EFCC Arraigns Company Accountant for Alleged N200m Theft in Lagos

‎The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, on Monday, October 6, 2025, arraigned one Oguibe Promise Nkwachukwu and his company, Wifamapp Royalty Global Limited, on a 13-count charge bordering on stealing before Justice R.A. Oshodi of the Lagos State High Court sitting in Ikeja, Lagos.

Specifically, he was arraigned for allegedly stealing the sum of N200,000, 000( Two Hundred Million Naira) while serving as an accountant of Travelstar Web Logistics Limited

One of the counts reads: “That you, Oguibe Promise Nkwachukwu, being the alter ego of Wifamapp Royalty Global Limited and Wifamapp Royalty Global Limited, being a company incorporated in Nigeria sometime in March, 2020 in Nigeria, within the Judicial Division of this Honourable Court, dishonestly converted to your own use the sum of $ 36,000 (Thirty Six Thousand United States America Dollars), property of Travelstar Web Logistics Limited entrusted to you, being the custodian as an accountant to the Travelstar Web Logistics Limited, thereby committed an offence stealing, contrary to Section 280(1) (b) and (2) (f) and 287 of the Criminal Law of Lagos State, 2015.”

Another count reads: “That you, Oguibe Promise Nkwachukwu, being the alter ego of Wifamapp Royalty Global Limited and Wifamapp Royalty Global Limited, being a company incorporated in Nigeria sometime between 29th January, 2018 and July, 2018 in Nigeria, within the Judicial Division of this Honourable Court, dishonestly converted to your own use the sum of $ 156,000 (One Hundred and Fifty Six Thousand United States America Dollars), property of Travelstar Web Logistics Limited entrusted to you, being the custodian as an accountant to the Travelstar Web Logistics limited, thereby committed an offence Stealing, contrary to Section 280(1) (b) and (2) (f) and 287 of the Criminal Law of Lagos State, 2015.”

He pleaded “not guilty” to the charges when they were read to him.

Following his plea, prosecution counsel,A.A. Usman, asked the court for a trial date for the prosecution to open its case and also prayed the court to remand the suspect at a Correctional Centre.

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The defence counsel, Kelvin C. Uzozie, informed the court of a pending bail application on behalf of his client and also pleaded that the defendant be remanded in the EFCC custody .

After listening to both parties, Justice Oshodi adjourned till October 17, 2025 for the hearing of the bail application and also ordered the remand of the defendant at the Correctional Centre, Kirikiri, ,Lagos.