The Economic and Financial Crimes Commission (EFCC) has arrested Olori Halima Tejuoso in connection with an alleged N600 million fraud involving Mrs Mary Oluwaseye Sholoye and Mallam Ibrahim Gidado.
Tejuoso was arrested on Tuesday, 15 September 2026, after allegedly failing to honour an invitation by the Commission following her release on administrative bail.
Suspect ‘Jumped Bail’
Confirming the development, EFCC spokesman Dele Oyewale said Tejuoso was arrested after she allegedly jumped the administrative bail earlier granted to her by the Commission.
According to Oyewale, Gidado, who is also linked to the investigation, had been arrested earlier and arraigned before a court.
“Tejuoso was arrested on last Tuesday after jumping an administrative bail granted her by the EFCC. Gidado had been arrested long before now and arraigned before the court,” Oyewale said.
Allegations of False Pretence
Tejuoso was reportedly accused of obtaining about N600 million from Sholoye by false pretence in connection with Gidado.
She had earlier appeared before the EFCC, where she reportedly told investigators that Gidado had allegedly defrauded her of the money she was accused of collecting from Sholoye.
However, following Gidado’s arrest and subsequent invitation by the Commission, Tejuoso reportedly failed to appear and could not be reached.
The EFCC subsequently declared her wanted on 27 April 2026 as part of its investigation into the alleged fraud.
Months-Long Manhunt Ends
Her arrest on 15 September brings to an end several months during which the Commission had been seeking her whereabouts.
The latest development is expected to allow the EFCC to proceed with further investigation into the circumstances surrounding the alleged N600 million transaction and Tejuoso’s relationship with the other parties involved.
The Commission’s position indicates that the matter involving Gidado has already progressed to court, while further legal steps concerning Tejuoso are expected to follow the completion of the ongoing investigation and necessary legal processes.
Presumption of Innocence
The allegations against Tejuoso remain unproven until determined by a court of competent jurisdiction.
All parties involved are presumed innocent unless and until found guilty by a court of law.
