A Lagos State High Court sitting in Ikeja has ordered the remand of two defendants in separate correctional facilities following their arraignment over an alleged ₦560 million theft case brought by the Economic and Financial Crimes Commission (EFCC).
The defendants, Olivia Dike and Azeez Muniru Siyanbola, alongside a company, Eniafelamo Global Seven Nigeria Limited, were arraigned on a three-count charge bordering on stealing.
After the defendants pleaded not guilty to the charges, the prosecution counsel urged the court for a trial date and requested that they be remanded in custody pending further proceedings.
Justice R.O. Oshodi subsequently ordered that the first defendant, Olivia Dike, be remanded in a female custodial centre, while the second defendant, Azeez Muniru Siyanbola, was ordered to be held in a maximum security correctional facility.
The case, which also involves an alleged co-conspirator said to be at large, is scheduled for hearing on the defendants’ bail application and commencement of trial on July 10, 2026.
The EFCC had accused the defendants of dishonestly converting a cumulative sum of ₦560 million allegedly belonging to Peachland West Africa Limited and Lyke Stephen Okpaji between July 2024 and February 2025.
The court’s ruling marks a key step in the high-profile financial crime case as proceedings continue.
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