HomeNewsEFCC Arraigns Two, Company  for Alleged N560m Theft in Lagos

EFCC Arraigns Two, Company  for Alleged N560m Theft in Lagos

-

‎‎The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, on Monday, June 8, 2026, arraigned the duo of Olivia Dike and Azeez Muniru Siyanbola for an alleged N560,000,000,00( Five Hundred and Sixty Million Naira ) theft before Justice R.O. Oshodi of the Lagos  State High Court sitting in Ikeja, Lagos.

The defendants were arraigned alongside a company, Eniafelamo Global Seven Nigeria Limited, on a three-count charge bordering on stealing to the tune of N560m.

‎One of the counts read: “That you,  Olivia Dike, Azeez Muniru Siyanbola, Eniafelamo Global Seven Nigeria Limited and one Taoheed Lekan Abdrahman (at large), between July, 2024 and February, 2025 at Lagos, within the jurisdiction of this honourable court, dishonestly stole and converted to your use the cumulative sum of N560, 000,000.00 (Five Hundred and Sixty Million Naira only), property of Peachland West Africa Limited and lyke Stephen Okpaji, thereby committing a crime, Stealing, contrary to Sections 278(1) (b) and 285(9) of the Criminal Law of Lagos State, 2011.”

‎The defendants pleaded “not guilty” to the charges when they were read to them.

‎In view of this,  prosecution counsel, Nnaemeka Omewa, asked the court for a trial date and also prayed for the remand of the defendants in a Correctional centre.

Justice Oshodi adjourned the case until July 10, 2026, for the hearing of the bail application and the commencement of the trial.

The judge also ordered that the first defendant be remanded in a female custodial centre and the second defendant in a maximum security Correctional facility.

SUPPORT US

At Priceless Media Publishing Nig. Ltd /Securitynewsalert.com, we are steadfast in our commitment to independent journalism: reporting that is fearless, impartial, and free from the interference of powerful personalities, politicians and government interests.

Without corporate sponsorships or political affiliations, our ability to investigate freely rests in the hands of the people we serve—you!

Every donation helps us expose the truth, amplify silenced voices, and hold power accountable.
Stand with us because journalism should serve the people, not power.

• Account Name: PRICELESS MEDIA PUBLISHING NIG. LTD
• Account Number: 1943445259
• Bank Name: ACCESS Bank

LATEST POSTS

EFCC Arraigns Man  for Alleged N13.6m Property Fraud In Ibadan

The Economic and Financial Crimes Commission, EFCC, Ibadan Zonal Directorate, on Wednesday, August 19, 2026 arraigned a man,   Yusuf Ademola Oyepeju before Justice Olusola Adetujoye...

Army Commissions Critical Care Centre, Helipad in Kaduna

  The Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, has reaffirmed the Nigerian Army's commitment to providing an efficient and responsive healthcare system, describing...

COAS Commissions New Officers’ Quarters in Kaduna, Pledges Improved Welfare for Troops

The Chief of Army Staff (COAS), Lieutenant General Waidi Shaibu, has commissioned newly completed blocks of flats for officers at Ribadu Cantonment in Kaduna, as...

Troops Arrest Two Suspected Terrorists, Recover Arms In Zamfara

 Troops of 1 Brigade Nigerian Army operating from the Forward Operating Base (FOB) Kaura Namoda have arrested two suspected terrorists and recovered a cache of...

Follow us

0FansLike
0FollowersFollow
0SubscribersSubscribe
spot_img

Most Popular

spot_img