Olori Tejuoso Arrested Again Over Alleged ₦600m Fraud

The Economic and Financial Crimes Commission has taken Olori Halima Tejuoso into custody over an alleged ₦600 million fraud case involving a Lagos-based woman, Mrs Mary Oluwaseye Sholoye.

Tejuoso was reportedly arrested on Tuesday, September 15, 2026, after investigators said she failed to respond to an invitation from the commission following her earlier release on administrative bail.

EFCC spokesperson Dele Oyewale confirmed the development, stating that Tejuoso was arrested last Tuesday and remained in the commission’s custody.

The investigation centres on allegations that Tejuoso obtained about ₦600 million from Sholoye under false pretences. The money was allegedly connected to claims that assistance could be provided in securing a senior position at the Nigerian National Petroleum Corporation, now known as NNPC Limited.

Another person linked to the case, Mallam Ibrahim Gidado, had earlier been arrested and prosecuted in connection with the alleged transaction.

Court proceedings reportedly put the amount involved at approximately ₦603.4 million, with allegations including obtaining money by false pretence and forgery.

Gidado was arraigned before the Federal Capital Territory High Court in Maitama in February 2026 on an amended six-count charge. He pleaded not guilty to the allegations.

Following Gidado’s arrest, Tejuoso was also invited by the EFCC to assist investigators with the case. However, the commission said she failed to appear and could not subsequently be reached.

The EFCC later declared her wanted on April 27, 2026, as investigators continued efforts to locate her and establish the circumstances surrounding the alleged financial transaction.

Tejuoso’s eventual arrest is expected to allow investigators to question her further about the alleged ₦600 million transaction and her dealings with the other individuals involved in the case.

During an earlier interaction with investigators, Tejuoso reportedly claimed that Gidado himself had defrauded her of money she was accused of collecting from Sholoye.

The EFCC is expected to continue its investigation before determining the next legal steps in the matter.

The allegations against Tejuoso have not been established by a court. She remains presumed innocent unless proven guilty by a competent court.

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