EFCC
EFCC Arraigns Husband, Wife for ₦1bn Fraud in Ado-Ekiti
The Ilorin Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has arraigned a self-styled native doctor, Olorunbukunmi Taiwo, and his wife, Awolegan Omolola Omotola, over an alleged contract scam amounting to ₦1,098,961,500 (One Billion, Ninety-Eight Million, Nine Hundred and Sixty-One Thousand, Five Hundred Naira only).
The couple were arraigned before Justice Abubakar Usman of the Federal High Court sitting in Ado-Ekiti on a six-count charge bordering on obtaining money by false pretence and retention of proceeds of crime, contrary to Section 17(a) of the EFCC (Establishment) Act, 2004.
Taiwo and Omotola were arrested following a petition to the EFCC by a widow, Anazia Colina Kenechukwu, proprietor of a private school in Delta State. She alleged that the first defendant, Taiwo, approached her to finance a road construction contract purportedly awarded to him by the Delta State Oil Producing Areas Development Commission (DESOPADEC).
Kenechukwu further alleged that a total sum of ₦1,980,000,000 (One Billion, Nine Hundred and Eighty Million Naira only) was paid into Taiwo’s account domiciled with Access Bank Plc.
Investigations further revealed that the couple allegedly invested proceeds of the illicit activities in the acquisition of two properties in Ado-Ekiti, namely: Town Tavern Lounge, located at No. 1, Ikere Road, off Florence Court School, Ado-Ekiti, and a four-bedroom bungalow located on Florence Court, Irewolede Estate, Ado-Ekiti.
The Commission had, on Monday, May 25, 2026, secured the interim forfeiture of the two properties.
Count Two of the charge reads: “That you, Olorunbukunmi Taiwo and Awolegan Omolola Omotola, sometime between January 2024 and November 2025, in Ilorin, within the jurisdiction of this Honourable Court, with intent to defraud, obtained the sum of ₦1,098,961,500 (One Billion, Ninety-Eight Million, Nine Hundred and Sixty-One Thousand, Five Hundred Naira) from one Anazia Colina Kenechukwu, which was paid to you through Olorunbukunmi Taiwo’s account number 0027303340 domiciled with Access Bank Plc, by falsely representing that same would be used to execute a road construction contract awarded to you by the Delta State Oil Producing Areas Development Commission (DESOPADEC), a pretence you knew to be false, and you thereby committed an offence contrary to Section 1(1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006, and punishable under Section 1(3) of the same Act.”
The defendants pleaded not guilty when the charge was read to them.
Following their pleas, counsel to the EFCC, Sesan Ola, prayed the court to fix a date for trial and order the remand of the defendants.
Justice Usman adjourned the matter until Thursday, June 11, 2026, for hearing of the bail application and commencement of trial. The judge also ordered the remand of the defendants in the EFCC custody.
EFCC
FBI Commends Olukoyede, EFCC for Support in Tackling Sextortion, Cybercrime
The Federal Bureau of Investigation (FBI) has commended the Executive Chairman of the Economic and Financial Crimes Commission (EFCC), Ola Olukoyede, and the Commission for their efforts and vital role in Operation Artemis, a joint international effort to disrupt financially motivated sextortion networks targeting minors.
The commendation was conveyed in a letter signed by FBI Director Kash Patel, who praised the Commission for its collaboration with the Bureau in the arrest and extradition of suspects facing federal charges in the United States.
In the letter addressed to Olukoyede, Patel acknowledged the Commission’s contribution to the operation, stating that “the Economic and Financial Crimes Commission, EFCC, has played a vital role in Operation Artemis, a joint effort focused on disrupting financially motivated sextortion rings targeting juveniles.”
He said that, under Olukoyede’s leadership, the EFCC designated personnel to support the investigations and facilitate the transfer of suspects from Nigeria to face prosecution in the United States.
Specifically, the FBI Director commended the EFCC for apprehending Adebola Festus Adekunle and Mudashiru Afeez Olawale, who were indicted in the United States in 2023 over allegations relating to the sexual exploitation and extortion of minors.
The two suspects were extradited to the United States in August 2026, with the EFCC facilitating the process following investigations and extradition proceedings. They are facing federal charges relating to sexual exploitation in cases involving the deaths of minors.
Patel noted that the successful outcome of the cases would not have been possible without the EFCC’s assistance and commitment to international law enforcement cooperation.
“The successful outcome of these cases would not have been possible without your assistance and dedication to international law enforcement collaboration,” he said.
The FBI Director further expressed appreciation to Olukoyede and the Commission for their commitment to justice and continued cooperation, while expressing optimism about strengthening the partnership between both agencies.
“Please accept my sincere appreciation for your commitment to justice and steadfast cooperation. I look forward to the continued partnership with the EFCC,” he stated in the letter.
The extradition of Adekunle and Olawale followed FBI investigations into separate sextortion schemes targeting male minors in the United States. The investigations linked the alleged activities to two teenage victims who died by suicide after being subjected to online sexual exploitation and extortion.
EFCC
EFCC Photo News
The Japanese Ambassador-Designate to Nigeria, His Excellency, Hideo Suzuki Paid a Courtesy Visit to the Executive Chairman of the Economic and Financial Crimes Commission, EFCC, Mr. Ola Olukoyede in his office today, October 28, 2026. He was accompanied on the visit by First Secretary, Security, Yuji Murakami and Senior Information Analyst, Dogara Ankut.


EFCC
₦2.7bn Fraud: Court Jails Former Banker for 39 Years
Justice O. O. Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos, on Tuesday, October 27, 2026, sentenced a former banker, Christopher Jackson Edeh, to a total of 39 years’ imprisonment for his involvement in a ₦2.7 billion fraud prosecuted by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC).
Edeh, who was arraigned on February 28, 2024, faced nine counts bordering on fraudulent false accounting and unauthorised access to a computer system.
The charges alleged that he altered the bank account details of several customers and government-related entities, including the Kano State Government Power Intervention Fund, NNPC Trading Limited, Stallion Vision Ltd, the Lagos State Government Blue Line, the State Contributory Pension Account and Chukwuemeka Odumegwu Ojukwu University, with intent to defraud.
During the trial, prosecuting counsel, Z. B. Atiku, called three witnesses and tendered several documents in evidence to establish the case against the defendant. The defence, in turn, called one witness.
In her judgment, Justice Abike-Fadipe held that the prosecution had proved its case beyond reasonable doubt and consequently convicted Edeh on all nine counts.
The court sentenced him to five years’ imprisonment without an option of fine on each of counts one to seven, bordering on fraudulent false accounting, and two years’ imprisonment without an option of fine on each of counts eight and nine, relating to unauthorised access to a computer system with intent to facilitate the commission of crimes.
The court ordered that all the sentences run concurrently.
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