EFCC arraigns man over alleged N25.6m beans fraud in Maiduguri

The Maiduguri Zonal Directorate of the Economic and Financial Crimes Commission EFCC, has brought a man, Mohammed Abdullahi Korimi, before the Borno State High Court in Maiduguri over an alleged N25.6 million fraud involving 400 bags of beans.

A statement by EFCC said Korimi was brought before Justice Aisha Kumaliya of the Borno State High Court in Maiduguri on Thursday, April 16, 2026, where he faced a two-count charge of criminal misappropriation and obtaining by false pretence.

According to the EFCC, the defendant allegedly defrauded his victim of N25,647,000.00 under the guise of a business transaction.

One of the charges read, “That you, Mohammed Abdullahi Korimi on or about July, 2025 in Maiduguri, Borno State within the jurisdiction of this honourable court, with intent to defraud obtained 400 (Four Hundred) bags of beans valued at the sum of N25,647,000.00 (Twenty Five Million, Six Hundred and Forty-Seven Thousand Naira) from one Maina Hassan Madube, under the false pretense that you will supply same to your customers at Sango-Ota, Ogun State and make payment for it within one (1) week, a representation which you knew to be false and thereby committed an offence contrary to Section 1(1) and punishable under Section 1(3) of the Advance Fee Fraud and other Fraud related offences Act, 2006.”

When the charges were read in court, the defendant pleaded not guilty.

Following his plea, prosecution counsel, S.O. Saka, asked the court to fix a date for trial and also requested that the defendant be remanded in a correctional facility pending further proceedings.

Justice Kumaliya subsequently adjourned the case till April 22, 2026, for hearing of the bail application and ordered that the defendant be remanded at the Maiduguri Maximum Correctional Facility.

The case, according to the EFCC, originated from an alleged transaction in which the defendant obtained 400 bags of beans valued at N25,647,000 for supply to a customer in Sango-Ota, Ogun State, but failed to fulfil the agreement.

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