The Economic and Financial Crimes Commission, EFCC, on Monday arraigned an ex-convict, Oluokun Gabriel Adekola, before Justice Rahman Oshodi over an alleged N12 million theft.
The case was announced by the EFCC in a post on its official X handle on Monday.
A statement by the anti-graft agency said Adekola was arraigned by the Lagos Zonal Directorate 1 of the commission at the Special Offences Court Ikeja.
According to the EFCC, the defendant and others still at large allegedly conspired in 2025 to conceal and disguise the origin of N12 million paid into his bank account.
The commission alleged that the suspect transferred and converted the funds to cash through Point of Sale (POS) agents.
The EFCC further stated that the money formed part of N3,091,441,849 reportedly stolen from accounts domiciled in a commercial bank through unauthorised access and fraudulent transactions carried out on the bank’s mobile banking applications.
MESSAGE us @ https://Wa.me/+2348072633727 for business relationship, Advert, PR, Publicity, Awareness, Interviews, Feature Stories, Press Release/Statement and so on…
Adekola pleaded guilty to the charge when it was read to him in court.
Twenty prospective National Youth Service Corps (NYSC) members abducted while travelling from Ibadan, Oyo State,…
Pupils and students in public primary and secondary schools across Irewolede Local Council Development Area…
The Federal Capital Territory, FCT, Council of the Nigeria Labour Congress, NLC, has declared an…
Police Arrest Suspects For Killing Family Of Six Over Damaged Phone The Oyo State Police…
Bola Ahmed Tinubu has declared a three-day national mourning period following the death of Nigerian…
A Nigerian woman has called for DNA tests to be banned in marriages, arguing that…