EFCC ARRAIGNS THREE OVER ALLEGED ₦156.9M FRAUD IN LAGOS

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RismadarVoice Reporters
November 9, 2026

The Economic and Financial Crimes Commission (EFCC) has reportedly arraigned three defendants before the Federal High Court in Lagos over allegations of stealing, conspiracy, fraudulent conversion and money laundering involving ₦156.9 million.

The defendants, Chukwu Amaka Goodness, Ajijie Ferdinand Eri and Enyeribe Precious, appeared before Justice D. I. Dipeolu at the court’s Ikoyi division on Friday, November 6, 2026.

According to the commission’s account, the prosecution was initiated by its Lagos Zonal Directorate 2, with the allegations involving a total of ₦156,922,521.70.

One of the charges accused Goodness and Eri of conspiring in March 2025 to retain ₦75 million in an account maintained with Moniepoint Microfinance Bank.

The prosecution alleged that the money formed part of the proceeds of unlawful activities.

Another count accused the two defendants of conspiring to retain ₦38.36 million in a Zenith Bank account, allegedly knowing or having reasonable grounds to believe that the funds were proceeds of stealing.

The third defendant, Precious, was separately accused of fraudulently converting household electronics valued at ₦7.823 million, belonging to Bonnibel Ugochi, to personal use.

The alleged conversion reportedly occurred between February 21 and March 2, 2026.

During the proceedings, Goodness and Eri reportedly pleaded not guilty to 13 counts but admitted guilt on one count.

Precious also reportedly pleaded guilty to the charge brought against her.

Following the pleas, prosecution counsel, Suleiman I. Suleiman, requested dates for further proceedings and asked the court to remand the defendants to correctional facilities.

Justice Dipeolu subsequently adjourned the matter until November 18 and 20, 2026, for the commencement of trial and a review of facts relating to the guilty pleas.

The court reportedly ordered that Eri be remanded to the Ikoyi Correctional Centre, while Goodness and Precious were remanded to the Kirikiri Correctional Centre.

The defendants are expected to remain in custody pending further court proceedings or any subsequent order affecting their detention.

Although guilty pleas were reportedly entered on certain counts, the proceedings described do not establish that the court has delivered final convictions or imposed sentences.

The prosecution will continue in accordance with the court’s scheduled proceedings, while the allegations contested by the defendants remain subject to judicial determination.

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