Thursday, April 2, 2026 - The Economic and Financial Crimes Commission on Wednesday arraigned two men, Abdullahi Musa and Abdullahi Isah, before Justice Olubunmi Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos, over an alleged N42m fraud.
The defendants are standing trial on a two-count charge
bordering on conspiracy and stealing, preferred against them by the EFCC.
The prosecution counsel, M.K. Bashir, told the court that
the duo conspired among themselves with others still at large to commit the
alleged offences.
Bashir said the incident occurred in October 2024, when the
defendants fraudulently obtained the sum from the nominal complainant, Ismail
Rabiu.
They were also accused of dishonestly converting the
N42,000,000, said to belong to the victim, to their personal use.
The commission further told the court that the duo allegedly
stole the money from the complainant.
According to the anti-graft agency, the offences contravene
sections 284 and 285 of the Criminal Law of Lagos State, 2011.
However, the defendants pleaded not guilty to the charges.
Following their plea, the prosecution counsel urged the
court to fix a trial date and remand the defendants in a correctional centre
pending trial.
However, the defence counsel, K.K. Williams and I. Bakare,
informed the court that they had filed bail applications and urged the court to
grant their clients bail on liberal terms.
Justice Olubunmi Abike-Fadipe ordered that the defendants be
remanded in a correctional centre and adjourned the matter until April 14,
2026, for hearing.
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