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EFCC Moves Against Insurance Sector Fraud

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The Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede has reaffirmed the commitment of the Commission to combating economic and financial crimes and other acts of corruption in the Nigerian insurance sector.

 

 

He stated this in Abuja at the closing ceremony of a three-day capacity-building workshop on Insurance-Related Fraud Prevention, Detection, and Investigation, held
at the EFCC Academy.

Speaking through the Deputy Commandant, Training, Assistant Commander of the EFCC, ACE1 Halima Rufau, he commended the participants for their dedication throughout the training and reiterated the Commission’s unwavering resolve to strengthen the nation’s financial integrity through professional competence and inter-agency collaboration.

“…Let us take the lessons learnt here into the field, applying them with diligence, professionalism and integrity. The real success of this training will be seen in stronger investigation, better inter-Agency co-operation and tangible results in the fight against economic and financial crimes.” he said.

The intensive three-day programme featured a series of courses, including Introduction to Insurance Practices in Nigeria; Insurance Products, Premiums and Fraud Prevention; Legal and Regulatory Framework for Insurance Fraud Prevention; Common Insurance Fraud Schemes and Detection Techniques; Strengthening Internal Controls and Compliance; Insurance Evidence Analysis and Prosecution and more topical subject matters including demonstration of real life scenarios, concluded with group presentations.

The anti-corruption czar noted that the insurance sector remained a critical component of Nigeria’s financial system and underscored the need for vigilance, integrity, and technical expertise in identifying and combating fraud schemes that threatens the stability of the industry.

The training forms part of the EFCC’s broader strategy to build capacity among its officers and stakeholders, ensuring proactive detection and prevention of economic and financial crimes across key sectors of the economy.

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NDC Accuses Kwankwaso Of Party Hijack

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The Nigeria Democratic Congress, NDC, Vice Presidential candidate, Rabi’u Kwankwaso, has been accused of hijacking party structure in the North West

In a statement jointly signed by the party’s Northwest Vice Chairman Mohammed Rabiu Serina and Kano State Chairman Hussaini Isa Mariga respectively. the former Kano state governor was accused of excluding non-Kwankwasiyya members from contesting elective offices on its platform.

The duo who described themselves as pioneer members of the party, said they were appointed by the party’s National Leader, former Bayelsa State Governor Henry Seriake Dickson, before the party’s registration and later confirmed as substantive officers through congresses and the national convention.

Serina and Mariga further stated that they were instrumental in building the party’s structures across Kano State and the Northwest before Kwankwaso and his supporters joined the party.

“The problems began when Kwankwaso sought complete control of the party structure in Kano State during the state congresses.

“The dispute prompted the intervention of the party’s national leader, Seriake Dickson who convened a meeting and brokered an agreement granting Kwankwaso and his supporters 60 per cent control of the party structure in Kano, while the party retained 40 per cent,” the party officials said.

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Govt Demolishes Ibadan Kidnappers’ Hideout

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The Oyo State Government has demolished a house used as a hideout by the kidnappers of the sister of the immediate past Minister of Power, Adebayo Adelabu, and her twins.

 

The victims were abducted last Wednesday.

They were later rescued by the police on Saturday.

The state government on Monday moved the necessary equipment to the area to demolish the house.

The house is located at Lakoun Estate, Olomi-Olojuoro Road, in Oluyole Local Government Area.

The demolition was carried out by officials of the Oyo State Ministry of Public Works and Transportation, accompanied by operatives of the Nigeria Police Force.

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Lagos: Bandit’s Attack Warning Letter Not Verified- Police

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The Lagos State Police Command has reassured residents, parents and school authorities that there is no verified intelligence suggesting any planned attack or abduction of schoolchildren by bandits in the state.

 

The assurance followed the circulation of a threatening notice allegedly pasted at a school, claiming that bandits intended to attack and abduct pupils.

However, to forestall any security breach, the Commissioner of Police, Lagos State Command, CP Tijani Fatai, has ordered the deployment of watertight security measures across the affected area and other strategic locations in the state, with police personnel and other security agencies mobilised to protect schools, critical infrastructure and communities.

Reacting to the development, the Police Public Relations Officer, SP Abimbola Adebisi, said the Command had assessed the situation and found no credible intelligence indicating any imminent threat.

According to her :”The Lagos State Police Command has seen reports of a threatening notice allegedly pasted at a school, claiming that bandits intend to attack and abduct school children. The Command wishes to reassure parents, guardians, school authorities and all residents that there is presently no verified intelligence indicating any imminent threat of such an attack within Lagos State.

“While every security concern is treated with the utmost seriousness, members of the public are advised to remain calm and avoid panic.

“The Commissioner of Police has directed an immediate assessment of the situation and strengthened security architecture around vulnerable and strategic locations across the state.

“The Command wishes to emphasise that Lagos State remains secure and that every lawful measure is being taken to prevent criminal elements from infiltrating or operating within the state,” she said.

“The Command will not tolerate any attempt by miscreants, bandits, kidnappers or other criminal elements to threaten the peace and safety of residents. Any individual or group found engaging in acts capable of causing fear, panic or insecurity will be decisively dealt with in accordance with the law”, she stated.

Adebisi urged residents to remain vigilant and continue to support security agencies with timely and credible information, noting that security remained a collective responsibility.

She also advised members of the public to promptly report suspicious persons, objects, movements or activities to the nearest police station or through the Command’s emergency lines.

“The public is once again assured that all hands are on deck to ensure the continued safety, security and well-being of every resident of Lagos State,” she added.

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