By Erewunmi Peace

The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 2, has arraigned an accountant, Oguibe Promise Nkwachukwu, and his firm, Wifamapp Royalty Global Limited, before Justice R.A. Oshodi of the Lagos State High Court sitting in Ikeja, for alleged involvement in the theft of ₦200 million.

Nkwachukwu, who served as an accountant with Travelstar Web Logistics Limited, was arraigned alongside his company on a 13-count charge bordering on stealing, fraudulent conversion, and obtaining by false pretence.

According to the EFCC, investigations revealed that the defendant allegedly diverted a total sum of ₦200 million belonging to his employer for personal use. The offences are said to contravene Section 287 of the Criminal Law of Lagos State.

When the charges were read to him, the defendant pleaded not guilty.

Prosecution counsel, Sulaiman I. Sulaiman, asked the court for a trial date and requested that the defendant be remanded in a correctional facility pending trial. However, defence counsel applied for bail, which the court granted under certain conditions.

Justice Oshodi adjourned the matter for further hearing.

The EFCC reiterated its commitment to ensuring accountability and integrity in corporate financial practices across Nigeria.