Ex-convict faces fresh trial over alleged N12m theft — EFCC

The Economic and Financial Crimes Commission (EFCC), done its Lagos Zonal Directorate 1, has brought an ex-convict, Oluokun Gabriel Adekola, earlier the instrumentality erstwhile again. Adekola appeared connected Monday, March 16, 2026, earlier Justice Rahman Oshodi astatine the Special Offences Court successful Ikeja to look allegations involving a N12 cardinal theft.

According to the EFCC, the suspect was brought to tribunal connected a modified single-count complaint centered connected the theft of N12,000,000 (Twelve Million Naira).

According to the prosecution, the alleged offence occurred sometime successful 2025 successful Lagos and progressive the transportation and conversion of stolen funds done Point of Sale (POS) operators.

The complaint work successful tribunal stated: “That you, OLUOKUN GABRIEL ADEKOLA, and different persons astatine large, sometime successful 2025 successful Lagos wrong the jurisdiction of this Honourable Court, collaborated with others to conceal and disguise the genuine root of N12,000,000 paid into your relationship by transferring and converting aforesaid to currency done Point of Sale (POS) agents, wealth which forms portion of N3,091,441,849 stolen from accounts domiciled with FCMB done unauthorized entree and fraudulent activities connected their mobile banking applications.”

When the allegation was presented to him successful the courtroom, Adekola pleaded guilty.

Following ...