EFCC Arraigns Former NRC MD Fidet Okhiria for Fraud

Fidet Okhiria, the former Managing Director of the Nigerian Railway Corporation (NRC), was arraigned by the Economic and Financial Crimes Commission (EFCC) on Tuesday before Justice Rahman Oshodi at the Special Offences Court in Ikeja, Lagos. He faces eight counts of fraud involving a total of ₦385 million.

The charges include money laundering and abuse of office, allegedly violating several sections of the Criminal Law of Lagos State 2011. When the charges were read, Okhiria pleaded not guilty.

Prosecuting counsel Abba Muhammad, SAN, requested the court to fix a trial date and remand Okhiria in custody pending the trial. Defense counsel Adebowal Kamoru requested a short adjournment to file a bail application.

The prosecution claims that Okhiria transferred ₦205,000 to a domiciliary account at Access Bank belonging to Ehimen Richard Okhiria and an additional ₦40,000 to a beneficiary in the Netherlands, constituting money laundering. Justice Oshodi ordered Okhiria to be remanded in the Nigerian Correctional Service pending the hearing of the bail application, with the case adjourned to May 13, 14, and 15, 2026, for trial continuation.