Ndubisi Kenechukwu Ugonna, a businessman has been arraigned by the {Economic} and {Financial} Crimes Fee (EFCC) earlier than Justice E. Okpe of the Federal Capital Territory Excessive Courtroom in Gudu, Abuja, over an alleged $500,000 fraud.
Ugonna is going through a one-count cost associated to advance charge fraud and acquiring cash by false pretence.
In response to the EFCC, he allegedly defrauded Kofoworola Olagunju of $500,000 underneath the pretext of being able to speculate the funds in international safety on Olagunju’s behalf.
Investigations revealed that the supposed funding scheme was fictitious and that Ugonna knowingly misrepresented the details.
The cost reads partially: “That you simply, Ndubisi Kenechukwu Ugonna, someday in 2020 in Abuja, throughout the jurisdiction of this Honourable Courtroom, with intent to defraud, did receive the overall sum of $500,000 from one Kofoworola Olagunju underneath the false pretence that you simply had capability to spend money on international safety on his behalf and that the funding enterprise was real, which pretence you knew to be false…”
Ugonna pleaded not responsible to the cost.
Following the plea, the prosecution counsel, Joshua Saidi, requested the courtroom to set a trial date and to remand the defendant in a correctional facility. The defence counsel, nevertheless, urged the courtroom to contemplate a bail software and requested that his shopper be saved in EFCC custody pending its listening to.
Justice Okpe adjourned the matter to September 25, 2025, for listening to on the bail software. He ordered that the defendant be remanded on the Kuje Correctional Centre within the meantime.