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EFCC Denies Sharing N54bn Forfeited By Emefiele’s Allies

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The Economic and Financial Crimes Commission (EFCC) has refuted media allegations that N54 billion forfeited by associates of former Central Bank of Nigeria (CBN) governor, Godwin Emefiele, was “shared” among some ministers, aides of President Bola Tinubu, and EFCC officials.

In a statement, EFCC spokesperson Dele Oyewale dismissed the reports as baseless and sensational, stating that the author of the story lacked knowledge of the existing asset recovery and management processes.

He clarified that no EFCC official has ever been involved in the distribution of forfeited assets.

Read Also: Capacity Development: NIMASA States Commitment To Quality Training For NSDP Beneficiaries

Oyewale further emphasized that the concept of “sharing” forfeited assets is entirely foreign to the commission.

Part of the statement read that: “the EFCC denounces as false, the report by the online news platform, Sahara Reporters, alleging that N54billion forfeited by some associates of a former governor of the Central Bank of Nigeria (CBN), Mr. Godwin Emefiele was “shared” among certain ministers and aides of President Bola Tinubu, in collaboration with EFCC officials.

“No official of the Commission was, or has ever been involved in the “sharing” of any proceeds of forfeited assets. The notion of “sharing of proceeds of forfeited assets” is strange to the Commission.

“The sensational report which was promoted ostensibly to scandalise the agencies mentioned, betrays the author’s ignorance of the existing asset recovery and management framework. Both the EFCC Act, 2004 and the Proceeds of Crime (Recovery and Management) Act, 2022, are unambiguous in terms of the accounts into which proceeds of forfeited assets are to be paid.

“There is no “platform” for the “sharing of forfeited assets”; the notion itself being infantile. Otherwise, Sahara reporters would not have withheld information about when and how the sharing took place and who got what. The truth is, it simply did not happen!
Dishing fiction to the public as news is the height of irresponsibility and EFCC will not tolerate any attempt to defame its hard-earned reputation.”

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Crime

Police Rescue Three Kidnap Victims in Taraba After Sustained Pressure

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Police Rescue Three Kidnap Victims in Taraba After Sustained Pressure
The Nigeria Police Force has disclosed the rescue of three kidnapped victims in Taraba State following sustained pressure mounted by its rescue teams.

The victims were identified as Otuwe Torhumba, 37; Kenneth Nyiutse, 35; and Michael Emmanuel, 27.

The Force made the disclosure on Saturday, October 3, 2026, in its 24-hour operational update covering security operations recorded across the country on October 2.

ALSO READ: 2027: Ogun Police Begins Early Election Security Preparations, Warns Against Political Violence

According to the Police, “Due to sustained pressure by Police rescue teams, three of five kidnapped victims — Otuwe Torhumba (37), Kenneth Nyiutse (35) and Michael Emmanuel (27) — were rescued unharmed and reunited with their families.”

The Police said the three victims were rescued unharmed and subsequently reunited with their families.

The Force did not provide further details on the circumstances surrounding the abduction or the whereabouts of the remaining two victims in the operational summary.

The case is currently being investigated by the State Criminal Investigation Department (SCID), Jalingo.

The rescue was among several operational successes recorded by the Nigeria Police Force during the reporting period.

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Crime

Police Rescue 86-Year-Old Man, Son From Suspected Cultists in C’Rivers

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The Nigeria Police Force has disclosed the rescue of an 86-year-old man and his son after they were allegedly detained by suspected members of the Axe Men confraternity in Cross River State.

The victims, identified as Dominic Columbus Udoh, 86, and his son, Emmanuel Columbus Udoh, 40, were rescued by Police operatives on Friday, October 2, 2026.

The Police made the disclosure on Saturday, October 3, in its 24-hour operational update detailing security successes recorded across the country.

SEE ALSO: Benue: Police Repel Bandit Ambush, Recover Locally Fabricated Gun

According to the Force, Police operatives were mobilised to the scene after receiving information that suspected Axe Men confraternity cultists had unlawfully detained the two men.

The Police said the suspected cultists fled from the scene when operatives arrived.
The Force stated that officers, with assistance from neighbours, “forced open the locked apartment,” where the two victims were found.

According to the Police, both victims had sustained facial and chest injuries.

They were subsequently rescued and conveyed to the Police Hospital for medical treatment.

The Police said the incident is currently being investigated by the State Criminal Investigation Department (SCID), Calabar.

 

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Crime

Benue: Police Repel Bandit Ambush, Recover Locally Fabricated Gun

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#Nigeria Decides: 10,000 Security Personnel Deployed In Plateau

The Nigeria Police Force has disclosed that personnel of Operation Zenda Joint Task Force (JTF) repelled an ambush by suspected bandits along the Amaafu-Abaji Road in Benue State.

The incident occurred on Friday, October 2, 2026, during a routine patrol by the security personnel along the road.

The Police made the disclosure on Saturday, in its 24-hour operational update detailing security successes recorded across different states.

SEE MORE: 2027: Ogun Police Begins Early Election Security Preparations, Warns Against Political Violence

According to the Police, “Personnel of Operation Zenda JTF on routine patrol along Amaafu-Abaji Road successfully repelled an ambush by bandits, neutralizing one suspect and recovering his locally fabricated gun.”

The Police added that other members of the group fled into the surrounding bushes following the encounter.

It further stated that “No Police casualty was recorded” during the operation.

The recovered firearm was subsequently taken as part of the evidence from the operation as investigations continue.

The Police said the case has been placed under investigation by the State Criminal Investigation Department (SCID), Makurdi.

The Police Force continues to urge members of the public to provide security agencies with timely and useful information that can assist ongoing operations against criminal elements.

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