An employee of an investment company in Lagos State, Bello Samuel, has been arraigned for allegedly diverting about N90m from the firm’s account for personal use. Samuel was arraigned by the Police Special Fraud Unit before the Federal High Court sitting in Lagos on charges bordering on conspiracy and money laundering. “Following a formal complaint by the affected company, operatives of the unit immediately commenced investigation into the matter,” the statement read. The statement also quoted the Commissioner of Police, Police Special Fraud Unit, Lagos, Mr Kayode Ojapinwa, as reaffirming the unit’s commitment to combating financial crimes. PUNCH Metro had reported in January that Justice Rahman Oshodi of the Lagos State Special Offences Court, Ikeja, had convicted and sentenced a 64-year-old former Lagos State education director, Olawale Feliti, to two years and five months’ imprisonment for stealing N48,992,271.73 from Access Bank Plc.

Source: Punch February 04, 2026 12:50 UTC