EFCC arraigns businessman, firm over alleged N23m theft in Lagos

News Express |26th Nov 2025 | 64
EFCC arraigns businessman, firm over alleged N23m theft in Lagos

EFCC operatives




The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission (EFCC), Okotie Eboh, Ikoyi, on Tuesday, November 25, 2025, arraigned a businessman, Oti Jonathan Idowu, before Justice O. A. Okunuga of the Lagos State High Court sitting in Ikeja, for allegedly stealing a total sum of N23 million.

Idowu was docked with his company, Boundless Multi Service Solution Nigeria Limited, on an 11-count charge bordering on stealing.

One of the charges alleged that Idowu and his company, on March 30, 2021, stole N5 million belonging to one Nneoma Okebugwu, an offence said to violate Section 278(1)(f) and punishable under Section 285(1) of the Lagos State Criminal Law, 2011.

Another count accused the defendants of unlawfully taking the sum of N3 million on July 24, 2020, property of Umar Lukmon Agbomhere, obtained through one Umaru Salmot.

The defendant pleaded not guilty to all charges.

Following the plea, prosecution counsel A. M. Dambuwa requested a date for trial and applied for the remand of the first defendant in a correctional facility.

Defence counsel I.O. Lala informed the court of a pending bail application and sought a date for its hearing.

Justice Okunuga adjourned the matter to December 3, 2025, for hearing of the bail application, noting that the date for commencement of trial would also be set on that day.

The court ordered that Idowu be remanded at the Ikoyi Correctional Centre pending further proceedings. (The Nation)




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Wednesday, November 26, 2025 5:11 AM
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