EFCC Charges Andrew Odekina with N9.87m Theft

The Economic and Financial Crimes Commission (EFCC) has brought Andrew Odekina before the Special Offences Court sitting in Ikeja, Lagos, on charges of theft amounting to N9,873,215.00. The arraignment took place on Wednesday, where Justice Dada Mojisola presided over the case.

Odekina faces a count charge related to retaining the stolen funds in a First City Monument Bank (FCMB) account. The charges are in violation of Section 17(b) of the EFCC Establishment Act of 2004.

The prosecution indicated that the sum is part of a larger fraudulent scheme involving N3.09 billion, which was obtained through unauthorized access to bank accounts using digital platforms. During the proceedings, Odekina pleaded not guilty to the charges.

Prosecuting counsel Babatunde Sonoiki requested a trial date and urged the court to remand Odekina in custody pending the trial, noting that Odekina had no legal representation during the proceedings.