The Economic and Financial Crimes Commission (EFCC) has arraigned a legal practitioner, Mr. Mike Ikegbunam before an Enugu State High Court.
EFCC revealed this in a statement on its X page on Friday, stating that the lawyer was charged to court on Wednesday on a seven-count charge bordering on money laundering and obtaining by false pretence to the tune of N91,000,000.00 (Ninety-One Million Naira). 
One of the counts reads: “That you, Mike Ikegbunam on 16th August, 2022 in Umuagu Ozu Village, Anambra State within the jurisdiction of the Federal High Court of Nigeria with intent to defraud, induced the Senior Staff Association of Universities, Teaching Hospitals, Research Institutes and Associated Institutions of Nigeria to deliver to you, the sum of N25,000,000.00 (Twenty-Five Million naira) under the pretence that you are capable of acquiring some portions of land for their members at Umuagu Ndiukwuanu Town in Orumba North Local Government Area of Anambra State which pretence you knew to be false and thereby committed an offence contrary to Section 1 (1) (a) of Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 1 (3) of the same Act”.
The Defendant pleaded “not guilty” when the charges were read to him.
His was granted bail on self-recognizance being a legal practitioner on the following conditions; the defendant must deposit his Call to Bar Certificate with the court and make available one surety, who must be his cousin.”
The court further ordered that the defendant should be remanded in EFCC custody pending the fulfilment of the bail conditions.
The judge adjourned the matter to March 21, 2024 for trial.
