HomeNewsEFCC Hands Over Recovered N108m to Company in Lagos

EFCC Hands Over Recovered N108m to Company in Lagos

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The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, on Wednesday, July 22, 2026, handed over the sum of N108 million to a company, Greenwich Planet Sun King Nigeria Limited, in Lagos.

The money, handed over in bank drafts, formed part of the funds recovered by the Commission in the course of an investigation into an alleged case of abuse of office, forgery, stealing and diversion involving two former employees of the company.

Investigation revealed that the suspects, Nkechi Gladys Megai, who is currently at large after fleeing to the United Kingdom, and Godson Eze, a former Chief Financial Officer, abused their positions by forging documents, creating fake invoices in the names of the company’s legitimate vendors, and diverting funds through fraudulent transactions carried out over a period of time.

The investigation also revealed that the fraudulent payments ran into several hundreds of millions of naira.

At Wednesday’s handover ceremony, the Acting Zonal Director of the Lagos Zonal Directorate 2 of the EFCC, Assistant Commander of the EFCC, ACE I Bawa Usman Kaltungo, reaffirmed the Commission’s commitment to ensuring that victims of economic and financial crimes obtain justice and, where possible, recover assets fraudulently obtained from them.

Kaltungo also disclosed that “efforts are ongoing to ensure that all persons connected with the fraud, including those who have fled the country, are brought to justice in accordance with the law.”

The company’s legal representatives, while receiving the bank drafts, expressed appreciation to the EFCC for its painstaking investigation, professionalism and commitment to recovering the stolen funds.

They also assured the Commission that the recovered money would go a long way towards mitigating the losses suffered by the company.

#Securitynewsalert.com

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