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...
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SENATE CONFIRMS APPOINTEES FOR PENCOM. (PHOTO).

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SENATE CONFIRMS APPOINTEES FOR PENCOM


Senate has approved the appointment of Chairman and Commissioners of the National Pension Commission, PENCOM. 


Those confirmed as requested by President Bola Tinubu are Agbaje Opeyemi Olukayode representing South west as Chairman of PENCOM, while Hafiz Muhammad Kawu Ibrahim representing North west, is the Commisioner technical.


Samuel  Chigizie Uwandu, representing South West, Charles Efe Sylvester Emukowhate, representing South South and Bello Abubakar Malabu, representing North East were also confirmed PENCOM commissioners for, inspectorate, Finance and Administration, in that order.

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