EFCC Arraigns Brookfield Group CEO Over Alleged ₦990 Million Forex Fraud

The EFCC has arraigned Brookfield Group Holdings CEO Olatunji Oluwaseun Adebola and Brookfield Mining Limited before an FCT High Court in Abuja over an alleged ₦990 million fraud. The four-count charge includes conspiracy, obtaining money by false pretence and dishonest misappropriation. The complainant alleged that the funds were collected to facilitate a $750,000 foreign-exchange transaction. Adebola pleaded not guilty. The court granted him bail with two sureties, including a Grade Level 15 civil servant and another civil servant who owns property in Abuja. The case was adjourned until September 15, 2026.

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