Alleged $626,282 Fraud: EFCC Takes Abraham Abiara to Court
The Economic and Financial Crimes Commission (EFCC) has brought Abraham Idowu Abiara before the Lagos State High Court in Ikeja over an alleged $626,282 financial fraud.
The defendant appeared before Justice Ismail Ijelu on Tuesday, October 20, 2026, following his arraignment by the commission’s Lagos Zonal Directorate 1, Ikoyi.
Abiara is facing a one-count charge of stealing and dishonest conversion of funds, allegedly committed in Lagos on or about September 2, 2015.
The EFCC accused him of dishonestly converting the sum of $626,282 to his personal use, an allegation brought under the relevant provisions of the Criminal Law of Lagos State, 2015.
However, the defendant pleaded not guilty to the charge when it was read in court.
Following the plea, the prosecution counsel, C.C. Okezie, asked the court to order Abiara’s remand in a correctional facility and schedule the matter for trial.
In his ruling, Justice Ijelu adjourned the case to October 26, 2026, for the hearing of the defendant’s
