The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 2, on Monday, October 6, 2025, arraigned one Oguibe Promise Nkwachukwu and his company, Wifamapp Royalty Global Limited, before Justice R.A. Oshodi of the Lagos State High Court sitting in Ikeja, over alleged theft of N200 million.
According to the EFCC, the defendant allegedly diverted various sums totaling N200 million and several thousands of dollars while serving as custodian of the company’s finances.
One of the counts reads: “That you, Oguibe Promise Nkwachukwu, being the alter ego of Wifamapp Royalty Global Limited and Wifamapp Royalty Global Limited, being a company incorporated in Nigeria sometime in March 2020, dishonestly converted to your own use the sum of $36,000, property of Travelstar Web Logistics Limited, entrusted to you as an accountant, thereby committing an offence contrary to Section 280(1)(b) and (2)(f) and 287 of the Criminal Law of Lagos State, 2015.”
Another count alleges that between January and July 2018, the defendant dishonestly converted $156,000 belonging to the same company to his personal use, in violation of the same law.
Nkwachukwu pleaded not guilty to all charges.
Following his plea, prosecution counsel A.A. Usman requested a date for trial and urged the court to remand the defendant in a correctional facility.
Defence counsel, Kelvin C. Uzozie, however, informed the court that a bail application had been filed and pleaded that the defendant be remanded in the custody of the EFCC pending its determination.
Justice Oshodi subsequently adjourned the case till October 17, 2025, for hearing of the bail application and ordered that the defendant be remanded at the Kirikiri Correctional Centre in Lagos.
