Nigerian Railway Corporation Officials Arraigned for N2.04 Billion Fraud

Three senior officials of the Nigeria===Nigerian Railway Corporation (NRC), Felix Njoku (former Director of Finance), Benjamin Chinwuba Iloanusi (Director of Procurement), and Oche Jerry Ogbole-Inalegwu (Director of Mechanical), have been arraigned by the Nigeria===Economic and Financial Crimes Commission (EFCC) before the Nigeria===Lagos State High Court in Ikeja. They face separate charges of alleged fraud, money laundering, and unlawful enrichment totaling over N2.04 billion. Njoku is accused of N736.3 million fraud, Iloanusi of N915.27 million fraud, and Ogbole-Inalegwu of N395.19 million fraud, with alleged payments received from Nigeria===Nigerian Railway Corporation contractors through various bank accounts. All defendants pleaded not guilty. While Njoku and Ogbole-Inalegwu were granted administrative bail, Iloanusi was remanded in a correctional center. This event follows the recent arraignment of former Nigeria===Nigerian Railway Corporation Managing Director Fidet Edetanlen on similar charges, highlighting a broader issue of corruption within the corporation.