The Economic and Financial Crimes Commission,EFCC, has arraigned two officials of FSDH Merchant Bank Limited over an alleged fraud involving $306,667.81 and €50,250. This was disclosed in a statement posted on the official page of the Commission. In the statement, the defendants, Bakare Oladimeji Surajudeen and James Olukayode Imokwede, were on Tuesday, March 3, 2026, brought before Justice Ismaila Ijelu of the Lagos State High Court sitting in Ikeja. According to the EFCC, the defendants were arraigned on a 10-count charge bordering on alleged stealing and retention of stolen property belonging to FSDH Merchant Bank Limited. The anti-graft agency stated that, “the petitioner, FSDH Merchant Bank Limited, alleged that an internal audit uncovered unauthorized debits totaling $306,667.81 ...