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Anti-corruption and elections / EFCC

N90 Million Fraud: Court Jails Man for Eight Years, Three Months Over Money Laundering in Lagos

Justice Yellim Bogoro of the Federal High Court sitting in Ikoyi, Lagos, on Friday, July 17, 2026, convicted and sentenced Fidelix Samuel Ebuka to eight years and three months' imprisonment for money laundering. Ebuka was arraigned by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Wednesday, June 10, 2026, on a 14-count charge bordering on the retention of proceeds of unlawful activities amounting to N90,989,517 (Ninety Million, Nine Hundred and Eighty-Nine Thousand, Five Hundred and Seventeen Naira). One of the counts reads: "That you, Fidelix Samuel E…

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