The Economic and Financial Crimes Commission (EFCC) has arrested Olori Halima Tejuoso over an alleged ₦600 million fraud case involving Mary Oluwaseye Sholoye and Ibrahim Gidado.
The EFCC arrests Olori Tejuoso followed her alleged failure to honour an invitation from the anti-graft agency after she was previously released on administrative bail.
Tejuoso was taken into custody on Tuesday, September 15, 2026. EFCC spokesperson Dele Oyewale confirmed the development and said she had allegedly violated the conditions of her administrative bail.
EFCC Explains Tejuoso’s Arrest
Oyewale said Tejuoso was in the commission’s custody following her arrest.
He also disclosed that Gidado, who is linked to the investigation, had earlier been arrested and arraigned before a court.
The commission alleges that Tejuoso obtained about ₦600 million from Sholoye by false pretence in connection with Gidado.
However, Tejuoso has previously given investigators a different account of the transaction.
According to reports, she told the EFCC that Gidado had allegedly defrauded her of the money she was accused of collecting from Sholoye.
EFCC Had Declared Her Wanted
The investigation took another turn after Gidado’s arrest.
The EFCC subsequently invited Tejuoso for further questioning. However, she allegedly failed to appear and could not be reached by investigators.
The commission later declared her wanted on April 27, 2026, in connection with the investigation.
Her September arrest ends several months during which the agency had been trying to locate her.
Investigation Continues
The EFCC arrests Olori Tejuoso is expected to allow investigators to examine the alleged ₦600 million transaction in greater detail.
The commission will also continue examining the relationship between Tejuoso, Sholoye and Gidado as it works to establish what happened to the money.
The case involving Gidado has already reached court, according to the EFCC. Further legal action concerning Tejuoso will depend on the outcome of the ongoing investigation and the completion of the required legal processes.
The allegations against Tejuoso have not been proven in court. She remains presumed innocent unless and until a court of competent jurisdiction determines otherwise.
The commission is expected to continue its investigation before deciding on further legal action. A separate EFCC corruption petition has also raised questions about alleged misconduct within the agency.