The Economic and Financial Crimes Commission (EFCC) on Monday arraigned Andrew Odekina before an Ikeja Special Offences Court for allegedly stealing N9.9 million.
Odekina was docked on a one-count charge of retaining proceeds of criminal conduct, contrary to Section 17(a) and (b) of the EFCC Act, 2004.
The defendant, however, pleaded not guilty when the charge was read to him in court.
Following the plea, EFCC counsel, Babatunde Sonoiki, requested a trial date and urged the court to remand the defendant pending trial.
The defendant was not represented by legal counsel during the proceedings.
Sonoiki told the court that the defendant, alongside others still at large, allegedly received and retained funds in his FCMB account in 2025.
“The defendant retained control of N9.9 million, part of N3.1 billion stolen from FCMB accounts through unauthorised access and fraudulent banking activities,” he said.
Justice Mojisola Dada adjourned the matter until May 11 for trial and ordered the defendant’s remand in a correctional centre.
