EFCC ARRAIGNS MAN FOR ALLEGED ₦55M FRAUD IN LAGOS. (PHOTO). #PRESS RELEASE.

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 EFCC Arraigns Man  for  Alleged ₦55m Fraud in Lagos The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Wednesday, December 3, 2025 arraigned one Gabriel Celestine Nwawuzor, before Justice Daniel Osiagor of the Federal High Court in Ikoyi, Lagos for ₦55m fraud. Nwawuzor was arraigned alongside Moonlink Pharmaceuticals Limited, on a 3-count charge bordering on fraud and money laundering to the tune of N55,000,000 (Fifty Five Million Naira) One of the counts reads: "That you Gabriel Celestine Nwawuzor and Moonlink Pharmaceuticals Limited sometime in April, 2021, in Lagos, within the jurisdiction of this Honorable Court procured the account number 2170235882 domiciled in Zenith Bank to retain the sum of N55, 000, 000.00 ( Fifty Five Million Naira) which sum you knew forms part of the proceeds of your unlawful act and you thereby committed an offence contrary to Sections 21(a), 18(2)(d) of the of Money Laundering (Prevention and Prohibitio...

WE RUN A NON-PARTISAN MANDATE- EFCC EXECUTIVE CHAIRMAN, OLA OLUKOYEDE. (PHOTO).


 We Run a Non-Partisan Mandate


 


“ If  I am not condemned for investigating both former and serving strong ruling party Governors and Ministers,  I should not be condemned for also investigating opposition figures


- EFCC Executive Chairman,  Ola  Olukoyede


The African Democratic Congress, ADC’s unprovoked attack on the Economic and Financial Crimes Commission,   EFCC, concerning its handling of cases involving politically exposed persons from every divide, came as a rude shock and unwarranted blame game.


 Every objective and discerning watcher of events in the national political scene, would admit that the Commission has been circumspect and dispassionate in the exercise of its mandate.   


 The ADC’s claims that “Opposition Coalition have received EFCC summons that are clearly politically motivated. These are not fresh cases arising from new evidence but new files opened in reaction to emergent political affiliations to intimidate key opposition figures”,  are clearly self-serving,  diversionary, narrow  and  idle.  The question is, what determines “fresh cases” and old cases? Every corruption allegation deserves to be investigated and there is no constraint of time and season in criminal investigations.


  Available records in our courts showed that several political figures of all divide are answering charges  of alleged economic and financial crimes and other acts of corruption.  It is also public knowledge that the EFCC is busy investigating some key figures of the ruling party  owing to allegations of corrupt practices.   Besides,  many serving state governors of various political colouration are on the investigative  radar of the Commission. The Commission will not be blackmailed into making full disclosures of its discreet investigations of any state or non-state actor,  no matter the provocation.    


 The ADC was right to have admitted that “The EFCC does not belong to the APC.  It belongs to the Nigerian people. It is funded by taxpayers, not the ruling party.''  Nothing can be farther from this truth.   


  The ADC and other political groups should focus on their partisan activities and allow the Commission to carry out her mandate.  Nothing will make an innocent person answer any charge from the EFCC.   The “opposition figures” the ADC is trying unsuccessfully to white-wash know in their hearts that they have issues that necessitated their invitations by the Commission.   The immunity against any investigation by the EFCC is accountability and probity.   Fraud is fraud. Corruption is corruption. There is no sacred cow, protected interest or partisan consideration in the investigation and prosecution of corruption.


The EFCC will continue to do its job and all well-meaning Nigerians are enjoined to ignore political statements meant to heat up the polity and divert attention from the pillage of the national treasury.

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