RismadarVoice Reporters, April 2 , 2026
The Economic and Financial Crimes Commission (EFCC) has arrested a company representative, Kofoworola Motunrayo Kolawole, over an alleged fraud involving N993,247,796.70.
Kolawole, 37, was apprehended by operatives of the Ilorin Zonal Directorate following a petition by Predictus Remit Limited, a subsidiary of Fairmoney Microfinance Bank.
According to the EFCC, the suspect, alongside two company directors identified as Duru Ogadima and Talukder Muhammed Khalidur Rahman both currently at large and their firm, DKK Partners Limited, allegedly obtained the funds under the pretext of facilitating a foreign exchange transaction.
The commission said the amount was received on November 25, 2025, with an agreement to remit its dollar equivalent of $675,219.44.
However, preliminary investigations revealed that the suspects allegedly diverted the funds after receiving them through a Providus Bank account.
The EFCC further disclosed that the money was converted into digital currency and allegedly used for personal purposes instead of executing the agreed transaction.
Investigations are ongoing as the anti-graft agency intensifies efforts to apprehend the fleeing suspects.
