By Atoyebi Nike

The EFCC has arraigned Adepoju Emmanuel Abiodun, promoter of Bigibet, before a Lagos High Court over an alleged ₦855 million fraud.

Abiodun and his firm, Noblesteed Nigeria Limited, face 10 charges of stealing and obtaining money under false pretence.

In 2021, he allegedly convinced a petitioner to invest in a fake lottery business. The petitioner and others transferred ₦855 million to Abiodun’s account.

The EFCC said he promised returns but failed to refund investors. One charge states that Abiodun obtained money by lying it was for buying shares in Noblesteed.

He pleaded not guilty.

The EFCC asked for his remand. His lawyer said a bail request was filed.

Justice O.A. Okunuga ordered his remand at the Ikoyi Correctional Centre. The bail hearing is set for July 9. Trial starts September 17.

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