The Economic and Financial Crimes Commission (EFCC) has arraigned one Ene Queen Bamaiyi before Justice A.A. Halilu of the Federal Capital Territory High Court, Apo, Abuja, for allegedly diverting ₦124 million out of ₦240.5 million entrusted to her for foreign exchange transactions.
The anti-graft agency, in a statement on Thursday, said Bamaiyi was arraigned on October 2, 2025, on a one-count charge of criminal breach of trust.
According to the EFCC, Bamaiyi received ₦240.5 million from one Bright Okubo for dollar exchange but allegedly converted ₦124 million to her personal use.
The charge partly reads: “That you, Ene Queen Bamaiyi (female), sometime in May 2024, in Abuja, while being entrusted with the sum of ₦240,500,000 by one Bright Okubo for conversion at dollar equivalent, did dishonestly convert ₦124,000,000 out of the said sum to your personal use, thereby committing an offence contrary to Section 311 of the Penal Code and punishable under Section 312 of the same Code.”
Bamaiyi pleaded not guilty to the charge.
Prosecution counsel, Joshua Saidi, informed the court that the EFCC would call five witnesses to prove its case and requested a trial date.
However, defence counsel, M.A. Attah (SAN), applied for bail on liberal terms, citing that the defendant is a single mother of a two-year-old child.
Justice Halilu granted her bail in the sum of ₦30 million with two sureties in like sum, who must not be below Grade Level 14 in the civil service.
Read Also: https://fusionchronicles.ng/first-lady-receives-traditional-title-in-gombe/
He also ordered Bamaiyi to deposit her international passport with the EFCC and remanded her in Suleja Correctional Centre until she meets her bail conditions.
The case was adjourned to December 2 and 3, 2025, for trial.
