EFCC charges man for N72.4m fraud, court grants him N25m bail

Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos, has granted bail in the sum of N25m to one Onoja Peter.

The accused is being prosecuted by the Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, on a six-count charge bordering on an alleged fraud to the tune of N72,449,000.

According to the Commission, Onoja was first arraigned on December 1, 2022.

EFCC unveiled that “He is currently accused of stealing the said money belonging to the National Union of Food Beverages and Tobacco Employee, NUBTE, an offence contrary to Section 278 (1) (a) and (b) and Section 285 (1) of the Criminal of Lagos State of Nigeria 2021.”