCRC), Alhaji Mogaji Ibrahim Olaniyan, and other national executive officers of the organisation.
The allegations were contained in a petition submitted to the Inspector-General of Police on July 13, 2026, by the law firm of A.F. Obainoke & Co. on behalf of some elected national officers of the PCRC.
According to the petition, Olaniyan and some other national executive officers were accused of financial crimes involving more than ₦178 million.
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The petitioners said they were elected into various national positions in the PCRC in 2022, including the position of National Auditor, while Olaniyan was elected National Chairman and subsequently sworn into office.
In a letter dated July 20, 2026, the office of the Inspector-General of Police forwarded the petition to the Director of Legal Services of the Nigeria Police Force for appropriate action.
The letter, signed by CP Lateef Ahmed, Principal Staff Officer, conveyed the directive of the Inspector-General for the matter to be handled by the legal services department.
The document, according to the report, was received by the Directorate of Legal Services on July 28, 2026.
The latest development comes amid ongoing allegations and internal disputes surrounding the leadership of the PCRC under Olaniyan.
Previous Allegations
The development follows earlier allegations of financial mismanagement and accountability concerns within the organisation.
In March, some PCRC members reportedly accused Olaniyan of failing to account for more than ₦20 million allegedly generated from registration fees for the organisation’s 2026 national leadership workshop.
Sources cited in the report claimed that more than 2,000 PCRC members registered for the workshop at ₦12,000 each in January and February 2026.
The report also alleged that the organisation had not conducted a comprehensive audit of its national accounts for more than three years.
Another PCRC controversy emerged in 2023 when an eight-member committee was reportedly constituted to investigate allegations involving ₦60.3 million allegedly embezzled by the chairman.
A document cited in the report indicated that the committee confirmed that ₦60.3 million had been realised by the PCRC and reviewed expenditure records, with an alleged balance of approximately ₦1.4 million.
The committee reportedly recommended measures including greater financial discipline, limiting the chairman’s powers and ensuring compliance with the organisation’s constitution.
PCRC Election Controversy
The latest allegations also come amid disputes over internal elections within the PCRC.
In July, the Assistant Inspector-General of Police in charge of Zone 13, AIG Godwin Iguh Eze, reportedly postponed a PCRC Zone 13 election over alleged procedural issues.
The police said nomination forms had not been made available to the AIG or the Zonal Police Public Relations Officer, while contestants had also not been screened by the AIG or members of the Zonal Management Team.
Sources further alleged that Olaniyan had sought to influence the electoral process, although he reportedly did not respond to attempts to obtain his reaction.
Meanwhile, sources within the PCRC reportedly claimed that Olaniyan is seeking another tenure as National Chairman ahead of the November 29 election.
Crime
EFCC Arrests Enugu Estate MD Over Alleged N128m Land Scam
Operatives of the Enugu Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) have arrested Basil Iwoba Ochili, Managing Director of Debasilio Construction and Estate Development Limited, over alleged fraudulent activities involving N128 million.
The EFCC disclosed this in a statement posted on its official X account on Wednesday.
According to the commission, Ochili was arrested for allegedly using his company for fraudulent activities, including “obtaining by false pretence to the tune of N128,000,000.00 (One Hundred and Twenty-eight Million Naira).”
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The EFCC said Ochili was arrested based on a claim by a petitioner who alleged that sometime in September 2022, the suspect falsely presented himself as the owner of five plots of land situated beside Anambra State Secretariat by Stamford Hotel, Aroma Junction, Awka, Anambra State, and falsely offered the property for sale.
“Relying on the suspect’s representation, the petitioner purchased the said plots in the sum of N128,000,000.00 (One Hundred and Twenty-Eight Million Naira), which was paid into the suspect’s company account,” the EFCC said.
However, the commission said the petitioner was unable to take possession of the land.
Preliminary investigations, according to the EFCC, showed that the suspect knew that the land “encroached on Anambra State Government Secretariat’s land” but allegedly went ahead to sell it to the petitioner.
The commission further said that instead of refunding the petitioner’s money, Ochili “offered him two dud cheques.”
“Further preliminary investigations showed that the suspect used part of the money to settle his debts,” the EFCC said.
The commission also stated that Ochili’s company, Debasilio Construction and Estate Development Limited, “has never been tax compliant.”
The EFCC said the suspect will be charged to court after investigations are concluded.
“The suspect will be charged to court as soon as investigations are concluded,” the commission stated.
Crime
FHC Hands 10 Years Sentence to Nine Oil Thieves in Akwa Ibom
The Federal High Court (FHC) sitting in Uyo, Akwa Ibom State, has sentenced nine convicted crude oil thieves to 10 years in prison without an option of fine following a joint intelligence-led operation by the Department of State Services (DSS) and the Nigerian Navy (NN).
The convicts were among 19 suspects arrested earlier this year after security operatives caught them allegedly stealing crude oil from an oil well head identified as Asabo-D in Ibeno Local Council of the state.
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Delivering judgment on Monday, Justice Joy Ikpeme found the nine men guilty on a two-count charge of conspiracy and tampering with an oil pipeline, contrary to Section 1(7) of the Miscellaneous Offences Act.
The judge sentenced each of them to five years’ imprisonment on the first count and 10 years on the second count, with no option of fine. The sentences are to run concurrently.
The remaining 10 suspects arrested during the operation are expected to face further legal proceedings.
The arrests followed an intelligence-led operation conducted by the DSS in collaboration with the NN as part of efforts to disrupt crude oil theft and illegal bunkering activities in the oil-producing communities of Akwa Ibom.
The conviction was described by a security source as another significant step in the sustained campaign against oil theft, particularly along Nigeria’s maritime and riverine areas.
According to the source, crude oil theft and illegal bunkering have continued to deprive the country of vital oil revenue while inflicting serious environmental damage on host communities.
The source said the latest conviction underscored the determination of security agencies to ensure that those involved in the theft of the nation’s crude resources are brought to justice.





