EFCC arraigns ex-convict for alleged N12m theft

The Economic and Financial Crimes Commission, EFCC, connected Monday arraigned an ex-convict, Oluokun Gabriel Adekola, earlier Justice Rahman Oshodi implicit an alleged N12 cardinal theft.

The lawsuit was announced by the EFCC successful a station connected its authoritative X grip connected Monday.

A connection by the anti-graft bureau said Adekola was arraigned by the Lagos Zonal Directorate 1 of the committee astatine the Special Offences Court Ikeja.

According to the EFCC, the suspect and others inactive astatine ample allegedly conspired successful 2025 to conceal and disguise the root of N12 cardinal paid into his slope account.

The committee alleged that the fishy transferred and converted the funds to currency done Point of Sale (POS) agents.

The EFCC further stated that the wealth formed portion of N3,091,441,849 reportedly stolen from accounts domiciled successful a commercialized slope done unauthorised entree and fraudulent transactions carried retired connected the bank’s mobile banking applications.

Adekola pleaded blameworthy to the complaint erstwhile it was work to him successful court.

Read Entire Article