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Lagos: EFCC re-arraigns two over alleged £110,000, N500m fraud

The Economic and Financial Crimes Commission, EFCC, on Wednesday re-arraigned two men, Ali Bala and Yusuf Anka, before an Ikeja Special Offences Court over alleged fraud involving £110,000 and N500 million. The defendants were brought before Justice Olubunmi Abike-Fadipe on a 10-count charge bordering on money laundering, stealing and retention of stolen property. Both men […] Lagos: EFCC…

Lagos: EFCC re-arraigns two over alleged £110,000, N500m fraud

The Lagos State Police Command has apprehended three suspected armed robbers in connection with several high-value robbery operations, according to Commissioner of Police Fatai Tijani.

The arrests were made following actionable intelligence, with the suspects, aged between 26 and 31, apprehended at various locations in Lagos. Preliminary investigations link the trio to robberies that took place on August 23 and September 30 along the Ife Expressway in Osun State. During these incidents, authorities claim that approximately five vehicles were stolen, and valuables worth about N50 million were taken.

Tijani disclosed that one of the suspects, a 32-year-old ex-convict, made a confessional statement to the police. He alleged that the gang targeted a notable traditional ruler's vehicle after noticing it parked by the roadside. The suspect claimed he was taken to the location by another member of the gang and later dropped off in Lagos without realizing the bag containing the traditional ruler's money was in their vehicle.

The recovered vehicle, a Toyota van with registration number BDJ 180 AJ, was registered in Oyo State. The suspect, who joined the gang to raise funds for starting a business, expressed regret over his involvement and vowed never to engage in such activities again. Police are continuing their investigation to ascertain the full extent of the suspects' involvement and retrieve any remaining stolen vehicles, weapons, and additional gang members.

Written by urgent.news from Daily Post Nigeria's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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