EFCC ARRAIGNS TWO, COMPANY FOR ALLEGED N560M THEFT IN LAGOS. (PHOTO). #PRESS RELEASE

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 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...

COURT JAILS TWO INTERNET FRAUDSTERS IN LAGOS.{PHOTOS}.


   Justice Mojisola Dada of the Special Offences Court, sitting in Ikeja, Lagos has convicted and sentenced two internet fraudsters, Oguntade Idowu and Oguntimehin Samuel to one year imprisonment each.
The convicts were arraigned by the Lagos Zonal office of the Economic and Financial Crimes Commission, EFCC, on Tuesday, June 30, 2020 on different count charges before the court. While Idowu was arraigned on one-count charge bordering on possession of a car reasonably suspected to have been stolen, Samuel was arraigned on two-count charges bordering on possession of fraudulent documents.
The count-charge against Idowu read: “That you, Oguntade Idowu, sometime in 2019 in Lagos, within the jurisdiction of this Honourable court, had in your possession, Mercedes Benz C300, reasonably suspected to have been unlawfully obtained and which you do not give account to the satisfaction of court as to how you came about it and committed an offence contrary to Section 39 of the Criminal Law of Lagos State, 2015.”
He pleaded guilty to the charge preferred against him.
In view of his plea, prosecution counsel, I.A. Mohammed, reviewed the facts of the matter and prayed the court to convict him accordingly.
Delivering her judgment, Justice Dada found him guilty of the offence and sentenced him to one year imprisonment.
The Judge also fined him the sum of N500, 000.00( Five Hundred Thousand Naira) in lieu of the jail term and ordered him to forfeit the Mezcedes Benz C300 to the Federal Government.More photos below.
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