Anti-corruption and elections / EFCC

EFCC Arraigns Ex-NRC MD for Alleged $385,000, ₦165.438m Money Laundering in Lagos

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC). Ikoyi, Lagos, on Wednesday, February 24, 2026, arraigned a former Managing Director of the Nigerian Railway Corporation (NRC), Fidet Okhiria Edetanle, before Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, over alleged $385,000 and ₦165,438,000.00 fraud. Edetanle was arraigned on a seven-count charge bordering on alleged abuse of office, money laundering, and unlawful enrichment by a public official. The offences are said to contravene Sections 332(1) and 332(3), Section 73(1), an…