Two defendants, Olivia Dike and Azeez Siyanbola, have been remanded by a Lagos State High Court sitting in Ikeja over their alleged involvement in the theft of ₦560 million.
The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission (EFCC) arraigned the duo alongside a company, Eniafelamo Global Seven Nigeria Limited, on a three-count charge bordering on stealing.
They were brought before Justice R.O. Oshodi over allegations that they, alongside others still at large, dishonestly converted a total sum of ₦560 million belonging to Peachland West Africa Limited and Iyke Stephen Okpaji for personal use between July 2024 and February 2025 in Lagos.
One of the counts stated that the defendants, including one Taoheed Lekan Abdrahman (now at large), conspired to commit the offence within the jurisdiction of the court, in violation of Sections 278(1)(b) and 285(9) of the Criminal Law of Lagos State, 2011.
After the charges were read to them in court on Monday, all the defendants pleaded not guilty.
Following their plea, prosecution counsel Nnaemeka Omewa requested a trial date and urged the court to remand the defendants in a correctional facility pending trial.
Justice Oshodi adjourned the case to July 10, 2026, for hearing of the bail application and commencement of trial.
The court also ordered that the first defendant be remanded in a female custodial centre, while the second defendant was remanded in a maximum security correctional facility.