Two Men Arraigned in Lagos for N42 Million Theft

On Wednesday, the Economic and Financial Crimes Commission (EFCC) arraigned two men, Abdullahi Musa and Abdullahi Isah, at the Special Offences Court in Ikeja, Lagos, over a suspected theft of N42 million. The defendants face two counts of conspiracy and theft, as presented by prosecuting counsel M.K.

Bashir. The alleged offense occurred in October 2024, where the defendants fraudulently obtained the sum of N42,000,000 belonging to the complainant, Ismail Rabiu, by dishonestly converting the funds.

The EFCC stated that the actions of the defendants contravened sections 284 and 285 of the Criminal Law of Lagos State, 2011. Both defendants pleaded not guilty to the charges.

Following their plea, the prosecuting counsel requested the court to set a trial date and remand the defendants in custody. Defense counsel K.K.

William Bakar filed a bail application, urging the court to grant bail to his clients. Justice Olubunmi Abik Fadip ordered the defendants to be remanded in custody and adjourned the matter until April 14, 2026, for a hearing.