Alleged N3.6bn Fraud: EFCC Re-arraigns Ex-NDDC Boss, Tuoyo Omatsuli In Lagos

Tuoyo

By JUMOKE SANNI

The Economic and Financial Crimes Commission, EFCC, on Monday, May 19, 2025, re-arraigned Tuoyo Omatsuli, a former Executive Director on Projects, Niger Delta Development Commission, NDDC, before Justice Daniel Osiagor of the Federal High Court sitting in Ikoyi, Lagos.

Omatsuli, alongside Francis Momoh,

Don Parker Properties Limited and Building Associates Limited, is standing trial over an amended 46-count charge bordering on conspiracy and money laundering to the tune of over N3,645,000,000 (Three Billion, Six Hundred and Forty-five Million Naira).

The Court of Appeal, Lagos Division, had on December 15, 2021, upturned the ruling on the No-case submission delivered by Justice Saliu Seidu.

Justice Seidu had earlier discharged Omatsuli, while holding that the three remaining defendants had a case to answer.

Dissatisfied with the ruling of Justice Seidu, the EFCC had appealed to the Court of Appeal. Also, the remaining defendants had appealed against the decision of the trial Court.

In its ruling, the Appellate Court had ordered that the case be returned to the trial court for the defendants to enter their defence.

The case was, however, stalled, following the retirement of Justice Seidu in November 2020, thereby prompting a fresh trial before Justice Osiagor.