EFCC Charges Abraham Idowu Abiara with $626,282 Fraud

The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 1, Ikoyi, has arraigned Abraham Idowu Abiara before the Lagos State high court sitting in Ikeja for an alleged fraud involving $626,282. The charge against Abiara includes a one-count accusation of stealing and dishonest conversion of funds, stating that he dishonestly converted the sum for his own use on or about September 2, 2015, in Lagos.
This action is said to contravene section 280(2) and is punishable under section 287 of the criminal law of Lagos State 2015. Upon reading the charge, Abiara pleaded not guilty.
Following his plea, the EFCC prosecution counsel, C.C. Okezie, requested a trial date.
Justice Ismail Ijelu subsequently adjourned the case to October 26, 2026, and ordered that Abiara be remanded in a correctional facility until a bail application is heard.
Plus234Feed summary based on reporting from Blueprint. Read the original report below.
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