Admin I Wednesday, July 09, 2025
IKEJA, Lagos – The Economic and Financial Crimes Commission EFCC on Tuesday arraigned the Obiakor family and others for theft of N242.391 million.
The EFCC re-arraigned the five family members, Chisom Obiakor, Daniel Obiakor, Anthony Obiakor, Precious Nwokemodo and Ifeanyi Nwokemode before Justice Mojisola Dada.
The anti graft commission alleged that the defendants stole money belonging to Just Kings and Real Kings Nigeria Limited. They allegedly committed the offence between January 1, 2021 and September 14, 2022.
They were arraigned on seven-count charge bordering on conspiracy and stealing N242.391 million belonging to Just Kings and Real Kings Nigeria Limited.
The matter which started afresh (de novo ) initially before Justice Rahman Oshodi before the case file was transfered to Justice Dada for re-arraignment.
According to prosecution counsel, Anita Imo, she alleged that Chisom Obiakor, while working for Just Kings and Real Kings Nigeria Limited, stole goods worth N242.4 million and later dissipated the proceeds to her father, Daniel Obikaor; brother, Anthony Obiakor; sister, Precious Nwokemodo and brother-in-law, Ifeanyi Nwokemodo.
While Chisom’s father allegedly received N10 million from the alleged stolen money, her sister, Precious and brother, Anthony got N24.5 million and N10 million respectively while her brother-in-law, Nwokemodo Ifeanyi got N400,000.
The prosecutor said their offence contrary to the Robinson of section 328(1) and punishable under section 328(1) of the Criminal Law of Lagos State, 2015.
When the charge were read to the defendants, they pleaded not guilty to all the count charge.
Following their plea, the judge granted them bail as prayed by their lawyer, ordered the defendants stand on previous bail granted by court, but denied the fifth defendants bail.
Justice Dada subsequently adjourned the matter to November 3, 4, 5 and 6, 2025 for trial.
