N740m scam trial: Witness claims she paid N58m, got excuses instead of returns

A prosecution witnesser successful the ongoing proceedings of the Chief Executive Officer of Onome Global Market Resources Limited and Lexicon Multi-Concept Media Limited, Osabohein Alex Ologbose, and his wife, Hope Onome Oghelemu, has told a Federal High Court successful Abuja however she allegedly mislaid N58.1 cardinal successful an concern strategy linked to the defendants.

The improvement emerged connected June 22, 2026, during proceedings earlier Justice Ekerete Akpan of the Federal High Court, Abuja.

According to the Economic and Financial Crimes Commission, EFCC, the defendants and their companies are facing a seven-count complaint bordering connected alleged obtaining by mendacious pretence, conversion of funds and wealth laundering involving N740 million.

The archetypal prosecution witness, Chinyere Okoroafor, a civilian servant, told the tribunal that she became progressive successful the concern aft being introduced to the concern by Alice Ayeni Alade, whom she identified arsenic a unit subordinate of the Nigerian Export-Import Bank, NEXIM.

She stated that the concern was presented arsenic a bitter kola export concern targeting markets successful China, Hong Kong and Indonesia.

“She introduced maine to an concern concern for the exportation of bitter-kola to China, Hong Kong and Indonesia, arsenic we were having the discussion, she told maine astir the instrumentality connected investment, which looked good,” she told the court.

Okoroafor said she trusted the prop...