October 12, 2024

EFCC declares oil mogul wanted over alleged fraud

The New Diplomat

Writer

Mapped: U.S. Tariff Rates by Country

Key Takeaways The Trump administration increased tariffs, citing trade deficits and national security concerns. Brazil and India received the highest tariff rate of 50%. Under the second Trump administration, new tariff levels have been applied to over 80 countries, with rates ranging from 10% to 50%. The U.S. President argues that persistent trade deficits and…

August 29, 2025 • Opinion

Thai Court Dismisses PM Over Compromising Phone Call with Cambodian Leader

Thailand’s Constitutional Court on Friday dismissed Paetongtarn Shinawatra from her position as prime minister, ruling that as the country’s leader she violated constitutional rules on ethics in a phone call with Cambodia’s Senate President Hun Sen. The ruling means she immediately loses her job, which she had held for about a year. Paetongtarn was suspended…

August 29, 2025 • Headline

Oil Prices Dip but Stay on Track to Extend Last Week’s Gains

Crude oil prices were set for another weekly rise after additional 25% tariffs on Indian exports to the United States kicked in on Wednesday, raising doubts about the supply of Russian crude. At the time of writing, Brent crude was trading at $68.17 per barrel, with West Texas Intermediate at $64.20 per barrel, both slightly down from Thursday’s close…

August 29, 2025 • Energy,

The Economic and Financial Crimes Commission (EFCC) has declared an oil mogul, Bolaji Akinduro, wanted over alleged fraud.

The commission’s Spokesman, Dele Oyewale, said this in a statement on Saturday in Abuja.

Oyewale said that Akinduro allegedly obtained money under false pretence and committed stealing by conversion.

“The public is hereby notified that Bolaji Henry Akinduro is wanted by the EFCC in an alleged case of obtaining money under false pretense, and stealing by conversion.

“Akinduro is the executive chairman of Total Grace Oil and Gas Investment Limited.

“He is 51, is an indigene of Ondo State, and his last known address is: 272, Patience Coker Street, Ajose Adeogun, Victoria Island, Lagos State.

“Anybody with useful information as to his whereabouts should please contact the commission,” Oyewale said

He said that commission could be reached through its Ibadan, Uyo, Sokoto, Maiduguri, Benin, Makurdi, Kaduna, Ilorin, Enugu, Kano, Lagos, Gombe, Port Harcourt or Abuja offices

According to him, the ant-graft agency could be reached through 08093322644; its e-mail address: [email protected] or the nearest Police Station and other security agencies. (NAN)

Share this news

News