Court Remands Accountant, Oguibe Promise For Allegedly Diverting ₦200m Company Funds

The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 2, on Monday, arraigned an accountant, Oguibe Promise Nkwachukwu, and his firm, Wifamapp Royalty Global Limited, before Justice R.A. Oshodi of the Lagos State High Court, Ikeja, over alleged theft of ₦200 million belonging to Travelstar Web Logistics Limited.

Nkwachukwu, who served as the company’s accountant, faces a 13-count charge bordering on stealing, contrary to Sections 280(1)(b), (2)(f), and 287 of the Criminal Law of Lagos State, 2015.

According to one of the counts, Nkwachukwu, being the alter ego of Wifamapp Royalty Global Limited, allegedly converted $36,000 belonging to Travelstar Web Logistics Limited to his personal use.

Another count accuses him of dishonestly converting an additional $156,000, both entrusted to him in his capacity as the firm’s accountant.

Prosecution counsel, A.A. Usman, subsequently requested a trial date and urged the court to remand the defendant at a correctional centre pending trial.

However, defence counsel, Kelvin C. Uzozie, informed the court of a pending bail application and pleaded that his client be remanded in EFCC custody instead.

After hearing both parties, Justice Oshodi adjourned the case to October 17, 2025, for the hearing of the bail application and ordered that the defendant be remanded at the Kirikiri Correctional Centre in Lagos.