Lagos Man Jailed 8 Years for Laundering Over ₦90 Million

A Federal High Court in Ikoyi, Lagos, has sentenced Fidelix Samuel Ebuka to eight years and three months behind bars for laundering more than ₦90 million. Justice Yellim Bogoro delivered the ruling after Ebuka, who was arraigned by the EFCC on June 10, 2026, changed his plea to guilty on a 14-count charge under the Money Laundering (Prevention and Prohibition) Act 2022. Prosecutors told the court that Ebuka retained ₦90,989,517 in a Union Bank account despite knowing the funds were proceeds of unlawful activity.

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