EFCC arraigns businessman over alleged N64m fraud in Anambra

The Economic and Financial Crimes Commission (EFCC) has arraigned 29-year-old businessman Chizoba Emmanuel Dilo in the Enugu State High Court for an alleged N64 million fraud. Dilo is accused of fraudulently converting large sums of money belonging to Chinedu Obaino for personal use. He pleaded not guilty and was remanded in custody pending the perfection of his bail conditions set at N10 million. The case has been adjourned to May 26, 2026, for trial.