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The Lagos Zonal Directorate 2 of the Economic and Financial Crimes Commission, EFCC, on Monday, June 8, 2026, brought two individuals and a company before the Lagos State High Court sitting in Ikeja over an alleged N560 million theft case.
Those arraigned are Olivia Dike and Azeez Muniru Siyanbola, alongside Eniafelamo Global Seven Nigeria Limited. They were docked before Justice R.O. Oshodi on a three-count charge bordering on stealing.
The EFCC alleged in a statement that the defendants dishonestly converted a total sum of N560,000,000 (Five Hundred and Sixty Million Naira) belonging to Peachland West Africa Limited and Lyke Stephen Okpaji.
One of the counts read “That you, Olivia Dike, Azeez Muniru Siyanbola, Eniafelamo Global Seven Nigeria Limited and one Taoheed Lekan Abdrahman (at large), between July, 2024 and February, 2025 at Lagos, within the jurisdiction of this honourable court, dishonestly stole and converted to your use the cumulative sum of N560, 000,000.00 (Five Hundred and Sixty Million Naira only), property of Peachland West Africa Limited and lyke Stephen Okpaji, thereby committing a crime, Stealing, contrary to Sections 278(1) (b) and 285(9) of the Criminal Law of Lagos State, 2011.”
All the defendants pleaded “not guilty” when the charges were read to them in court.
Following their plea, prosecution counsel, Nnaemeka Omewa, urged the court to fix a trial date and also requested that the defendants be remanded in a correctional centre pending further proceedings.
Justice Oshodi adjourned the matter to July 10, 2026, the hearing of the bail application and commencement of trial.
The court also ordered that the first defendant be remanded in a female custodial centre, while the second defendant be remanded in a maximum security correctional facility.
EFCC drags company, two others before Lagos court over alleged N560m theft
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