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Anti-corruption and elections / EFCC

EFCC Arraigns Sunsteel MD, Adewoye for Alleged $680,622.65 Fraud in Lagos

The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, Okotie-Eboh, Ikoyi, Lagos, on Thursday, May, 8, 2025, arraigned Olalekan Adewoye, Managing Director and Chief Executive Officer, CEO, of Sunsteel Industries Limited, before Justice Mojisola Dada of the Lagos State High Court, sitting in Ikeja, Lagos for alleged fraud. Adewoye was arraigned alongside his companies, Sunlek Investments Limited and Sunsteel Industries Limited, on a two-count charge, bordering on stealing and obtaining property by false pretence to the tune of $680,622.65 (Six Hundred and Eighty Th…

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