EFCC arraigns individuals in Lagos theft case and Port Harcourt land‑fraud case
The Economic and Financial Crimes Commission brought two separate arraignments: one for an alleged N560 million theft in Lagos and another for a land‑fraud scheme involving two brothers in Port Harcourt.
The Economic and Financial Crimes Commission (EFCC) arraigned two people on charges of alleged N560 million theft in Lagos, according to premiumtimes. In a separate proceeding, the EFCC also arraigned two brothers, Cypril Nwalaezi and Smart Chinedu Nwalaezi, before Justice S. D. Pam in the Federal High Court in Port Harcourt, Rivers State, on an amended five‑count charge involving conspiracy and obtaining money under false pretences totaling N3.2 million, as reported by saharareporters.com.
The land‑fraud case, detailed by saharareporters.com, involved the resale of the same parcels of land to multiple buyers after the initial buyer had paid millions of naira. The parcels were located along Umuasukpo Farm Road in Igbo‑Etche, Etche Local Government Area.
Both arraignments were conducted by the EFCC, with the Lagos case focusing on a large‑scale theft allegation and the Port Harcourt case centering on fraudulent land transactions.
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