EFCC arraigns man over alleged N25.6m fraud

By Imisioluwa Afunmiso

The Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) has arraigned Mohammed Abdullahi Korimi before the Borno State High Court over an alleged fraud involving N25,647,000.

Korimi was arrested on Thursday, April 16, 2026, before Justice Aisha Kumaliya on a 2 count charge bordering on criminal misappropriation and obtaining by false pretence.

According to the charge, the defendant allegedly obtained 400 bags of beans valued at N25,647,000 from Maina Hassan Madube in July 2025 under the pretext of supplying the goods to customers in Sango-Ota, Ogun State, with a promise to make payment within one week.

The prosecution told the court that the representation made by the defendant was false and contravenes Section 1(1) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006, punishable under Section 1(3) of the same Act.

Korimi, however, pleaded not guilty to the charges following his plea, prosecution counsel, S.O. Saka, urgeing the court to fix a date for trial and remand the defendant in a correctional facility pending the determination of the case.

In her ruling, Justice Kumaliya adjourned the matter till April 22, 2026, for hearing of the bail application and ordered that the defendant be remanded at the Maiduguri Maximum Correctional Facility.

The EFCC stated that the case stems from allegations that the defendant fraudulently obtained the goods under false pretence and failed to fulfil the agreed payment terms reaffirming it commitment to curbing fraud across the state .