The Economic and Financial Crimes Commission (EFCC) has reaffirmed its resolve to combat economic and financial crimes with the arraignment of a suspect over an alleged N150 million frauds in Delta State.
The suspect, Ndubuisi Iheukwumere John, was arraigned on Monday, January 26, 2026, by the Benin Zonal Directorate of the EFCC before Justice Agbaje Olufunmilola Adetutu of the Federal High Court sitting in Asaba.
John is facing a two-count charge bordering on advance fee fraud and obtaining money by false pretence to the tune of N150 million. According to the EFCC, the defendant allegedly conspired with others who are currently at large to defraud a victim under the guise of selling a parcel of land located at Ewulu Community in Delta State.
One of the charges states that the defendant and his alleged accomplices conspired in November 2024 to commit the offence of obtaining by false pretence, contrary to provisions of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006. Another charge alleges that between December 1 and 7, 2024, the defendant fraudulently obtained N150 million from the complainant as purported payment for land that was falsely represented.
The defendant pleaded not guilty to the charges. Following his plea, the prosecution counsel, Francis Jirbo, applied for a trial date and requested that the defendant be remanded in a correctional facility, while the defence counsel sought bail, noting that the offences are bailable.
In her ruling, Justice Adetutu granted the defendant bail in the sum of N5 million with two sureties in like sum. The court ordered that one of the sureties must own landed property with valid title documents, to be verified by the court registrar in collaboration with EFCC operatives. The defendant was also directed to submit a certified statement of his bank account to the court.
The case was adjourned to March 16, 2026, for the commencement of trial.
According to the Head, Media and Publicity of EFCC, Dele Oyewale, the arraignment underscores the EFCC’s continued efforts to ensure accountability and protect Nigerians from fraudulent schemes, as the Commission intensifies its drive to curb financial crimes across the country.
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