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EFCC Hands Over Recovered N42.5m To 70-Year-Old Widow Defrauded By Her Account Officer In Kaduna

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The handover, which took place on Thursday, November 6, 2025 was done in the Kaduna Zonal Directorate of the Commission by its Acting director, Bawa Kaltungo on behalf of EFCC’s Executive Chairman, Ola Olukoyede.

The Economic and Financial Crimes Commission (EFCC) has returned a bank draft of ₦42,500,000 to Mrs. Margret Taye Odofin, a 70-year-old widow and retiree. The funds were recovered from her fraudulent account and an investment officer, Mrs. Kehinde Olawale Yusuf, who was employed at one of the new-generation banks.

The handover, which took place on Thursday, November 6, 2025 was done in the Kaduna Zonal Directorate of the Commission by its Acting director, Bawa Kaltungo on behalf of EFCC’s Executive Chairman, Ola Olukoyede.
The widower, in a petition to the Kaduna Zonal Directorate of the EFCC in December 2024, had alleged that Mrs. Yusuf, being her account and investment officer , had between November 2020 and December, 2020, lured her into investing in some ponzi businesses with a promise of a quarterly return on the investment of N1,700,000 (One Million, Seven Hundred Thousand Naira), but unknown to her, the banker’s motive was solely to defraud her as she later realised that the sum of N47 million had been creamed off her account and wired to various bank accounts without her permission.

Mrs Yusuf cut off communications with her and fled to the United Kingdom after she made enquiries from her on the transactions.

However, her flight out of the country could not deter the EFCC from tracing and recovering the stolen monetary assets.

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An over-joyed Odofin was effusive with thanks and praises for the Commission and Olukoyede for the recovery.

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Public officers are stealing Nigeria’s money every minute – EFCC boss

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The Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, says public officers steal funds every minute.

Olukoyede spoke in Abuja on Thursday at the 80th birthday celebration of former Attorney-General of the Federation, Kanu Agabi.

He stated that the anti-graft agency receives over 20,000 corruption petitions every year, describing the scale of the theft detailed in many cases as shocking.

“I receive over 20,000 petitions in a year in respect to public corruption, all terrible. What is going on? Like every minute, public officers take money, and if you go through some of our case files you will weep.

“The way people take national resources and Nigerians are victims of these fraudulent activities. And we must come together for once in our lifetime and say no to the activities of some of our leaders,” Olukoyede said.

The EFCC boss noted that some public officers assume office with less than ₦100,000 in their accounts, but within three years, the agency traces millions of dollars to them.

He added that some individuals acquire hundreds of houses while in office, warning that corruption is crippling the nation.

Olukoyede stressed that public officers must be held accountable for their time in office, emphasizing that transparency must remain the guiding standard in public service.

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VIDEO: Police identify officer in viral video saying Obi can never be President

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The Lagos State Police Command has arrested an officer who appeared in a viral video making inappropriate remarks about Peter Obi and Igbo people while travelling on public transport.

The officer who has been identified as INSP. Osumah Frank, was filmed saying Obi or any Igbo person can never become President of Nigeria.

In a statement released today September 25, the command’s spokesperson, SP Abimbola said the command has commenced appropriate disciplinary action against the officer in line with established regulations of the Nigeria Police Force.

Abimbola stated that the statements made by the officer were made in his personal capacity and do not represent the position, views or official disposition of the Lagos State Police Command or the Nigeria Police Force.

She added that the State Commissioner of Police, CP Tijani Fatai, has reiterated the position of the command that all its personnel are expected to maintain professionalism, civility, discipline and respect for members of the public at all times. She further reaffirmed that wearing the Police uniform comes with a responsibility to uphold the dignity and integrity of the Force, and that the Command will not condone any conduct capable of bringing the Force into disrepute or undermining public confidence in the Police.

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Court rejects suit seeking fresh police investigation into late singer Mohbad’s death

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The Federal High Court in Abuja has dismissed a suit seeking to compel the Nigeria Police Force to conduct a fresh investigation into the death of Nigerian singer Ilerioluwa Aloba, popularly known as Mohbad.

Justice James Omotosho dismissed the case filed by the Registered Trustees of Break the Silence Foundation in a judgment delivered on Thursday, ruling that the foundation lacked the legal capacity to institute the suit.

The judge also described the application as speculative and lacking sufficient merit, noting that the foundation failed to produce the original police investigation report to support its claim that the earlier investigation was inadequate.

Justice Omotosho further cautioned lawyers handling ongoing cases against discussing matters before the court during media interviews or on social media, describing such conduct as professional misconduct.

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