Lagos Court Jails Two for N36.5m Theft Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on Tuesday, January 27, 2026, convicted and sentenced the duo of Obiesie Elyon Chukwugene and Afolabi Adebayo Olumuyiwa to one year imprisonment each for N36,570,000.00 ( Thirty Six Million, Five Hundred and Seventy Thousand Naira) theft. They were initially arraigned alongside a firm, D Velvetbox Agro Farm Limited, by the Economic and Financial Crimes Commission, EFCC, Lagos Zonal Directorate 2, on November 21, 2024 on a 15-count charge bordering on stealing. Count one reads: “Obiesie Elyon Chukwugene, being the Managing Director of D Velvetbox Agro Farm Limited, a registered company incorporated in Nigeria, on or about 27th May, 2023 in Lagos, within the jurisdiction of this Honourable Court, dishonestly converted to your own use the aggregate sum of N5,000,000.00 ( Five Million Naira only) belonging to Judith Okoli by d...