Connect with us

NEWS

EFCC Re-arraigns Ex-NDDC Boss, Omatsuli For Alleged N3.6 Billion Fraud

Published

on

The Economic and Financial Crimes Commission (EFCC) has re-arraigned Tuoyo Omatsuli, former Executive Director of Projects at the Niger Delta Development Commission (NDDC), over alleged involvement in a ₦3.6 billion fraud.

Omatsuli was re-arraigned on Monday, May 20, 2025, before Justice Daniel Osiagor at the Federal High Court in Ikoyi, Lagos. He is standing trial alongside Francis Momoh, Don Parker Properties Limited, and Building Associates Limited on a 46-count amended charge bordering on conspiracy and money laundering.

RELATED NEWS  Ebonyi State Govt Announces Departure Date For 2024 Overseas Scholarship Recipient

According to the EFCC, the defendants conspired between August 2014 and September 2015 to launder ₦3.645 billion, which was allegedly proceeds of corruption and illicit gratification.

The re-arraignment follows a December 2021 ruling by the Court of Appeal, Lagos Division, which overturned an earlier decision discharging Omatsuli and ordered that the case be retried.

RELATED NEWS  IGP Felicitates with Muslims, Assures Adequate Security during Eid El Celebration 

The trial had previously stalled due to Omatsuli’s repeated absence from court, citing health issues. In February 2025, Justice Osiagor ordered the EFCC to investigate the credibility of the medical reports he submitted and warned that a bench warrant would be issued if they were found to be false.

At the latest hearing, the court granted the EFCC permission to adopt prior proceedings and evidence from the original trial to fast-track the case. The prosecution was also allowed to call new witnesses to support its claims.

RELATED NEWS  Lagos Police Announce Total Lockdown for Local Government Elections on Saturday

The case has now resumed, with Omatsuli and his co-defendants required to face the fresh trial on the fraud allegations.

Share

Discover more from Naijanewstoday

Subscribe to get the latest posts sent to your email.

Hi, I’m Babawale Busari — a passionate storyteller, content creator, and observer of the world around me. I share compelling stories, current events, digital trends, and insightful commentary that spark thought and conversation. Whether it’s news, culture, tech, or everyday experiences, I believe every detail matters. Thanks for stopping by — let's explore the world, one post at a time.

Click to comment

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.

TRENDING

Discover more from Naijanewstoday

Subscribe now to keep reading and get access to the full archive.

Continue reading