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Court remands Lagos accountant for alleged N200m theft

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Justice Rahmon Oshodi of a Lagos State High Court has ordered the remand of an accountant, Oguibe Nwachukwu, who was arraigned by the Economic and Financial Crimes Commission for alleged theft of N200m, to the Kirikiri Correctional Centre.

The EFCC, in a statement shared on Facebook on Monday, disclosed that the defendant, alongside his company, is facing 13 counts bordering on stealing.

According to the EFCC, Nwachukwu, in 2020, allegedly converted the sum of $36,000, which was entrusted to him by his former employer, Travelstar Web Logistics Limited.

The EFCC added in another count that the suspect had also allegedly converted the sum of $156,000 belonging to the same company for personal use between January and July 2018.

The statement read in part, “That you, Oguibe Promise Nwachukwu, being the alter ego of Wifamapp Royalty Global Limited and Wifamapp Royalty Global Limited, being a company incorporated in Nigeria sometime in March, 2020 in Nigeria, within the Judicial Division of this Honourable Court, dishonestly converted to your own use the sum of $36,000 property of Travelstar Web Logistics Limited entrusted to you, being the custodian as an accountant to the Travelstar Web Logistics Limited, thereby committed an offence stealing, contrary to Section 280(1) (b) and (2) (f) and 287 of the Criminal Law of Lagos State, 2015.

“That you, Oguibe Promise Nwachukwu, being the alter ego of Wifamapp Royalty Global Limited and Wifamapp Royalty Global Limited, being a company incorporated in Nigeria sometime between January 29, 2018 and July, 2018 in Nigeria, within the Judicial Division of this Honourable Court, dishonestly converted to your own use the sum of $156,000 property of Travelstar Web Logistics Limited entrusted to you, being the custodian as an accountant to the Travelstar Web Logistics Limited, thereby committed an offence Stealing, contrary to Section 280(1) (b) and (2) (f) and 287 of the Criminal Law of Lagos State, 2015.”

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The defendant was said to have pleaded not guilty when the charges were read against him.

The EFCC noted that following his plea, the prosecution counsel, A.A. Usman, prayed the court for a trial date and that the suspect should be remanded in the EFCC’s custody.

The statement noted that the defendant’s attorney argued there was a pending bail application and requested the court to remand his client in EFCC custody.

“The defence counsel, Kelvin C. Uzozie, informed the court of a pending bail application on behalf of his client and also pleaded that the defendant be remanded in the EFCC custody.

“After listening to both parties, Justice Oshodi adjourned till October 17, 2025, for the hearing of the bail application and also ordered the remand of the defendant at the Correctional Centre, Kirikiri, Lagos,” the statement concluded.

The EFCC has in recent times prosecuted high-profile financial fraud cases involving public officials.

PUNCH Metro reported on January 17 that the EFCC arraigned an ex-Accountant General of the Federation, Anamekwe Nnabuoku, for alleged fraud amounting to N1.9 billion.

Similarly, in April 2025, the EFCC arraigned the Accountant General of Bauchi State for alleged fraud totalling N8.3bn.

These cases highlight the EFCC’s ongoing efforts to tackle large-scale financial crimes involving custodians of public resources.

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PHOTOS: Two Nigerians sentenced to 7 years imprisonment for armed robbery in Kuwait

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Two Nigerian nationals have been sentenced to seven years in prison for armed robbery in Kuwait.

The Kuwait General Department of Criminal Investigation in Ahmadi Governorate arrested the two individuals over alleged involvement in an armed robbery and theft of a currency exchange shop in Mahboula, in January 2025.

The Court of Appeal on Monday, July 20, 2026 upheld the imprisonment of the defendants for seven years and six months in connection with the robbery and theft.

The Second Circuit of the Court of Appeal, headed by Counselor Nasr Salem Al-Haid and comprising Counselors Mutaib Al-Aradhi and Saud Al-Sane, upheld the ruling against members of a Nigerian gang involved in the robbery and theft of the money exchange shop.

The Public Prosecution had charged the first four defendants with stealing money from the exchange shop, with the second defendant using a fake gun and enabling the third and fourth defendants to steal the money with the assistance of the first defendant.

The fifth defendant was charged with participating with the defendants, agreeing to commit the crime, helping them conceal the stolen goods, and supplying them with the money obtained from the robbery and theft.

The Criminal Court had sentenced the first and fifth defendants in person, while the remaining defendants were sentenced in absentia.

The court had initially sentenced the first four defendants to seven years’ imprisonment and the fifth defendant to six months’ imprisonment after amending the description and charges.

The Court of Appeal later upheld the ruling, according to a report published by Al Rai newspaper.

See also  PHOTOS: Police arrest bandit seen flaunting firearms in viral video, recover AK-47, cash

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PHOTOS: Cross River police arrest alleged fake doctor for operating illegal mobile clinic

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The Cross River State Police Command has arrested one Udeme Emmanuel Ekpeme, “m”aged 39, over allegations of impersonation, obtaining money by false pretence, and the unlawful use of medical equipment.

The suspect was arrested by Police officers attached to Uwanse Division ,Calabar South following a complaint lodged by Mrs. Edemawan Samuel, 45, who alleged that the suspect falsely presented himself as a medical doctor and fraudulently obtained the sum of Five Hundred Thousand Naira (N500,000) from her under the false promise of securing employment for her children at the University of Calabar Teaching Hospital (UCTH).

Preliminary investigations indicate that the suspect allegedly used the false representation to deceive the complainant into parting with the money. Relevant exhibits believed to be connected to the case were recovered during the investigation, and the suspect is currently in police custody.

Confirming his arrest to newsmen, the spokesperson of the command, ASP Eitokpah Akata, said state Commissioner of Police, has directed that a thorough investigation be carried out to establish the full circumstances surrounding the case and determine whether there are other victims. Akata added that upon the conclusion of investigations, the suspect will be charged to court if sufficient evidence is established.

He mentioned that the command is actively conducting a discreet investigation into the matter to uncover the full extent of the suspect’s activities and identify any other possible victims or accomplices. Members of the public are assured that further updates will be provided as investigations progress.

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See also  Police hunt gunmen, recover car after attack on Ngige’s convoy
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PHOTOS: NSCDC uncovers alleged fake university, rescues 106 youths in Badagry

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The Nigeria Security and Civil Defence Corps, NSCDC, Badagry Area Command, has uncovered an alleged fake university operating from a three-bedroom apartment in Ilado, Olorunda Local Council Development Area, of Lagos State, and rescued 106 youths allegedly lured into the scheme. AkwaIbom News

The Corps also arrested the alleged proprietor of the institution, which reportedly recruited young people from different parts of Nigeria and neighbouring West African countries with promises of admission into a foreign university.

The operation, carried out in the early hours of Monday after days of intelligence gathering and covert surveillance, exposed what security officials described as an alleged fraudulent academic and recruitment scheme.

The youths, mostly aged between 19 and 24, were taken into protective custody by the NSCDC for profiling and further investigation.

Confirming their arrest to newsmen, the Badagry Area Commander of the NSCDC, Chief Superintendent Gbenga Ekunola, said the operation followed credible intelligence received by the command on activities at the apartment.

“We got reliable intelligence about the activities going on there. Our officers monitored the place for days before moving in. We have arrested the proprietor, who is assisting with our investigation, while the students have been taken into our protective custody.”

Preliminary investigations indicated that unsuspecting young people were allegedly persuaded to pay admission and processing fees after being promised admission into a foreign tertiary institution.

The victims reportedly paid between N200,000 and N1.5 million, while some foreign nationals and other participants allegedly paid between $400 and $500.

See also  Police hunt gunmen, recover car after attack on Ngige’s convoy

However, the alleged admission scheme reportedly came with a recruitment condition, with participants encouraged to bring in more people in return for commissions.

The arrangement allegedly operated like a chain marketing or Ponzi scheme, with participants promised increasing financial rewards based on the number of new students they recruited.

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