The Economic and Financial Crimes Commission (EFCC) on Wednesday arraigned two suspects, Abdullahi Musa and Abdullahi Isah, before the Special Offences Court sitting in Ikeja, Lagos, over an alleged N42 million fraud.
The defendants were brought before Justice Olubunmi Abike-Fadipe on a two-count charge bordering on conspiracy and stealing.
Prosecuting counsel, M.K. Bashir, told the court that the accused, alongside others still at large, conspired to commit the offence in October 2024.
He alleged that the duo fraudulently obtained N42,000,000 from the complainant, Ismail Rabiu, and subsequently converted the funds to personal use.
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According to the EFCC, the alleged offences contravene Sections 284 and 285 of the Criminal Law of Lagos State, 2011.
Both defendants, however, pleaded not guilty to the charges.
Following their plea, the prosecution urged the court to remand them in a correctional facility pending trial and to fix a date for hearing.
Defence counsel, K.K. Williams and I. Bakare, informed the court of pending bail applications and appealed for liberal bail conditions for their clients.
Justice Abike-Fadipe ordered that the defendants be remanded in a correctional centre and adjourned the case until April 14, 2026, for further hearing.
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