EFCC Arraigns Olusegun Lawal Over N30m Fraud Case

On Wednesday, the Economic and Financial Crimes Commission (EFCC) arraigned Olusegun Lawal at the Special Offences Court in Ikeja, Lagos, over allegations of a N30 million fraud related to the purported sale of a Mercedes Benz vehicle. Lawal faced five counts of charges, including stealing, obtaining by false pretenses, and issuing dishonored cheques, which contravene various sections of the Criminal Law of Lagos State 2011 and the Advance Fee Fraud and Other Fraud Related Offences Act No. 14 of 2006.

The charges state that on March 3, 2020, within the jurisdiction of the court, Lawal, trading under the name Faveo Auto Solutions, intended to defraud HSLM Trust Associates by obtaining N30 million, representing the cost of a Mercedes Benz vehicle. Lawal pleaded not guilty to the charges when read, and the prosecuting counsel, U.S.

Kyari, urged the court to set a trial date while Lawal was remanded in custody pending the trial.