EFCC ARRAIGNS FOUR OVER ALLEGED N247.5M, $160,300 FRAUD IN LAGOS
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By: Sefiu Ajape
The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 1, on Friday, January 30, 2026, arraigned four defendants before Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, over an alleged fraud involving ₦247.5 million and $160,300.
Those arraigned are Uchenna Ejindu (trading under the name and style of Autonel Automotive Enterprises), Salami Eneojo Stephen, and Titilayo Funmilayo Eboh.
They were arraigned on an amended four-count charge bordering on conspiracy, obtaining money under false pretence, stealing, and money laundering.
According to the charges, the defendants allegedly conspired to defraud one Mr. Jude Nyemike Atoh of the sum of ₦247,500,000 (Two Hundred and Forty-Seven Million, Five Hundred Thousand Naira) and $160,300 (One Hundred and Sixty Thousand, Three Hundred Dollars).
The Commission alleged that the defendants collected the sums in cash under the pretence that they would provide the dollar equivalent, a representation they allegedly knew to be false, with the intention of concealing the illegal origin of the funds.
Count One reads:
“That you, Uchenna Ejindu, Musa Abdulhamid, Salami Eneojo Stephen, and Titilayo Funmilayo Eboh, sometime in July 2024 at Lagos, within the jurisdiction of this Honourable Court, conspired to defraud Mr. Jude Nyemike Atoh of the sum of ₦247,500,000 on the pretence that you would give him the dollar equivalent, which pretence you knew to be false, thereby committing an offence contrary to Section 8 of the Advance Fee Fraud and Other Related Offences Act, No. 14, 2006.”
Count Four Reads:
“Musa Abdlhanmid (trading under the name and style of Rizqan Dayyiban Global Concept), Salami Eneojo Stephen and Titilayo Funmilayo Eboh sometimes in July, 2024 at Lagos within the jurisdiction of this Honorable Court collaborated to conceal the sum of $160,300 (One Hundred and Sixty Thousand, Three Hundred Dollars) property of one Jude Nyemike with the aim of concealing the ilegal origin of the said sum by giving and receiving same in cash.”
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Upon arraignment, the first, second, and third defendants pleaded not guilty to counts one, two, and three, while the second and third defendants also pleaded not guilty to count four.
Prosecuting counsel, T. J. Banjo, informed the court that the matter was already fixed for trial on February 27, 2026, and prayed the court to maintain the date. He further urged the court to remand the third defendant in a correctional centre, citing difficulties previously encountered by the Commission in arresting her, and opposed her bail application.
Responding, counsel to the first defendant, Victor Okpara, SAN, told the court that his client had been on bail since May 15, 2025, and had diligently attended all court proceedings, urging the court to allow him to continue to enjoy the existing bail. Counsel to the second defendant, Dehinde Dipeolu, aligned with the submission.
Counsel to the third defendant, Mike Umonnan, informed the court that he had filed a bail application and, considering the health challenges of his client, prayed for an earlier date to move the application.
Justice Oshodi adjourned the matter to February 12, 2026, for the hearing of the third defendant’s bail application and ordered that she be remanded in a correctional centre.
The case was further adjourned to February 27, 2026, for commencement of trial.
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