EFCC Denies Counsel Made Claims About Fraud Report In ALGON Lawyer’s Case

The Economic and Financial Crimes Commission (EFCC) has dismissed reports suggesting that its counsel, Larry Peters Aso, made comments linking a 2024 investigation report to alleged fraud involving Dr Ted Iseghoi-Edwards, a legal practitioner.
The Commission described the reports as misleading, mischievous and a deliberate attempt to tarnish the reputation of its counsel.
In a statement, the EFCC expressed concern over what it called the misrepresentation of Aso’s reaction to the judgment delivered by Justice Suleiman Belgore of the Federal Capital Territory (FCT) High Court in a fundamental rights enforcement suit filed by Iseghoi-Edwards.

The judge reportedly cleared the lawyer of allegations of fraud relating to services rendered to the country’s 774 local government councils and disagreed with the EFCC over its investigation report on the London-Paris Club refunds.
According to the Commission, Aso, while reacting to the judgment, appreciated the judge for his efforts in handling the matter and disclosed that the EFCC would apply for the Certified True Copy (CTC) of the judgment to study it and determine the appropriate next steps.
The EFCC stressed that its counsel never made any statement concerning a purported 2024 report alleging that Iseghoi-Edwards fraudulently obtained judgments by instituting proceedings against the Federal Government in the United States.
It also denied claims that Aso said the report was prepared under pressure from superior authorities following the alleged assignment of promissory notes to third parties in the United States, who reportedly threatened to sue the Federal Government.
Describing the claims as deliberate character assassination, the Commission said the narrative was designed to create the false impression that external influences played a role in the matter.
The EFCC urged journalists to verify the court proceedings of Tuesday, October 20, 2026, when the judgment was delivered, to establish what its counsel actually said
It also called on the media to uphold objectivity and accuracy in reporting court proceedings in the interest of justice.
