EFCC Arraigns Man Over Alleged N20m Property Fraud in Maiduguri
The Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission (EFCC) on Wednesday, January 28, 2026, arraigned one Salihu Yusuf Wavah before Justice Muhammad Maina of the Borno State High Court sitting in Maiduguri over an alleged N20 million fraud.
Wavah was arraigned on a two-count charge bordering on criminal misappropriation of the sum of N20,000,000.00 (Twenty Million Naira).
According to the charge, the defendant allegedly misappropriated and converted to his personal use the sum of N20 million transferred into his Access Bank account between June 9 and June 11, 2024. The funds were said to belong to one Alhaji Ahmadu Bello.
The offence is contrary to Section 296 of the Borno State Penal Code Law and Other Matters Connected Therewith, 2023, and punishable under Section 297 of the same law.
The defendant pleaded not guilty to the charges when they were read to him.
Prosecution counsel, Faruqu Muhammad, prayed the court to fix a trial date and remand the defendant in prison custody.
Justice Maina adjourned the matter to February 9, 2026, for trial and ordered that the defendant be remanded in prison custody pending the determination of the case.
Wavah was arrested for allegedly diverting N20 million meant for the purchase of a property, which he neither delivered to the petitioner nor refunded.
