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Crime & Justice

EFCC arraigns two in Lagos over alleged £110,000, N500 million fraud

Summary by Informed1 source

Summary

The EFCC has arraigned Ali Bala and Yusuf Umar Anka before a Lagos High Court over allegations tied to £110,000 and N500 million.

Highlights

  • The defendants were brought before Justice Olukayode Ogunjobi at the Lagos State High Court in Ikeja.
  • They faced 10 counts including money laundering, stealing and retention of stolen property.
  • EFCC said one count concerns financial transactions in 2025 that allegedly concealed the source of £110,000.
  • Bala and Anka pleaded not guilty.
  • The judge fixed 8 September for hearing on the bail applications and ordered that the defendants remain in EFCC custody until then.

Sources

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