The Economic and Financial Crimes Commission (EFCC), on Monday, arraigned Otobor Geoffrey Onajefe on a two-count charge bordering an alleged conspiracy and stealing to the tune of ₦37,440,000.00 before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos.
This was revealed in a statement on Monday by Dele Oyewale, Head of Media & Publicity of the EFCC.
According to the statement, Count one reads: “Otobor Geoffrey Onajefe and Philip Otahre Onobrakpe (at large), sometime in 2023 at Lagos, within the jurisdiction of this Honourable Court, conspired to defraud Omotayo Olumide Oyebanji and Mr. Ernest Adeii the sum of ₦37,440,000.00 (Thirty-Seven Million, Four Hundred and Forty Thousand Naira).”
Count two reads: “Otobor Geoffrey Onajefe and Philip Otahre Onobrakpe (at large), sometime in 2023 at Lagos, within the jurisdiction of this Honourable Court, dishonestly converted for their own use the sum of ₦37,440,000.00 (Thirty-Seven Million, Four Hundred and Forty Thousand Naira) belonging to Omotayo Olumide Oyebanji.”
The accused pleaded “not guilty” to the charges when they were read to him.
Following his plea, prosecuting counsel T. J. Banjo requested a trial date and lodged the prisoner in a detention facility.
S. Danni, the defense attorney, informed the court of a bail application dated February 6, 2026, and filed the same day.
He also informed the court that the application had been served to the prosecution.
He also informed the court that the prosecution would file a response on points of law, citing the earlier difficulty in obtaining the defendant’s appearance for his arraignment.
After hearing from both parties, Justice Dada adjourned the case until February 26, 2026, and ordered that the defendant be remanded in a correctional center for further proceedings.
