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    Independence Day: Peace, development returning to Nigeria – Speaker Abbas

    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria needs coordinated action to curb displacement, farmer herder conflicts – Barau

    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Nigeria: Abbas calls on North to emulate Ahmadu Bello by prioritising education, human capital

    Sanwo-Olu at UN stage with California’s Gavin Newsom, tells world leaders that states and regions are ready to deliver

    Tinubu puts Nigeria back on global education leadership stage through GPE co-hosting – Minister

    Tinubu puts Nigeria back on global education leadership stage through GPE co-hosting – Minister

    Nigeria: Speaker Abbas inaugurates House committee to strengthen border security

    Speaker Abbas seeks Saudi Arabia’s visa policy review for Nigerians, annual parliamentary dialogue

    Tinubu congratulates DG NCMM, Olugbile Holloway,  on TIME100 Art recognition

    Tinubu congratulates DG NCMM, Olugbile Holloway,  on TIME100 Art recognition

    Tinubu’s special tribute to Aigboje Aig-Imoukhuede at 60

    Tinubu’s special tribute to Aigboje Aig-Imoukhuede at 60

    Nigeria: FG proposes national risk market, commercial dispute tribunal

    Nigeria: Oyedele makes case for cheaper capital to fund Africa’s infrastructure

  • Entertainment
    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

    Funke Akindele set to release latest film ‘Where Is Mr. Right?’ Aug. 15

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    British singer Luca Zuccotti visits Afrika Shrine, celebrates Fela’s Afrobeats legacy

    Deejays disown report of Burna Boy’s music ban

    Burna Boy is Africa’s best-selling artiste with 14.46m equivalent album units

    Tems makes history as first African female artiste to clinch Diamond single in U.S.

    MTN gives 20 startups N5m each in Cloud Accelerators programme

    MTN, Ultima offer N225m recording deal, others to Next Afrobeat Star 2.0 winner

    NFC congratulates Funke Akindele as film ‘Behind The Scenes’ grosses over N2b at the box office

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    Deejays disown report of Burna Boy’s music ban

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    Nigeria–Congo World Cup dispute: Fresh speculation as DR Congo omits two controversial players

    Burna Boy, Shakira set to release FIFA World Cup song “Dai Dai”

    Mixed reactions trail Davido’s appointment as youth mobiliser for Adeleke’s re-election campaign

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    African Cultural Festival honours Nigeria’s Minister of Education as  ‘Man of the Year’

    African Cultural Festival honours Nigeria’s Minister of Education as  ‘Man of the Year’

    Nigeria: NECO releases 2026 SSCE results with 58.67% pass in  English, Maths

    Nigeria: NECO releases 2026 SSCE results with 58.67% pass in English, Maths

    Tinubu puts Nigeria back on global education leadership stage through GPE co-hosting – Minister

    Tinubu puts Nigeria back on global education leadership stage through GPE co-hosting – Minister

    Nigeria: FG moves to establish Armed Forces Medical College

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    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Amid backlashes, support rises for Minister’s repositioning efforts on King’s College

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    Sokoto Govt welcomes Nigeria-US joint airstrike on terrorists

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    Young Nigerians should drive positive change, not internet fraud – Olukoyede

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    Dying for the Story: Nigeria’s Journalists, One Death Too Many and the Families Left Behind

    Dying for the Story: Nigeria’s Journalists, One Death Too Many and the Families Left Behind

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    When Privacy Becomes Content: The Dangerous Normalisation of Leaked Private Conversations

    NSCDC parades suspended 24 officers over death of 37 suspected illegal miners in custody

    Access Bank to host Africa Trade Conference 2026

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    Nigeria: FG cancels mother tongue policy, declares English sole medium of instruction in schools

    Nigeria: Minister engages US university on transnational education partnerships

    Tinubu meets Vincent Bolloré with interests in Canal+, MultiChoice, Universal Music Group in Paris on expanded investment in Nigeria

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    Independence Day: Peace, development returning to Nigeria – Speaker Abbas

    Nigeria: FG, States, LGs share N2.094trn revenue for October 2025

    Nigeria needs coordinated action to curb displacement, farmer herder conflicts – Barau

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    African Cultural Festival honours Nigeria’s Minister of Education as  ‘Man of the Year’

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Home Law

EFCC arraigns four for alleged N91.7m, N3.4m fraud theft in Lagos

by Segun Otokiti
March 9, 2026
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WorldStage– The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 1, has arraigned four suspects – Adetunji Mathew, Victor Damilare Olaomo, Douglas Agorom Ikwugwu and Arowolo Adeniyi Abiodun – before different judges at the Lagos State High Court in Ikeja, Lagos, over alleged fraud and theft.

Mathew and Olaomo were arraigned before Justice O. A. Okunuga of the Lagos State High Court sitting in Ikeja on a five-count charge bordering on conspiracy to commit felony and stealing to the tune of N91,749,230 (Ninety-One Million, Seven Hundred and Forty-Nine Thousand, Two Hundred and Thirty Naira).

The offences are contrary to Sections 409 and 285 of the Criminal Law of Lagos State, 2011.

The other two suspects,   Ikwugwu and  Abiodun were arraigned before Justice Olubunmi Abike-Fadipe of the Special Offences Court sitting in Ikeja on a five-count charge bordering on conspiracy, stealing and retention of proceeds of crime, contrary to Sections 409 and 285 of the Criminal Law of Lagos State, 2011.

One of the counts against Mathew reads: “That you, ADETUNJI MATHEW TEMIDAYO, sometime between 2024 and 2025 in Lagos, within the jurisdiction of this Honourable Court, while being the accountant of God’s Touch Apartment and Hotels, dishonestly converted to your own use an aggregate sum of N64,764,830 (Sixty-Four Million, Seven Hundred and Sixty-Four Thousand, Eight Hundred and Thirty Naira), property of God’s Touch Apartment and Hotels.”

Another count against Olaomo reads: “That you, VICTOR DAMILARE OLAOMO, sometime between 2024 and 2025 in Lagos, within the jurisdiction of this Honourable Court, while being the accountant of God’s Touch Apartment and Hotels, dishonestly converted to your own use the sum of N26,082,400 (Twenty-Six Million, Eighty-Two Thousand, Four Hundred Naira), property of God’s Touch Apartment and Hotels.”

One of the charges against Ikwugwu reads: “That you, Douglas Agorom Ikwugwu, sometime in June 2025 in Lagos, within the jurisdiction of this Honourable Court, whilst being the Duty Manager at God’s Touch Apartment Hotel, dishonestly stole and converted to your own use an aggregate sum of N1,966,000 (One Million, Nine Hundred and Sixty-Six Thousand Naira), property of God’s Touch Apartment Hotel.”

The charge against Abiodun reads: “That you, Arowolo Adeniyi Abiodun, sometime in June 2025 in Lagos, within the jurisdiction of this Honourable Court, whilst being the Auditor at God’s Touch Apartment Hotel, dishonestly stole and converted to your own use the sum of N1,500,000 (One Million, Five Hundred Thousand Naira), property of God’s Touch Apartment Hotel.”

The defendants pleaded not guilty to the charges when they were read to them.

Following their plea,  prosecuting counsel, B. M. Isah and U. S. Kyari, prayed the court for trial dates and urged the court to remand the defendants in a Correctional facility pending trial. Isah further informed the court that the prosecution had been served with a bail application filed by the first defendant, Mathew.

Counsel to the first defendant, I. A. Salau did not oppose the request for a trial date but informed the court that he had filed a motion for bail and urged the court to grant the defendant bail on  liberal terms.

Justice Okunuga subsequently ordered that Mathew and Olaomo be remanded in a Correctional facility and adjourned the matter till March 17, 2026, for the hearing of the bail application.

Justice Abike-Fadipe, on her part, adjourned the case involving Ikwugwu and Abiodun till March 16, 2026, for hearing of their bail application and May 20, 2026, for the commencement of trial.

Tags: EFCC
Segun Otokiti

Segun Otokiti

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