EFCC ARRAIGNS AUSTRIAN FOR UNDECLARED $800,585, €651,505 AT LAGOS AIRPORT. (PHOTO). #PRESS RELEASE.

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 EFCC Arraigns Austrian For Undeclared $800,585, €651,505 At Lagos Airport The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Directorate 2, Okotie Eboh, Ikoyi, Lagos, on Friday, January 9, 2026, arraigned one  Kavlak Onal, an Austrian national arrested by the Nigeria Customs Service, NCS, for allegedly failing to declare the sums of $800,575 and €651,505 in his possession. He was arraigned before Justice Yelim Bogoro of the Federal High Court sitting in Ikoyi , Lagos.  Onal who was scheduled to travel on Emirates Airline to Dubai, was on Tuesday, December 16, 2025 intercepted  during a routine check at the AML/ CFT Currency Declaration Desk at the Murtala Muhammed International Airport, Ikeja, Lagos.
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OSBC SANCTIONS PRESENTER OVER UNAUTHORIZED PONZI SCHEME BROADCAST. (PHOTO).

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 OSBC Sanctions Presenter Over Unauthorized Ponzi Scheme Broadcast


The Osun State Broadcasting Corporation (OSBC) has sanctioned a presenter for airing an unauthorised segment promoting the collapsed CBEX Trading Exchange Global scheme on Orisun FM, Ile-Ife.


OSBC’s Public Relations Officer, Gbenga Faminu, said the misleading five-minute content was broadcast without editorial approval and was the independent action of the presenter involved.


The corporation has launched an internal investigation, enforced corrective measures, and reaffirmed its commitment to ethical broadcasting. It also warned the public to remain vigilant against fraudulent investment schemes.


The EFCC has launched a probe into CBEX, which defrauded investors despite prior warnings.

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