The {Economic} and {Financial} Crimes Fee on Monday arraigned the Chief Govt Officer of Onome International Market Assets Restricted, Osabohein Ologbose and his spouse, Hope Onome Oghelemu, over an alleged N740 million funding fraud.
That is in line with a press release issued by the anti-graft company on X on February 16, 2026.
The defendants have been introduced earlier than Justice Ekerete Akpan of the Federal Excessive Courtroom in Abuja alongside their firms, Onome International Market Assets Restricted and Lexicon Multi-concept Media Restricted, on fees linked to funding fraud and cash laundering
Based on the Fee, investigations revealed that the defendants allegedly induced members of the general public to take a position funds beneath the pretence of financing the procurement and exportation of bitter kola and purple kolanut to Hong Kong, China and Indonesia, with guarantees of returns on funding.
Investigators additional disclosed that buyers neither obtained the promised returns nor had their capital refunded.
They have been arraigned on a seven-count cost bordering on acquiring by false pretence, conversion of funds and cash laundering to the tune of about N740million opposite to Part 18(2)(b) of the Cash Laundering Prevention and Prohibition Act 2022 and punishment beneath Part 18(4) of the identical Act.
Prosecution counsel O.S. Ujam knowledgeable the courtroom that amended fees have been filed on January 28, 2026, and prayed the courtroom to learn them to the defendants.
On the arraignment, the defendants pleaded not responsible to the fees.
The EFCC has been investigating a number of alleged Ponzi and funding‑associated fraud schemes throughout Nigeria, together with the arrest of 28 suspected operators linked to a Q‑Internet funding outfit in Minna, Niger State.
