From Taiye Joseph, Ilorin
The Economic and Financial Crimes Commission (EFCC), in Ilorin, has taken into custody a 37-year-old woman, Kofoworola Motunrayo Kolawole, over allegations of defrauding a company of N993 million.
Kolawole, a native of Ondo State, reportedly ignored several invitations by the Commission before eventually surrendering herself following a court-ordered remand.
The arrest stems from a petition filed by Predictus Remit Limited, a subsidiary of Fairmoney Microfinance Bank. The company accused Kolawole and directors of DKK Partners Limited, Duru Ogadima and Talukder Muhammed Khalidur Rahman, of fraudulently obtaining funds under the guise of facilitating a foreign exchange transaction. The petition alleged that on November 25, 2025, N993,247,796.70 was received by the suspect in the expectation that the dollar equivalent of $675,219.44 would be remitted.
EFCC preliminary investigations revealed that Kolawole allegedly diverted the funds into digital currency for personal use instead of completing the transaction. The Commission also noted that DKK Partners Limited is not licensed by the Central Bank of Nigeria to conduct such financial transactions, despite claims made to the petitioner.
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An EFCC spokesperson said, “Investigations are ongoing, and the suspect will be arraigned in court once all facts are established. We remain committed to tracking and prosecuting financial crimes to protect the public.”
Kolawole remains in EFCC custody as the probe continues, while the other directors are currently at large.
