EFCC Arraigns Three Over Alleged N156.9m Fraud, Money Laundering in Lagos
The Economic and Financial Crimes Commission (EFCC) has arraigned three defendants over alleged stealing, conspiracy, fraudulent conversion and money laundering involving N156,922,521.70 before the Federal High Court in Lagos.
The defendants, Chukwu Amaka Goodness, Ajijie Ferdinand Eri and Enyeribe Precious, were arraigned on Friday, November 6, 2026, before Justice D.I. Dipeolu of the Federal High Court sitting in Ikoyi, Lagos.
According to the 14-count charge, Goodness and Eri were accused of conspiring to retain N75 million in an account domiciled with Moniepoint Microfinance Bank and another N38.36 million in an account with Zenith Bank Plc, allegedly knowing that the funds were proceeds of unlawful activities.
The charges against the two defendants include conspiracy and retention of suspected proceeds of stealing, contrary to Section 21(a) of the Money Laundering (Prohibition and Prevention) Act, 2022.
The third defendant, Precious, was accused of fraudulently converting household electronics worth N7.823 million, belonging to Bonnibel Ugochi, to her personal use between February 21 and March 2, 2026.
The charge stated that the electronics belonged to Edet Eyo, while identifying Bonnibel Ugochi as the property owner. The alleged offence contravenes Sections 383 and 390 of the Criminal Code Act.
When the charges were read to them, Goodness and Eri pleaded not guilty to 13 counts but admitted guilt to the remaining count. Precious also pleaded guilty to the charge against her.
Following their pleas, prosecution counsel, Suleiman I. Suleiman, requested a trial date and urged the court to remand the defendants in correctional facilities.
Justice Dipeolu subsequently adjourned the case until November 18 and 20, 2026, for the commencement of trial involving Goodness and Eri, and a review of facts in the case against Precious.
The judge ordered that Eri be remanded at the Ikoyi Correctional Centre, while Goodness and Precious were remanded at the Kirikiri Correctional Centre.
The case is expected to continue on the adjourned dates.
EFCC Arraigns Three Over Alleged N156.9m Fraud, Money Laundering in Lagos