THE HALFAX HEIMDALL AUGUR

EFCC Arraigns Two Siblings In Port Harcourt Over Alleged N3.2Million ... The brothers were arraigned by the Port Harcourt Zonal Directorate of the EFCC before Justice S. D. Pam on an amended five-count charge bordering on conspiracy and obtaining money under false pretences involving a total sum of N3.2 million. The Economic and Financial Crimes Commission (EFCC) has arraigned two brothers, Cypril Nwalaezi and Smart Chinedu Nwalaezi, before the Federal High Court in Port Harcourt, Rivers State, over an alleged land fraud involving the resale of the same parcels of land to multiple buyers after collecting millions of naira from an initial buyer. The brothers were arraigned by the Port Harcourt Zonal Directorate of the EFCC before Justice S. D. Pam on an amended five-count charge bordering on conspiracy and obtaining money under false pretences involving a total sum of N3.2 million. According to the anti-graft agency, the defendants allegedly deceived a buyer into believing they had valid ownership of parcels of land located along Umuasukpo Farm Road in Igbo-Etche, Etche Local Government Area of Rivers State, before collecting payment for the properties. The agency said investig…

EFCC arraigns two people, firm for alleged N560 million theft in Lagos <img width="1278" height="717" src="https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/06/1001192321-e1780947221394.jpg?fit=1278%2C717&amp;ssl=1" class="webfeedsFeaturedVisual wp-post-image" alt="Defendants" style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" srcset="https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/06/1001192321-e1780947221394.jpg?w=1278&amp;ssl=1 1278w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/06/1001192321-e1780947221394.jpg?resize=526%2C295&amp;ssl=1 526w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/06/1001192321-e1780947221394.jpg?resize=768%2C431&amp;ssl=1 768w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/06/1001192321-e1780947221394.jpg?resize=750%2C421&amp;ssl=1 750w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2026/06/1001192321-e1780947221394.jpg?resize=1140%2C640&amp;ssl=1 1140w" sizes="(max-width: 1278px) 100vw, 1278px" /><p>EFCC accused the defendants of stealing and converting to their personal use a cumulative sum …

EFCC Arraigns Two Brothers Over Alleged N3.2m Land Fraud In Port ... The Port Harcourt Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has arraigned two brothers, Cypril Nwalaezi and Smart Chinedu Nwalaezi, before the Federal High Court in Port Harcourt over an alleged N3.2 million land fraud. The defendants were arraigned on Thursday before Justice S. D. Pam on an amended five-count charge bordering on conspiracy and obtaining money under false pretence. According to a statement by theEFCCon Friday, the brothers allegedly defrauded a buyer by falsely claiming they had valid ownership of parcels of land located along Umuasukpo Farm Road in Igbo-Etche, Etche Local Government Area of Rivers State. The anti-graft agency alleged that on October 17, 2022, Cypril Nwalaezi deceived Mr. Franklin Nwachukwu into purchasing two parcels of land measuring 1,150.805 and 1,295.771 square metres for N2.75 million, despite allegedly lacking valid title to the properties. In a separate count, Smart Chinedu Nwalaezi was accused of using the same false representation to obtain N450,000 from the same complainant on November 3, 2022, for another parcel of land measuring 467…

EFCC arraigns ex-Port Harcourt Refinery Ltd MD over alleged money ... The EFCC, in the charge marked: FHC/ABJ/CR/360/2026, named Mr Dikko and Masterpiece Projects & Investment Ltd as first and second defendants. The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned a former Managing Director of the Port Harcourt Refining Company Ltd (PHRC), Ahmed Dikko, over alleged money laundering. Mr Dikko, who was arraigned before Justice Inyang Ekwo of the Federal High Court, Abuja Division, on a 12-count charge, pleaded not guilty. Recall that the EFCC, in the charge marked: FHC/ABJ/CR/360/2026, named Mr Dikko and Masterpiece Projects & Investment Ltd as first and second defendants. In the charge dated and filed on June 22 by the commission’s counsel, Ekele Iheanacho, SAN, the anti-graft agency accused Mr Dikko of using N218 million to buy property in Abuja. When the case was called, Mr Iheanacho informed the court that the matter was scheduled for the defendants to take their plea and that they were ready to proceed. Ikechukwu Ajunwa, SAN, did not oppose the application but urged the court to enter a not guilty plea for the second defendant (the company). In view…

EFCC Arraigns Ex-Port Harcourt Refinery Boss Over Alleged Money ... EFCC Arraigns Ex-Port Harcourt Refinery Boss Over Alleged Money Laundering Nigeria By Gbenga-Ojo NICHOLAS On Jul 8, 2026 The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned the immediate past Managing Director of the Port Harcourt Refining Company Limited (PHRC), Ahmed Dikko, before the Federal High Court in Abuja over an alleged multi-million-naira money laundering scheme linked to contractors of the Nigerian National Petroleum Company Limited (NNPCL). Dikko was docked before Justice Inyang Ekwo on a 12-count charge bordering on money laundering, unlawful possession of proceeds of crime and concealment of illicit funds. He pleaded not guilty to all the charges. The EFCC also listed Masterpiece Projects & Investment Limited as the second defendant in the case. According to the anti-graft agency, Dikko allegedly received and retained funds traced to contractors handling projects for PHRC and used part of the money to acquire a high-value property in Abuja outside the banking system, contrary to the provisions of the Money Laundering (Prevention and Prohibition) Act, 2022. Advertisement When t…

EFCC arraigns ex-Port Harcourt Refinery MD over N1.32bn fraud The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned the former Managing Director of the Port Harcourt Refining Company Limited (PHRC), Ahmed Adamu Dikko, before the Federal High Court in Abuja over alleged money laundering involving more than N1.32 billion. Dikko was docked before Justice Inyang Ekwo alongside Masterpiece Projects & Investment Limited on a 12-count charge bordering on money laundering and concealment of alleged proceeds of crime. The EFCC alleged that the former refinery boss laundered N1.322 billion linked to contractors engaged by the Nigerian National Petroleum Company Limited (NNPCL) for the rehabilitation of the Port Harcourt refinery. According to the anti-graft agency, the funds were allegedly concealed through cash purchases of properties, undisclosed bank transactions, third-party accounts and unauthorised foreign currency conversions in violation of the Money Laundering (Prevention and Prohibition) Act, 2022. One of the charges alleged that Dikko made a cash payment equivalent to N218.38 million for the purchase of a property in Katampe Extension, Abuja, without routing …

EFCC arraigns three over alleged attempt to defraud bank N10 billion <img width="1424" height="802" src="https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/12/EFCC-Nigeria-1.jpg?fit=1424%2C802&amp;ssl=1" class="webfeedsFeaturedVisual wp-post-image" alt="EFCC office used to illustrate the story." style="display: block; margin: auto; margin-bottom: 5px;max-width: 100%;" link_thumbnail="" decoding="async" srcset="https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/12/EFCC-Nigeria-1.jpg?w=1424&amp;ssl=1 1424w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/12/EFCC-Nigeria-1.jpg?resize=526%2C296&amp;ssl=1 526w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/12/EFCC-Nigeria-1.jpg?resize=768%2C433&amp;ssl=1 768w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/12/EFCC-Nigeria-1.jpg?resize=750%2C422&amp;ssl=1 750w, https://i0.wp.com/media.premiumtimesng.com/wp-content/files/2022/12/EFCC-Nigeria-1.jpg?resize=1140%2C642&amp;ssl=1 1140w" sizes="(max-width: 1424px) 100vw, 1424px" /><p>EFCC said the defendants allegedly conspired to obtain N10 billion from Fidelity Bank by presenting forged documents and making fal…

EFCC arraigns brothers over alleged N3.2m land fraud The Economic and Financial Crimes Commission (EFCC) has arraigned two brothers, Cypril Nwalaezi and Smart Nwalaezi , before the Federal High Court in Port Harcourt over an alleged N3.2 million land fraud . The defendants were arraigned by the Port Harcourt Zonal Directorate of the EFCC before Justice S. D. Pam on an amended five-count charge bordering on conspiracy and obtaining money by false pretence. According to the anti-graft agency, the brothers allegedly fraudulently sold parcels of land to a buyer by claiming they had valid and subsisting titles to the properties. One of the charges alleged that Cypril Nwalaezi, on October 17, 2022 , falsely represented that he had a valid title to a parcel of land located along Umuasukpo Farm Road, Igbo-Etche, Etche Local Government Area of Rivers State , and obtained N2.75 million from Franklin Nwachukwu after inducing him to purchase the property. The EFCC also alleged that Smart Nwalaezi, on November 3, 2022 , made a similar representation regarding another parcel of land in the same area and obtained N450,000 from the same complainant. According to the Commission, the offences contr…

₦1.3 Billion Laundering: EFCC Arraigns Ex-Port Harcourt Refinery MD EFCC Operatives The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned a former Managing Director of the Port Harcourt Refining Company Limited (PHCL), Ahmed Adamu Dikko, before the Federal High Court in Abuja over alleged money laundering. Naija News reports that Dikko was arraigned before Justice Inyang Ekwo on a 12-count charge marked FHC/ABJ/CR/360/2026. The charge, filed on June 22 by EFCC counsel, Ekele Iheanacho (SAN), listed Dikko and Masterpiece Projects & Investment Limited as first and second defendants. The former refinery boss pleaded not guilty when the charges were read to him. The EFCC accused Dikko of laundering ₦1,322,839,112.07 allegedly linked to contractors engaged by the Nigerian National Petroleum Company Limited for the rehabilitation of the Port Harcourt refinery. The commission alleged that the funds were laundered through cash property purchases, undisclosed bank retentions, third-party concealment and unauthorised currency conversion. One of the counts alleged that Dikko made a cash payment equivalent to ₦218,375,000 for the purchase of Plot 558, Abubakar Umar Street…