The Economic and Financial Crimes Commission (EFCC) has arraigned one Abraham Idowu Abiara before the Lagos State High Court sitting in Ikeja over alleged $626,282 fraud.
Abiara is standing trial on a one-count charge bordering on stealing and dishonest conversion of funds.
The count read: “That you, Abraham Idowu Abiara on about the 2nd of September 2015, in Lagos, within the jurisdiction of this Honourable Court dishonestly converted to your own use the aggregate sum of $626,285 committed an offence contrary to Section 280(2) and punishable under Section 287 of the criminal law of Lagos State 2015.”
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The defendant pleaded not guilty when the charge was read to him.
Following his plea, the prosecution counsel, C.C. Okezie, urged the court to remand the defendant in a correctional facility and fix a date for trial.
The presiding judge, Justice Ismail Ijelu, therefore adjourned the matter to October 26, 2026, for hearing of bail application and commencement of trial.
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