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Nairametrics
Home Business News

EFCC arraigns four hotel staff over alleged N91.7 million fraud in Lagos 

Rosalia Ozibo by Rosalia Ozibo
March 9, 2026
in Business News, Crime and Insecurity, Legal & Regulations, Sectors, Street Wise
EFCC, NOUN, Sunflower Hotel
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The Economic and Financial Crimes Commission (EFCC) has arraigned four suspects before the Lagos State High Court in Ikeja over alleged fraud and theft involving about N91.7 million and N3.4 million.

This was disclosed in a statement issued on Monday by the agency on X.

The suspects are staff members linked to God’s Touch Apartment and Hotels.

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What the agency said 

According to the commission, the suspects, identified as Adetunji Mathew, Victor Damilare Olaomo, Douglas Agorom Ikwugwu and Arowolo Adeniyi Abiodun, were arraigned before different judges at the Lagos State High Court sitting in Ikeja, Lagos, on charges bordering on conspiracy, stealing, and retention of proceeds of crime.

Mathew and Olaomo were arraigned before Justice O. A. Okunuga on a five-count charge bordering on conspiracy to commit felony and stealing to the tune of N91,749,230.

The offences are said to be contrary to Sections 409 and 285 of the Criminal Law of Lagos State, 2011.

  • One of the counts against Mathew reads: 
  • “That you, ADETUNJI MATHEW TEMIDAYO, sometime between 2024 and 2025 in Lagos, within the jurisdiction of this Honourable Court, while being the accountant of God’s Touch Apartment and Hotels, dishonestly converted to your own use an aggregate sum of N64,764,830 (Sixty-Four Million, Seven Hundred and Sixty-Four Thousand, Eight Hundred and Thirty Naira), property of God’s Touch Apartment and Hotels.” 
  • Another count against Olaomo reads: 
  • “That you, VICTOR DAMILARE OLAOMO, sometime between 2024 and 2025 in Lagos, within the jurisdiction of this Honourable Court, while being the accountant of God’s Touch Apartment and Hotels, dishonestly converted to your own use the sum of N26,082,400 (Twenty-Six Million, Eighty-Two Thousand, Four Hundred Naira), property of God’s Touch Apartment and Hotels.” 

More details 

The other suspects, Ikwugwu and Abiodun of the same hotel, were arraigned before Justice Olubunmi Abike-Fadipe of the Special Offences Court in Ikeja on a five-count charge bordering on conspiracy, stealing and retention of proceeds of crime.

  • One of the charges against Ikwugwu reads: 
  • “That you, Douglas Agorom Ikwugwu, sometime in June 2025 in Lagos, within the jurisdiction of this Honourable Court, whilst being the Duty Manager at God’s Touch Apartment Hotel, dishonestly stole and converted to your own use an aggregate sum of N1,966,000 (One Million, Nine Hundred and Sixty-Six Thousand Naira), property of God’s Touch Apartment Hotel.” 
  • The charge against Abiodun reads: 
  • “That you, Arowolo Adeniyi Abiodun, sometime in June 2025 in Lagos, within the jurisdiction of this Honourable Court, whilst being the Auditor at God’s Touch Apartment Hotel, dishonestly stole and converted to your own use the sum of N1,500,000 (One Million, Five Hundred Thousand Naira), property of God’s Touch Apartment Hotel.” 
  • All four defendants pleaded not guilty when the charges were read to them. 
  • Justice Okunuga subsequently ordered that Mathew and Olaomo be remanded in a correctional facility and adjourned the matter to March 17, 2026, for the hearing of the bail application. 

Justice Abike-Fadipe adjourned the case involving Ikwugwu and Abiodun to March 16, 2026, for the hearing of their bail applications and May 20, 2026, for the commencement of trial.

What you should know 

  • In mid-2025, the court convicted two oil marketers, Mamman Nasir Ali and Christian Taylor, sentencing them to 14 years imprisonment each over a N2.2 billion oil subsidy fraud case after they were re-arraigned by the EFCC alongside Nasaman Oil Services Limited on a 57-count amended charge.
  • In another high-profile financial crime case in October 2025, the EFCC arraigned Lagos-based businessman Ugoh Christogonus Onyewuchi and his firm, C-PAC Integrated Service Nigeria, over the alleged theft of N215.8 million, said to be part of N8.56 billion fraudulently obtained through unauthorised access to a commercial bank’s computer and server systems.
Rosalia Ozibo

Rosalia Ozibo

Rosalia is a versatile journalist with a focus on technology and education. She has a talent for turning complex ideas into engaging stories, exploring how innovation and learning shape the future of people, business, and society. From tracking shifts in digital transformation and emerging tech to writing about developments in education policy and practice, her work bridges insight and accessibility. Known for sharp analysis and compelling storytelling, she continues to provide readers with perspectives that connect knowledge, opportunity, and the evolving world of work.

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