EFCC arraigns NRC ex-MD over $385,000, N165m alleged fraud

EFCC Chairman Ola Olukoyede

The Economic and Financial Crimes Commission (EFCC), Ikoyi, Lagos, yesterday, arraigned former Managing Director of the Nigerian Railway Corporation (NRC), Fidet Okhiria Edetanle, before Justice Rahman Oshodi of the Special Offences Court, Ikeja, over alleged fraud involving $385,000 and N165,438,000.00.

Edetanle faces a seven-count charge bordering on money laundering, abuse of office, and unlawful enrichment.

The defendant pleaded not guilty to all the charges.

Abba Muhammad (SAN), who appeared for the prosecution, urged the court to fix a trial date and remand the defendant in a correctional facility pending trial.

Also, Adebowale Kamoru, counsel for the defendant, informed the court that he had just received the charge and requested a short adjournment to file a bail application.

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