EFCC Arraigns Man, Company Over Alleged N23 Million Theft in Lagos

Published on 26 November 2025 at 10:14

Reported by: Ijeoma G | Edited by: Henry Owen

Lagos, Nigeria – The Economic and Financial Crimes Commission (EFCC) has arraigned Oti Jonathan Idowu and his company, Boundless Multi Service Solution Nigeria Limited, over allegations of stealing N23 million. The arraignment took place on Tuesday, November 25, 2025, at the Lagos State High Court, Ikeja, before Justice O.A. Okunuga.

Idowu and his company face 11-count charges involving the theft of money from multiple individuals. Among the charges, the defendants allegedly stole N5 million from Nneoma Okebugwu on March 30, 2021, and N3 million from Umar Lukmon Agbomhere on July 24, 2020, through Umaru Salmot. The offences are punishable under Sections 278(1)(f) and 285(1) of the Lagos State Criminal Law, 2011.

When the charges were read, Oti Jonathan Idowu pleaded “not guilty”.

The prosecution counsel, A.M. Dambuwa, requested that the court set a trial date and remand the first defendant in a correctional facility. In response, defense counsel, I.O. Lala, noted a pending bail application and asked for a date for its hearing.

Justice Okunuga adjourned the case to December 3, 2025, for the hearing of the bail application. The date for the commencement of the trial will also be determined on the same day. The court ordered that Oti Jonathan Idowu be remanded at the Ikoyi Correctional Centre pending further proceedings.

This case highlights the EFCC’s ongoing efforts to clamp down on financial crimes in Lagos State, reinforcing the message that perpetrators of fraud and theft will face legal consequences.


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