The Economic and Financial Crimes Commission (EFCC) has arrested Olori Halima Tejuoso over an alleged N600 million fraud involving Mrs Mary Oluwaseye Sholoye and Mallam Ibrahim Gidado.
EFCC spokesman, Dele Oyewale, said Tejuoso was picked up on Tuesday, September 15, 2026, for allegedly jumping the administrative bail earlier granted to her by the Commission.
According to Oyewale, Gidado, who is also linked to the case, had been arrested earlier and arraigned before a court.
Tejuoso is accused of obtaining about N600 million from Sholoye by false pretence in connection with Gidado.
She had earlier appeared before the Commission, where she reportedly told investigators that Gidado had defrauded her of the same money she is accused of collecting from Sholoye.
However, after Gidado’s arrest and her subsequent invitation by the Commission, Tejuoso reportedly failed to show up and could not be reached. The EFCC declared her wanted on April 27, 2026.
Her arrest on September 15 ends several months of searching for her whereabouts.
The development is expected to allow the Commission to proceed with further investigation into the alleged N600 million transaction and her relationship with the other parties involved.
While the case against Gidado has already reached court, further legal steps against Tejuoso are expected once the ongoing investigation and necessary legal processes are completed.
The allegations against Tejuoso remain unproven until determined by a court of competent jurisdiction. All parties are presumed innocent unless and until found guilty.
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