EFCC Charges Three Businessmen with N84.8m Theft

The Economic and Financial Crimes Commission (EFCC) has arraigned three businessmen—Adamu Yahuza, Sulaiman, and Rasaq Garba—before Justice Rahman Oshodi at the Special Offences Domestic Violence Court in Ikeja, Lagos. They are accused of stealing a total of N84,870,000.

The charges include conspiracy to steal and obtaining money under false pretenses, with the alleged offenses occurring on August 18, 2023. The defendants are accused of intending to defraud Auwalu Ibrahim by stealing the aforementioned sum, which represents the purchase price for 225,000 liters of petroleum products.

The charges are in violation of Section 409 of the Criminal Law of Lagos State 2011 and the Advance Fee Fraud and Other Fraud Related Offences Act No. 14 of 2006. All three defendants pleaded not guilty to the charges when they were read in court.