Lagos Court Convicts Firm for N30.5m Theft

Justice Rahman Oshodi of the Special Offences Court sitting in Ikeja, Lagos, on Friday, January 23, 2026, convicted a company, AAC Consulting Limited, for stealing the sum of ₦30,564,635.81 ( Thirty Million  Five Hundred and Sixty Four Thousand Six Hundred and Thirty-five Naira Eighty-one Kobo) belonging to contract staff of Chevron Nigeria Limited.

The company was arraigned by the Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission (EFCCr) on January 12, 2026 on an amended one-count charge bordering on stealing, contrary to Section 285(1) of the Criminal Code, Cap 34, Vol. 44, Laws of Lagos State, 2011.

The trial had commenced on June 5, 2023, when AAC Consulting Limited and its Managing Director, Anthony Adeoye, were arraigned before the court on a 50-count charge bordering on stealing and issuance of dud cheques.

The defendants had initially pleaded “not guilty” prompting the commencement of full trial.

During the trial, prosecuting counsel, I. O. Daramola called two witnesses who testified for the prosecution and tendered several documents, which were admitted in evidence and marked as exhibits by the court.

However, following the repayment of the full sum to the petitioner in December 2023, the defendants changed their plea from “not guilty ” to “guilty.”

Consequently, the EFCC amended the charge, and the company pleaded “guilty” to the one-count charge of stealing.