By ADENIKE AYODELE

The Economic and Financial Crimes Commission (EFCC) on Tuesday, re-arraigned five family members at an Ikeja Special Offences Court for allegedly stealing N242.4 million.

The accused are Chisom Obiakor, Daniel Obiakor, Anthony Obiakor, Precious Nwokemodo and Ifeanyi Nwokemodo, brought before Justice Mojisola Dada.

The case began afresh before Justice Rahman Oshodi but was later transferred to Justice Dada for re-arraignment.

The defendants were re-arraigned on a seven-count charge bordering on conspiracy and stealing.

They all pleaded not guilty to the charges.

EFCC counsel, Mrs. Anita Imo, told the court the alleged offences occurred between Jan. 1, 2021 and Sept. 14, 2022.

She alleged that Chisom, while employed by Just Kings and Real Kings Nigeria Ltd., stole goods worth N242.4 million.

Imo claimed Chisom shared the proceeds with her father, Daniel; brother, Anthony; sister, Precious; and brother-in-law, Ifeanyi.

Daniel allegedly received N10 million, Precious N24.5 million, Anthony N10 million, and Ifeanyi N400,000.

The offences allegedly violate Section 328(1) and are punishable under the Criminal Law of Lagos State, 2015.

After their plea, the judge granted bail as requested by the defence, except for the fifth defendant, who was denied bail.

Justice Dada adjourned the matter to Nov. 3 for the commencement of trial. (NAN)