EFCC drags company, two others before Lagos court over alleged N560m theft

The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, on Monday, June 8, 2026, brought 2 individuals and a institution earlier the Lagos State High Court sitting successful Ikeja implicit an alleged N560 cardinal theft case.

Those arraigned are Olivia Dike and Azeez Muniru Siyanbola, alongside Eniafelamo Global Seven Nigeria Limited. They were docked earlier Justice R.O. Oshodi connected a three-count complaint bordering connected stealing.

The EFCC alleged successful a connection that the defendants dishonestly converted a full sum of N560,000,000 (Five Hundred and Sixty Million Naira) belonging to Peachland West Africa Limited and Lyke Stephen Okpaji.

One of the counts work “That you,  Olivia Dike, Azeez Muniru Siyanbola, Eniafelamo Global Seven Nigeria Limited and 1 Taoheed Lekan Abdrahman (at large), betwixt July, 2024 and February, 2025 astatine Lagos, wrong the jurisdiction of this honourable court, dishonestly stole and converted to your usage the cumulative sum of N560, 000,000.00 (Five Hundred and Sixty Million Naira only), spot of Peachland West Africa Limited and lyke Stephen Okpaji, thereby committing a crime, Stealing, contrary to Sections 278(1) (b) and 285(9) of the Criminal Law of Lagos State, 2011.”

All the defendants pleaded “not guilty” erstwhile the charges were re...