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EconomicNigeria·2 Nov 2026

EFCC arraigns man and company for N12.5bn fraud in Lagos

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The Economic and Financial Crimes Commission (EFCC) arraigned Adonu Kingsley Ifeanyi and his firm, S Mobile Netzone Limited, before the Federal High Court in Lagos on five counts of stealing and obtaining N12.56 billion by false pretence. The charges followed an EFCC investigation into illegal investment schemes, which had previously led the commission to…

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Premium Times Nigeria
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