Businesswoman arraigned by the EFCC for alleged $700,000, N190m fraud In Lagos

Businesswoman arraigned by the EFCC for alleged $700,000, N190m fraud In Lagos

The Economic and Financial Crimes Commission (EFCC) has arraigned a businesswoman in Lagos for alleged $700,000, N190m fraud on Thursday.

Adekemi Folorunsho was arraigned by the anti-corruption Agency before Justice O.O. Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos on a three- count charge bordering on obtaining money by false pretence, conspiracy and stealing to the tune of $700,000 and N190,000,000.

According to the EFCC: “The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Thursday, July 3, 2025, arraigned Adekemi Folorunsho before Justice O.O. Abike-Fadipe of the Special Offences Court sitting in Ikeja, Lagos.

“He was arraigned on a three- count charge bordering on obtaining money by false pretence, conspiracy and stealing to the tune of $700,000 and N190,000,000.00 fraud.

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