The Economic and Financial Crimes Commission (EFCC) has arraigned two individuals and a company before the Federal High Court in Lagos over the theft
The Economic and Financial Crimes Commission (EFCC) has arraigned two individuals and a company before the Federal High Court in Lagos over the theft of N560 million.
The defendants — Olivia Dike, Azeez Siyanbola, and Eniafelamo Global Seven Nigeria Limited — were brought before Justice Rahman Oshodi on three counts of stealing.
They are accused of, alongside a suspect said to be at large, Taoheed Abdrahman, diverting and converting a total sum of N560 million belonging to Peachland West Africa Limited and Iyke Okpaji between July 2024 and February 2025.
The prosecution said the offences contravene Sections 278(1)(b) and 285(9) of the Criminal Law of Lagos State, 2011.
The defendants pleaded not guilty to the charges. Prosecution counsel, Nnaemeka Omewa, urged the court to fix a trial date and requested that the defendants be remanded pending the hearing of their bail applications.
Justice Oshodi adjourned the case until July 10 for hearing of bail applications and commencement of trial.
EFCC spokesperson Dele Oyewale, said the court ordered that Olivia Dike be remanded in a female custodial centre, while Azeez Siyanbola was remanded in a maximum-security correctional facility.
The matter is part of ongoing financial crime cases currently before the Lagos State High Court, Ikeja, Lagos State High Court, Ikeja.
