A civil servant named Chinyere Okoroafor has testified at the Federal High Court in Abuja regarding her loss of N58.1 million in a fraudulent investment scheme. The trial concerns Osabohein Alex Ologbose and his spouse, Hope Onome Oghelemu, who face seven charges related to money laundering and obtaining money under false pretenses. The EFCC claims the defendants, through their firms, Onome Global Market Resources Limited and Lexicon Multi-Concept Media Limited, orchestrated a N740 million scam.
Okoroafor explained that an acquaintance, Alice Ayeni Alade of the Nigerian Export-Import Bank, persuaded her to invest in a bitter kola export venture. She transferred the funds into Alade’s bank account, expecting returns after an eight-week cycle. However, the anticipated profits never materialized. Instead, the witness received various excuses for the delays, including claims of natural disasters and shipping problems in Asia. Although the defendants and their representatives attempted to pacify investors through meetings involving church leaders, no payments were made.
The witness eventually filed a petition with the EFCC, noting that Alade provided evidence showing the funds were forwarded to the defendants. Okoroafor confirmed she has yet to recover any part of her principal investment. Justice Ekerete Akpan has postponed the proceedings until July 1, 2026, for further cross-examination.
