ADUpdating your news feed...

NEWS EXPRESS is Nigeria’s leading online newspaper. Published by Africa’s international award-winning journalist, Mr. Isaac Umunna, NEWS EXPRESS is Nigeria’s first truly professional online daily newspaper. It is published from Lagos, Nigeria’s economic and media hub, and has a provision for occasional special print editions. Thanks to our vast network of sources and dedicated team of professional journalists and contributors spread across Nigeria and overseas, NEWS EXPRESS has become synonymous with newsbreaks and exclusive stories from around the world.
























Loading banners
Loading banners...


EFCC Chairman Olukoyede
By PETER ANOSIKE
A Federal High Court sitting in Yenagoa, Bayelsa State, has threatened to commit the Chairman of the Economic and Financial Crimes Commission (EFCC), Olanipekun Olukoyede, to prison over contempt of court.
The court, in a "Notice of Consequences of Disobedience to Court Order" addressed to Olukoyede, noted that "unless you obey the direction contained in this order, you will be guilty of contempt of court and will be liable to be committed to prison."
This notice comes after the EFCC Port Harcourt Zonal Office engaged an estate valuer to value and rent out properties belonging to Bliss Multinational Perfections Limited and Arch. Oyinmiebi Bribena, The CEO of Baraza Multipurpose Cooperative Society Limited.
It will be recalled that Justice Isa H. Dashen, in his judgment in suit number FHC/YNG/CS/125/2022, had Perpetually Restrained the EFCC from seizing properties belonging to Bliss Multinational Perfections Limited and Bribena, which are clearly not proceeds of crime.
Justice Dashen also declared the seizure and sealing of properties belonging to Bliss Multinational Perfections Limited and Bribena by the EFCC as unlawful.
The court further described as unlawful the instructions given to Bribena's bankers by the EFCC to place a post-no-debt lien or freeze his accounts.
The EFCC was Perpetually Restrained from "inviting, harassing, arresting, detaining, threatening to arrest, or detaining the Plaintiffs as a result of the civil dispute between Baraza Multipurpose Co-operative Society Limited and its members, or on matters arising from the registered business objects of the co-operative society."
The sum of N10,000,000 was awarded as exemplary damages against the EFCC for the unlawful seizure and attachment of properties belonging to Bliss Multinational and Bribena.