Court remands man in Kuje prison over alleged $500,000 fraud

A Federal Capital Territory High Court in Gudu, Abuja, has remanded Ndubisi Ugonna in Kuje Correctional Centre over allegations of defrauding a victim of $500,000.

PlatinumPost reports that the Economic and Financial Crimes Commission (EFCC)  dragged Ugonna before the court presided  by Justice E. Okpe.

A statement issued by the anti-graft commission on Thursday, said Ugonna faces a single count bordering on advance fee fraud and obtaining money by false pretence, involving the sum of Five Hundred Thousand United States Dollars.

The charge reads: “That you Ndubisi Kenechukwu Ugonna sometime in 2020 in Abuja, within the jurisdiction of this Honourable Court with intent to defraud did obtain the total sum of Five Hundred Thousand Dollars (500,000.00 USD) from one Kofoworola Olagunju under the false pretence that you had capacity to invest in global security on his behalf and that the investment business was genuine which pretence you knew to be false and you thereby committed an offence contrary to Section 1(1)(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006, and punishable under Section 1(3) of the same Act.”

The defendant entered a plea of “not guilty.” Following this, prosecution counsel Joshua Saidi requested a trial date and urged the court to remand Ugonna in a correctional facility. Defence counsel, however, reminded the court of the pending bail application and asked that his client be kept in EFCC custody instead.

Justice Okpe subsequently adjourned the case to September 25, 2025, for hearing of the bail application and ordered that Ugonna be remanded at the Kuje Correctional Centre.