Business A.M
No Result
View All Result
Friday, March 13, 2026
  • Login
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
Subscribe
Business A.M
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us
No Result
View All Result
Business A.M
No Result
View All Result
Home National: Governance, Policy & Politics

EFCC raids Ambode’s home in Epe

by Businessam Staff
July 29, 2025
in National: Governance, Policy & Politics

Operatives of the Economic and Financial Crimes Commission on Tuesday morning raided the home of Akinwunmi Ambode, the former governor of Lagos State, in Epe area of Lagos.

A top aide of the former governor, who spoke on the condition of anonymity, confirmed that EFCC operatives raided Ambode’s home.

He revealed that Ambode was not in the country and the home had been raided in his absence.

Tony Orilade, the commission’s spokesman, said that the operatives were in Ambode’s house as part of investigations.

He said the visit was not a raid but “We are there for ongoing investigation.”
Orilade in a statement, he later issued said, “The Economic and Financial Crimes Commission, EFCC has since early hours of today, been inundated with calls that operatives of the Commission raided the residence of the former governor of Lagos State, Akinwunmi Ambode.

“We need to state for the records that the EFCC did not raid Ambode’s house. It is instructive that his administration, like other former governors, is under investigation, since they no longer constitutionally enjoy immunity against prosecution.

“The commission hereby states with high sense of responsibility that the operatives did not raid Ambode’s residence.

“Whatever the Commission is presently doing with regards to the investigation is in line with its mandate and the rule of law.

“We wish to inform the social media to be circumspect in the reportage of any news with regards to investigation activities of the Commission.

“As a tradition, the commission does not carry out investigation on the pages of the newspapers or through the media. Our operations are always covert until at a time when we file charges in court.

“Therefore, the attempt to cast the commission in a bad light is unacceptable as the EFCC will never engage in illegal act. We remain committed to the war against corruption.”

The anti-graft agency had in a recent statement by Orilade announced the freezing of three banks accounts linked to Ambode which were allegedly used in the diversion of N9.9bn in September 2018.

Businessam Staff
Businessam Staff
Previous Post

South-West tops domestic debtors’ list with N1.04trn

Next Post

StarTimes awards N1.2m to 25 customers

Next Post

StarTimes awards N1.2m to 25 customers

  • Trending
  • Comments
  • Latest
Igbobi alumni raise over N1bn in one week as private capital fills education gap

Igbobi alumni raise over N1bn in one week as private capital fills education gap

February 11, 2026

CBN to issue N1.5bn loan for youth led agric expansion in Plateau

July 29, 2025

How UNESCO got it wrong in Africa

May 30, 2017

Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

November 20, 2017

6 MLB teams that could use upgrades at the trade deadline

Top NFL Draft picks react to their Madden NFL 16 ratings

Paul Pierce said there was ‘no way’ he could play for Lakers

Arian Foster agrees to buy books for a fan after he asked on Twitter

Oil steadies as US stockpile decline offsets trade tension worries

Oil climbs above  $100 as Iran warns Strait of Hormuz will remain shut

March 12, 2026
Study ranks New Zealand, Japan among safest countries if global war erupts

Study ranks New Zealand, Japan among safest countries if global war erupts

March 12, 2026
AI, cloud shift redefining skills for next-generation software developers 

AI, cloud shift redefining skills for next-generation software developers 

March 12, 2026
Crude oil dips amid muted market response to EU Russian sanctions

Oil climbs toward $100 as tanker attacks heighten Middle East supply fears

March 12, 2026

Popular News

  • Igbobi alumni raise over N1bn in one week as private capital fills education gap

    Igbobi alumni raise over N1bn in one week as private capital fills education gap

    0 shares
    Share 0 Tweet 0
  • CBN to issue N1.5bn loan for youth led agric expansion in Plateau

    0 shares
    Share 0 Tweet 0
  • How UNESCO got it wrong in Africa

    0 shares
    Share 0 Tweet 0
  • Glo, Dangote, Airtel, 7 others prequalified to bid for 9Mobile acquisition

    0 shares
    Share 0 Tweet 0
  • Oyo targets 500 MW energy generation by 2027

    0 shares
    Share 0 Tweet 0
Currently Playing

CNN on Nigeria Aviation

CNN on Nigeria Aviation

Business AM TV

Edeme Kelikume Interview With Business AM TV

Business AM TV

Business A M 2021 Mutual Funds Outlook And Award Promo Video

Business AM TV

Recent News

Oil steadies as US stockpile decline offsets trade tension worries

Oil climbs above  $100 as Iran warns Strait of Hormuz will remain shut

March 12, 2026
Study ranks New Zealand, Japan among safest countries if global war erupts

Study ranks New Zealand, Japan among safest countries if global war erupts

March 12, 2026

Categories

  • Frontpage
  • Analyst Insight
  • Business AM TV
  • Comments
  • Commodities
  • Finance
  • Markets
  • Technology
  • The Business Traveller & Hospitality
  • World Business & Economy

Site Navigation

  • Home
  • About Us
  • Contact Us
  • Privacy & Policy
Business A.M

BusinessAMLive (businessamlive.com) is a leading online business news and information platform focused on providing timely, insightful and comprehensive coverage of economic, financial, and business developments in Nigeria, Africa and around the world.

© 2026 Business A.M

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Technology
  • Finance
  • Comments
  • Companies
  • Commodities
  • About Us
  • Contact Us

© 2026 Business A.M