EFCC Arraigns Three NRC Directors Over Alleged ₦2.04 Billion Fraud
By Erewunmi Peace
The Economic and Financial Crimes Commission (EFCC) has arraigned three directors of the Nigerian Railway Corporation (NRC) in a Lagos State High Court, Ikeja, over allegations of fraud and other related offences involving about ₦2.04 billion.
Directors Charged
Directors Charged
The accused, who were senior officials at the NRC, are:
- Felix Njoku – Director of Finance and Administration
- Benjamin Chinwuba Iloanusi – Director of Corporate Services
Oche Jerry • Ogbole‑Inalegwu – Director of Human Resources
Allegations and Court Appearance
The defendants were arraigned on multiple counts including fraud, money laundering, abuse of office, and unlawful enrichment. The charges relate to transactions allegedly involving about ₦2.04 billion, which the EFCC says are criminal proceeds.
At their first court appearance, the three accused pleaded not guilty to all counts.
The EFCC counsel informed the court that the commission had completed its investigations and subsequently filed the charges seeking justice.
Next Steps
The case has been adjourned, with the court scheduling further proceedings to hear arguments from both the prosecution and defence.
The development underscores ongoing efforts by Nigerian anti-corruption agencies to prosecute high-profile corruption cases and enhance accountability in federal agencies.
