Justice Rahmon Oshodi of a Lagos State High Court has ordered the remand of an accountant, Oguibe Nwachukwu, who was arraigned by the Economic and Financial Crimes Commission for alleged theft of N200m, to the Kirikiri Correctional Centre.
The EFCC, in a statement shared on Facebook on Monday, disclosed that the defendant, alongside his company, is facing 13 counts bordering on stealing.
According to the EFCC, Nwachukwu, in 2020, allegedly converted the sum of $36,000, which was entrusted to him by his former employer, Travelstar Web Logistics Limited.
The EFCC added in another count that the suspect had also allegedly converted the sum of $156,000 belonging to the same company for personal use between January and July 2018.
The statement read in part, “That you, Oguibe Promise Nwachukwu, being the alter ego of Wifamapp Royalty Global Limited and Wifamapp Royalty Global Limited, being a company incorporated in Nigeria sometime in March, 2020 in Nigeria, within the Judicial Division of this Honourable Court, dishonestly converted to your own use the sum of $36,000 property of Travelstar Web Logistics Limited entrusted to you, being the custodian as an accountant to the Travelstar Web Logistics Limited, thereby committed an offence stealing, contrary to Section 280(1) (b) and (2) (f) and 287 of the Criminal Law of Lagos State, 2015.
“That you, Oguibe Promise Nwachukwu, being the alter ego of Wifamapp Royalty Global Limited and Wifamapp Royalty Global Limited, being a company incorporated in Nigeria sometime between January 29, 2018 and July, 2018 in Nigeria, within the Judicial Division of this Honourable Court, dishonestly converted to your own use the sum of $156,000 property of Travelstar Web Logistics Limited entrusted to you, being the custodian as an accountant to the Travelstar Web Logistics Limited, thereby committed an offence Stealing, contrary to Section 280(1) (b) and (2) (f) and 287 of the Criminal Law of Lagos State, 2015.”
The defendant was said to have pleaded not guilty when the charges were read against him.
The EFCC noted that following his plea, the prosecution counsel, A.A. Usman, prayed the court for a trial date and that the suspect should be remanded in the EFCC’s custody.
The statement noted that the defendant’s attorney argued there was a pending bail application and requested the court to remand his client in EFCC custody.
“The defence counsel, Kelvin C. Uzozie, informed the court of a pending bail application on behalf of his client and also pleaded that the defendant be remanded in the EFCC custody.
“After listening to both parties, Justice Oshodi adjourned till October 17, 2025, for the hearing of the bail application and also ordered the remand of the defendant at the Correctional Centre, Kirikiri, Lagos,” the statement concluded.
The EFCC has in recent times prosecuted high-profile financial fraud cases involving public officials.
PUNCH Metro reported on January 17 that the EFCC arraigned an ex-Accountant General of the Federation, Anamekwe Nnabuoku, for alleged fraud amounting to N1.9 billion.
Similarly, in April 2025, the EFCC arraigned the Accountant General of Bauchi State for alleged fraud totalling N8.3bn.
These cases highlight the EFCC’s ongoing efforts to tackle large-scale financial crimes involving custodians of public resources.
