Anti-corruption and elections / EFCC

EFCC Re-arraigns One for Alleged N1.5b Fraud in Maiduguri

The Economic and Financial Crimes Commission, EFCC, on Wednesday, July 1, 2026, re-arraigned one Abubakar Muhammad before Justice Shehu Umaru Adamu of the Federal High Court, sitting in Maiduguri, Borno State. The defendant was re-arraigned on a twenty-count amended charge bordering on money laundering and criminal misappropriation to the tune of N1,500,000,000.00 (One Billion, Five Hundred Million Naira). Count one reads: "That you, Abubakar Muhammad, whilst being the Shop Manager, at Aminami Global Ventures, a Company registered in Nigeria, that between January 2021 to February 2026, at Maid…