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EFCC Busts Ponzi Scheme Academy, Arrests 133 Suspects In Abuja

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Operatives of the Economic and Financial Crimes Commission (EFCC), on Monday, March 24, 2025 busted a Ponzi Scheme Academy and arrested 133 suspects in Abuja.

They were arrested at the Compensation Layout in Gwagwalada area of the Federal Capital Territory, FCT, Abuja, following actionable intelligence on the existence of the Academy.

ALSO READ: NCDMB Hosts Nigerian Army, Showcases Local Content Milestones

The Academy, named Q University (a.k.a Q-Net) is in the business of recruiting gullible young Nigerians who are trained to recruit more gullible citizens into the scheme with the promise of getting unrealistic profit returns.

The suspects are enrolled into a training codenamed: “Special Training for New Generation Billionaire” and brainwashed to believe that they would graduate into the league of billionaires.

It was gathered that got into the training by obtaining a form the promoters called “Independent Representative Application Form” with promotional slogans such as: “I’m a Champion” “I’m Unstoppable”, “I’m Infinity”, among others.

The EFCC carried out the operation in collaboration with officers and men of 176 Guards Battalion, Nigerian Army.

Items recovered from the suspects include phones, computers and other electronic gadgets.

They will be charged to court as soon as investigations are concluded.

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Crime

EU Slaps Temu With €200m Fine Over Illegal Products

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The European Union has imposed a €200 million fine on Chinese-owned online retail platform Temu over the sale of illegal and unsafe products across its marketplace.

EU regulators announced the penalty on Thursday, accusing the e-commerce giant of failing to properly prevent dangerous items from reaching consumers within the bloc.

According to the European Commission, European shoppers were highly likely to encounter illegal products on Temu, including unsafe baby toys, defective chargers, and jewellery that failed safety standards.

SEE ALSO: European Union maintains its commitment to Mali

The EU said Temu failed to adequately assess the risks linked to illegal products being sold on its platform, adding that the company underestimated the level of harm such items could pose to consumers.

EU tech commissioner Henna Virkkunen said Temu’s rapid expansion in Europe made the issue more concerning, noting that millions of users could potentially be exposed to unsafe products.

Temu, however, disagreed with the decision and described the fine as “disproportionate.” The company stated that it had cooperated with regulators and already introduced additional measures to improve platform governance and user safety.

The sanction was issued under the European Union’s Digital Services Act, a major law aimed at holding large digital platforms accountable for illegal content and consumer risks online.

The platform, which entered the European market in 2023, has grown rapidly and now boasts about 130 million users within the EU.

Regulators also disclosed that investigations into other suspected breaches by Temu are still ongoing, including concerns over addictive app features and its recommendation systems.

Temu has been given until August 28 to submit a compliance plan outlining how it intends to address the violations or risk facing further penalties.

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Crime

N33.8bn Power Fraud: EFCC Nabs Ex-Minister Saleh Mamman After Months on the Run

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The Economic and Financial Crimes Commission (EFCC) has arrested former Minister of Power, Saleh Mamman, over his alleged involvement in a N33.8 billion fraud linked to power sector projects in Nigeria.

The arrest comes months after Mamman was convicted in absentia on multiple counts bordering on the alleged diversion of public funds meant for critical electricity infrastructure, including the Mambilla Power Project and other national power initiatives.

SEE ALSO: JUST IN: Court Remands Buhari’s Power Minister, Mamman In Kuje Prison

EFCC Chairman, Ola Olukoyede, confirmed that the former minister was apprehended at about 3:30 a.m. on Tuesday in the Rigasa area of Kaduna State following weeks of intelligence-led surveillance operations.

According to him, Mamman had evaded arrest since his conviction and sentencing, prompting a sustained nationwide search by EFCC operatives.

He said the arrest represents a major breakthrough in the commission’s efforts to ensure that all individuals found guilty of financial crimes are brought to justice, regardless of their status or influence.

Two suspects arrested for allegedly harbouring ex-minister

The EFCC also disclosed that two other individuals were arrested during the operation for allegedly assisting and providing shelter to the former minister while he was on the run.

Investigators are currently questioning the suspects to determine the extent of their involvement in aiding a convicted fugitive.
Properties and assets under investigation
The anti-graft agency further revealed that it has identified additional properties suspected to be linked to Mamman, adding that asset recovery processes are already underway.

EFCC boss Olukoyede noted that the case has exposed weaknesses in monitoring high-profile corruption trials, adding that reforms would be introduced to prevent similar lapses in future cases.

Prosecutor confirms enforcement of court order

The Director of Public Prosecution, Rotimi Oyedepo (SAN), said the arrest marks the enforcement of a court judgment, stating that Mamman’s conviction and sentence are now being fully implemented following his capture.

He added that the next step would be the ex-minister’s transfer to a correctional facility in line with legal procedures.

Bizteller recalls that Saleh Mamman was convicted over allegations of diverting funds allocated for major power projects, including the Mambilla hydroelectric scheme, one of Nigeria’s largest and most strategic energy investments.

The EFCC says the arrest underscores its commitment to tackling corruption and recovering stolen public funds across the country.

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Crime

Drama in Kebbi as Hisbah Finds Man Hidden Inside ‘Ghana Must-Go’ Bag at Married Woman’s Home

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Operatives of the Kebbi State Hisbah Board, an agency under the state Ministry of Religious Affairs, have arrested a man allegedly found hiding inside a “Ghana Must-Go” bag at the residence of a married woman in the Badariya area of Birnin Kebbi.)

The Director of Sharia at the board, Sirajo Kamba, confirmed the incident in a statement issued on Tuesday in Birnin Kebbi.

According to Kamba, residents of the community alerted the Hisbah Board around 12:15 a.m. on Monday, May 18, after noticing a man entering the woman’s residence under suspicious circumstances.

SEE ALSO: Gov Buni Hints On Establishing Hisbah Police In Yobe

He explained that the residents suspected the pair were involved in an illicit relationship considered contrary to Islamic teachings and therefore decided to formally notify the authorities.

“Upon receiving the report, the Kebbi Hisbah Board swiftly deployed officers to investigate the matter,” Kamba said.

He disclosed that when officers arrived at the residence and requested permission to search the premises, the married woman initially denied that anyone else was inside the house.

Kamba, however, noted that the woman later allowed the operatives to conduct a thorough search, which led to the discovery of the suspect allegedly concealed inside a large “Ghana Must-Go” bag.

Further investigations, according to the Hisbah official, revealed that the suspect allegedly had a romantic relationship with the married woman.

He added that both suspects allegedly admitted to the claims during interrogation and would be arraigned before a Sharia court to face legal proceedings under Islamic law.

The incident has since sparked reactions among residents, many expressing shock over the unusual manner in which the suspect was allegedly hidden inside the bag.

Meanwhile, the development comes days after the Kano State Hisbah Board arrested two women and a 35-year-old fish seller over an alleged attempt to engage in immoral acts in the state.

The Director of Public Enlightenment of the Kano State Hisbah Board, Auwalu Sheshe, had disclosed in a statement that operatives found the fish seller, identified as Ali Abubakar from the Kano Cooperative area, alongside his female companion, Fatima Abubakar, a 28-year-old woman from the Niger Republic, inside a room allegedly preparing to engage in immoral conduct.

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