EFCC drags company, two others before Lagos court over alleged N560m theft

The Economic and Financial Crimes Commission (EFCC) arraigned Olivia Dike, Azeez Muniru Siyanbola, and Eniafelamo Global Seven Nigeria Limited before the Lagos State High Court in Ikeja for the alleged theft of N560 million. The defendants are accused of dishonestly converting funds belonging to Peachland West Africa Limited and Lyke Stephen Okpaji between July 2024 and February 2025. They pleaded not guilty, and the case was adjourned to July 10, 2026, for hearing of bail application and trial commencement. The court ordered the first defendant remanded in a female custodial centre and the second in a maximum security correctional facility.