A woman identified as Ene Queen Bamaiyi has been prosecuted by the Economic and Financial Crimes Commission (EFCC) on a one-count charge of criminal breach of trust involving ₦240,500,000.
Bamaiyi was arraigned by the EFCC before Justice A.A. Halilu of the Federal Capital Territory (FCT) High Court, Apo, Abuja, on Thursday, October 2, 2025.
According to the Commission, she allegedly dishonestly converted ₦124,000,000 out of the ₦240,500,000 entrusted to her by one Bright Okubo for foreign exchange conversion, and used it for her personal benefit.
The charge reads: “That you, Ene Queen Bamaiyi (female), sometime in May 2024 in Abuja within the Judicial Division of this Honourable Court, while being entrusted with the sum of ₦240,500,000.00 (Two Hundred and Forty Million, Five Hundred Thousand Naira) by one Bright Okubo for conversion at dollar equivalent, did dishonestly convert ₦124,000,000.00 (One Hundred and Twenty-Four Million Naira) out of the said sum to your personal use in violation of the purpose for which the money was entrusted with you, and you thereby committed an offence contrary to Section 311 of the Penal Code and punishable under Section 312 of the same Code.”
The anti-corruption agency revealed that she pleaded “not guilty” to the charge, following which the prosecution counsel, Joshua Saidi requested a trial date and informed the court of his intention to invite five witnesses to prove the case.
However, the defence counsel, M.A. Attah, SAN, prayed the court to grant his client bail on self-recognition and on liberal terms, citing her status as a single mother of a two-year-old child.
After considering the submissions, Justice Halilu granted the defendant bail in the sum of ₦30,000,000, with two reliable sureties in like sum, who must not be below Grade Level 14 in the civil service.
He also ordered that the defendant deposit her passport with the EFCC and be remanded in Suleja Correctional Centre pending the fulfilment of her bail conditions.
The case was adjourned till December 2 and 3, 2025, for trial.
