EFCC Arraigns Former NRC Managing Director Over $385,000, N165m Fraud Allegations

1 Min Read
  • EFCC arraigns ex-NRC MD over alleged fraud
  • $385,000 and N165m involved in the case
  • Charges filed by anti-graft agency
  • Case adds to public sector corruption trials

The Economic and Financial Crimes Commission (EFCC) has arraigned a former Managing Director of the Nigerian Railway Corporation (NRC) over alleged fraud involving $385,000 and N165 million.

The arraignment was carried out by the EFCC as part of its ongoing investigation into alleged financial misconduct involving a former top official of the Nigerian Railway Corporation.

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The anti-graft agency accused the former NRC Managing Director of fraudulent dealings linked to the sums of $385,000 and N165 million, although full details of the charges were not immediately disclosed.

The development forms part of the EFCC’s broader effort to tackle corruption and financial crimes within public institutions.

The case comes under the leadership of EFCC Chairman Ola Olukoyede, who has repeatedly stated the commission’s commitment to strengthening accountability and transparency in public service.

The former NRC boss is expected to respond to the allegations in court as legal proceedings continue.

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