The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 2, arraigned Oguibe Promise Nkwachukwu and his company, Wifamapp Royalty Global Limited, on Monday, October 6, 2025, over allegations of stealing N200 million.
The arraignment took place before Justice R.A. Oshodi at the Lagos State High Court, Ikeja.
The 13-count charge alleges that Nkwachukwu, while serving as an accountant for Travelstar Web Logistics Limited, dishonestly converted company funds for personal use.
One count states: “That you, Oguibe Promise Nkwachukwu, being the alter ego of Wifamapp Royalty Global Limited and Wifamapp Royalty Global Limited, being a company incorporated in Nigeria sometime in March, 2020 in Nigeria, within the Judicial Division of this Honourable Court, dishonestly converted to your own use the sum of $36,000 (Thirty-Six Thousand United States Dollars), property of Travelstar Web Logistics Limited entrusted to you, being the custodian as an accountant to Travelstar Web Logistics Limited, thereby committed an offence stealing, contrary to Section 280(1)(b) and (2)(f) and 287 of the Criminal Law of Lagos State, 2015.”
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Another count details the alleged misappropriation of $156,000, also belonging to Travelstar Web Logistics, during his tenure as company accountant.
When the charges were read, Nkwachukwu pleaded “not guilty.”
Following his plea, prosecution counsel A.A. Usman requested a trial date and asked the court to remand the defendant at a correctional facility. Defence counsel Kelvin C. Uzozie noted a pending bail application and requested that Nkwachukwu be remanded in EFCC custody.
After hearing both parties, Justice Oshodi adjourned proceedings to October 17, 2025, for the hearing of the bail application, and ordered that Nkwachukwu be remanded at the Kirikiri Correctional Centre, Lagos.
