Categories: CrimesNews

EFCC arrests fake journalist for claiming to stop $4.5bn PTF fraud probe

The Economic and Financial Crimes Commission (EFCC) has arrested a fake journalist, Ernesto Chukwudum Chukwukamma, for alleged extortion, impersonation, and obtaining N2,000,000 under false pretence to influence the investigation of alleged $4,500,000,000 Petroleum Trust Fund (PTF) fraud.

The EFCC spokesman, Dele Oyewale, disclosed this via a statement on Tuesday, June 3, 2025.

Oyewale said Chukwukamma, 63, was arrested for allegedly threatening the life of a petitioner and receiving financial inducement from him to stop the investigation of the alleged $4.5 billion fraud.

He stated that the suspect allegedly presented himself to the petitioner as a journalist attached to the EFCC.

Judiciary workers suspend strike after CJN’s intervention

Oyewale said the suspect also informed the petitioner that other journalists who are members of a Correspondence Chapel attached to the commission had a report of how he stole $4.5 billion in the process of winding up the activities of the PTF.

The EFCC spokesperson stated: “Investigation revealed that the suspect had already received the sum of N2,000,000 from the petitioner and was arrested while attempting to withdraw the funds.

“He will be charged to court upon conclusion of investigation.”

The Star

Segun Ojo

Recent Posts

US targets Nigerian fashion market to boost bilateral trade

The United States is seeking to deepen commercial ties with Nigeria through the fashion industry,…

5 hours ago

Real Madrid to appoint tennis legend Nadal as board member

Real Madrid have announced plans to appoint retired tennis superstar Rafael Nadal to their board…

6 hours ago

Army rewards soldier with N500,000 for rejecting kidnapper’s bribe

The Nigerian Army has rewarded a soldier, Private Utim Terwase, with N500,000 for rejecting an…

6 hours ago

Dangote in talks to expand refinery IPO access

Dangote Industries Limited held discussions with stock exchanges across Africa on expanding participation in its…

7 hours ago

Senate proposes six-month jail term for hospitals rejecting emergency patients

Hospitals and healthcare providers that reject emergency patients could face up to six months’ imprisonment…

8 hours ago

PSC demotes 16 officers, dismisses three

The Police Service Commission (PSC) has dismissed three senior police officers and demoted 16 others…

8 hours ago

This website uses cookies.