EFCC arraigns two for alleged £110,000, ₦500m fraud in Lagos
The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCC) on Friday arraigned Ali Bala and Yusuf Umar Anka before Justice Olukayode Ogunjobi of the State High Court sitting in Ikeja, Lagos, for an alleged £110,000 and ₦500 million fraud. The defendants are standing trial on a 10-count charge bordering on money […] The post EFCC arraigns two for alleged £110,000, ₦500m…
The Economic and Financial Crimes Commission (EFCC) in Lagos has arraigned two individuals, Ali Bala and Yusuf Umar Anka, on charges of £110,000 and ₦500 million fraud. The defendants are currently standing trial on a 10-count indictment that includes allegations of money laundering, stealing, and retaining stolen property. Bala and Anka have pleaded "not guilty" to the charges.
The court has adjourned the matter to September 8, 2026, for the hearing of a bail application, with the defendants being remanded in EFCC custody pending the hearing.
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