EFCC Arraigns Three Suspects Over Alleged N156.9m Fraud in Lagos
The Economic and Financial Crimes Commission (EFCC) has arraigned three defendants over an alleged fraud involving N156.9 million before the Federal High Court sitting in Ikoyi, Lagos.
The defendants, Chukwu Amaka Goodness, Ajijie Ferdinand Eri and Enyeribe Precious, were arraigned on Friday, November 6, 2026, by the EFCC Lagos Zonal Directorate 2, before Justice D.I. Dipeolu.
They are facing a 14-count charge bordering on alleged stealing, conspiracy, fraudulent conversion and money laundering involving a total sum of N156,922,521.70.
According to the charge, Goodness and Eri allegedly conspired in March 2025 to retain N75 million in an account domiciled with Moniepoint Microfinance Bank, as well as another N38.36 million in an account with Zenith Bank Plc. The EFCC alleged that the funds were proceeds of unlawful activities.
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.
When the charges were read, the first and second defendants pleaded not guilty to 13 counts but admitted guilt to the remaining count.
Precious, on her part, pleaded guilty to the charge preferred against her.
Following their pleas, prosecution counsel, Suleiman I. Suleiman, requested a trial date and urged the court to remand the defendants in a correctional facility.
Justice Dipeolu 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 sent to the Kirikiri Correctional Centre.
