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EFCC arraigns woman for N240.5m forex fraud
['Ganiyu Mubarak', 'The Eagle Online']
The Eagle Online
The female suspect was alleged to have dishonestly converted to personal use the sum of N124 million out of N240.5 million entrusted to her.
The money was entrusted to Bamaiyi by one Bright Okubo for foreign exchange conversion.
Attah (SAN) prayed the court to grant his client bail on self-recognition and on liberal terms, citing her status as a single mother of a two-year-old child.
He further ordered that the defendant deposited her passport with the EFCC and be remanded in Suleja Correctional Centre pending the fulfilment of her bail conditions.
The case was adjourned till December 2 and 3, 2025 for trial.