The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, Ikoyi, Lagos, on Friday, February 27, 2026, presented its first prosecution witness, PW1, Dr Ifeoma Atoh, a consultant paediatrician, in the trial of one Titilayo Funmilayo Eboh for an alleged N247, 500,000( Two Hundred and Forty-seven Million Five Hundred Thousand Naira) fraud.
Securitynewsalert.com learned that Eboh, alongside Uchenna Ejindu and Salami Eneojo Stephen, was arraigned on Friday, January 30, 2026, on an amended four-count charge bordering on obtaining by false pretence, conspiracy, money laundering, and stealing.
The defendants allegedly conspired to defraud one Jude Nyemike Atoh of the sum of ₦247,500,000 (Two Hundred and Forty-Seven Million, Five Hundred Thousand Naira).
Investigations revealed that the defendants received the money in cash under the pretence that they would provide its dollar equivalent to the petitioner, a representation they allegedly knew to be false.
One of the counts reads: “That you, Uchenna Ejindu, Musa Abdulhamid, Salami Eneojo Stephen, and Titilayo Funmilayo Eboh, sometime in July 2024 at Lagos, within the jurisdiction of this Honourable Court, conspired to defraud Mr Jude Nyemike Atoh of the sum of ₦247,500,000 on the pretence that you would give him the dollar equivalent, which pretence you knew to be false, thereby committing an offence contrary to Section 8 of the Advance Fee Fraud and Other Related Offences Act, No. 14, 2006.”
Another count reads: “That you, Musa Abdulhamid (trading under the name and style of Rizqan Dayyiban Global Concept), Salami Eneojo Stephen, and Titilayo Funmilayo Eboh, sometime in July 2024 at Lagos, within the jurisdiction of this Honourable Court, collaborated to conceal the sum of $160,300 (One Hundred and Sixty Thousand, Three Hundred Dollars), property of one Jude Nyemike Atoh, to conceal the illegal origin of the said sum by giving and receiving same in cash.”
The first, second, and third defendants pleaded “not guilty” to counts one, two, and three, while the second and third defendants also pleaded “not guilty” to count four.
Led in evidence by the prosecution counsel, T.J. Banjo, the witness, who is also the victim’s wife, told the court that she was introduced to the first defendant as a Bureau de Change operator.
“ On July 12, 2024, I transferred the sum of ₦247.5 million in two tranches (₦150 million and ₦97.5 million) into the first defendant’s account to obtain the dollar equivalent for my husband’s urgent overseas medical treatment,” she told the court. She, however, stated that the needed dollar equivalent of the sum of N247.5m was never delivered to her.
Giving further testimony, she said her husband had been critically ill and required surgery abroad after spending several months in intensive care. “ I want the court to compel them to return the money so my husband can travel for treatment. I do not want to become a widow,” she also stated.
The prosecution, thereafter, sought to tender in evidence the payment receipts as well as the petition submitted to the EFCC. They were all admitted as exhibits by the court.
Under cross-examination by the counsel to the first defendant, Victor Okpara SAN, the witness confirmed that she adopted the petition earlier written by her husband to the EFCC.
Earlier in the proceedings, the judge granted the third defendant bail in the sum of N50 million, with two sureties, and ordered that a lien be placed on their assets. The sureties must show evidence of tax payment within the last three years.
The judge also ordered the third defendant to file an undertaking not to travel outside Nigeria without notifying the court and the prosecution, who will in turn inform the Nigeria Immigration Service.
The judge held that bail is a constitutional right, but noted that the defendant failed to show that her health condition could not be managed in a Correctional facility.
Counsel to Eboh, Solomon Umonnan SAN, thereafter, sought a variation of the bail terms, requesting the inclusion of a bank or insurance bond as a guarantee, as well as an interim release of the defendant to a lawyer, R. O. Adakole esq, pending perfection of bail.
Responding, the prosecution counsel, Banjo, opposed the application, citing previous difficulties encountered in arresting the defendant and the existence of another pending criminal charge before Justice Dada, scheduled for March 3, 2026.
The judge ruled that any variation must be made through a formal application and also refused the request for interim release.
The case was adjourned till March 13, 2026 (12.00 p.m.) for the continuation of cross-examination.
