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🇳🇬 Nigeria /Crime & Justice

EFCC Arraigns Two in Lagos over Alleged £110,000 and N500 Million Fraud

From Premium Times · () English

Translated from English and summarized by DistantNews. Read the original for the full story.

At a glance

News Official statement In the courts
  • Nigeria’s Economic and Financial Crimes Commission arraigned Ali Bala and Yusuf Umar Anka in Lagos over alleged fraud involving £110,000 and 500 million naira.
  • The defendants pleaded not guilty to charges including money laundering, stealing and retaining stolen property.
  • The court scheduled a hearing on their bail applications for September 8 and ordered that they remain in EFCC custody until then.

The Economic and Financial Crimes Commission has arraigned Ali Bala and Yusuf Umar Anka before the Lagos State High Court in Ikeja over alleged fraud involving £110,000 and 500 million naira.

The defendants appeared before Justice Olukayode Ogunjobi on charges including money laundering, stealing and retaining stolen property. One count alleges that they carried out financial transactions in Lagos in 2025 to conceal the source of £110,000 allegedly stolen. The EFCC said the alleged offence contravened Nigeria’s Advance Fee Fraud and Other Fraud Related Offences Act of 2006.

Bala, also known as Barrister Ahmed, and Anka pleaded not guilty. Prosecutor H.U. Kofarnaisa asked the court to adjourn the case for trial and sought an order remanding the defendants in a correctional facility. Their lawyer said bail applications had already been filed.

Justice Ogunjobi set September 8 for the bail hearing and ordered that both men remain in EFCC custody until then.

About this summary

Originally published by Premium Times in English. Translated, summarized, and contextualized automatically by DistantNews, with a note on how the source frames the story. Not individually reviewed before publishing. How this works.

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