EFCC ARRAIGNS COMPANY ACCOUNTANT FOR ALLEGED N200M THEFT IN LAGOS
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By Aishat Momoh. O.
The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 2, on Monday, October 6, 2025, arraigned one Oguibe Promise Nkwachukwu and his company, Wifamapp Royalty Global Limited, before Justice R.A. Oshodi of the Lagos State High Court sitting in Ikeja, over alleged theft of ₦200 million belonging to Travelstar Web Logistics Limited.
Nkwachukwu was arraigned on a 13-count charge bordering on stealing and dishonest conversion of funds entrusted to him while serving as an accountant at the logistics company.
According to the EFCC, the defendant allegedly diverted several sums belonging to his employer for personal use between 2018 and 2020.
One of the counts reads: “That you, Oguibe Promise Nkwachukwu, being the alter ego of Wifamapp Royalty Global Limited, sometime in March 2020, dishonestly converted to your own use the sum of $36,000, property of Travelstar Web Logistics Limited, entrusted to you as an accountant, thereby committing an offence of stealing contrary to Sections 280(1)(b), (2)(f), and 287 of the Criminal Law of Lagos State, 2015.”
Another count alleges that between January and July 2018, the defendant dishonestly converted $156,000 belonging to the same company for personal use.
Nkwachukwu, however, pleaded not guilty to all the charges.
Following his plea, prosecution counsel, A.A. Usman, requested the court to fix a trial date and to remand the defendant in a correctional facility pending trial.
The defence counsel, Kelvin C. Uzozie, informed the court of a pending bail application and prayed that his client be remanded in the custody of the EFCC instead.
After listening to both sides, Justice Oshodi adjourned the case to October 17, 2025, for the hearing of the bail application and ordered that the defendant be remanded at the Kirikiri Correctional Centre in Lagos.
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