News
FG reportedly freezes $37m worth of crypto traced to suspected #EndBadGovernance protest organizers
The Nigerian government has frozen more than $37 million worth of cryptocurrency held in wallets believed to be owned by some organisers of #EndBadGovernance protests.
The freezing followed an order by the Federal High Court in Abuja. The judge, Emeka Nwite, gave the order in a ruling delivered on 9 July, a copy of the decision seen by newsmen on Tuesday shows. Mr Nwite issued the order based on an application by the Economic and Financial Crimes Commission (EFCC).
ALSO READ: Soyinka Criticizes Tinubu’s Address for Ignoring Attacks on #EndBadGovernance Protesters
In the ex parte application filed on 8 August and heard by the court on the following day, the EFCC described the assets as proceeds of money laundering and terrorism financing.
There was no objection to the application during the hearing, which was an exchange of views between the judge and EFCC’s lawyer, O.S Ujam.
-
Sports5 days agoSenegal opens Dakar 2026 Youth Olympic Games, Africa’s first Olympic event
-
Latest1 week agoTinubu endorses Nigeria’s participation in 2026 World Travel Market London
-
Football6 days agoU-17 Women’s World Cup: Flamingos Beat Mexico to Reach Quarter-Finals
-
Latest4 days agoFG Announces N50,000 cash support for vulnerable Nigerians under new relief programme
-
Business4 days agoNNPC’s N66-per-litre petrol discount set to end October 31
-
Latest4 days agoINEC recognises Pantami for Gombe, keeps Kano NDC candidate off final list
-
Latest5 days agoNetanyahu, Eisenkot face coalition deadlock as Israel struggles to form new government
-
Business15 hours agoOPay explains how Nigerians can access FG’s N50,000 monthly cash relief