Date: March 6, 2026 l Reporter: Mensah
A Chinese national has been arraigned by Nigeria’s Economic and Financial Crimes Commission (EFCC) over allegations that he used a Nigerian citizen’s bank account to carry out fraudulent financial transactions in Nasarawa State.
The suspect was brought before a court by the EFCC on charges bordering on fraud and illegal financial dealings. Prosecutors alleged that the Chinese national collaborated with local accomplices to use a Nigerian bank account as a channel to move and conceal funds believed to be proceeds of fraud.
According to the anti-graft agency, the accused allegedly exploited the Nigerian banking system by operating through accounts belonging to other individuals. Investigators believe the account was used to process suspicious financial transactions linked to fraudulent activities.
During the court proceedings, the EFCC informed the judge that the alleged scheme involved transferring money through a Nigerian account to disguise the real origin and destination of the funds. Authorities say the practice is commonly used by international fraud networks seeking to avoid detection by financial institutions and law enforcement agencies.
The commission has intensified its crackdown on cybercrime and financial fraud involving foreign nationals and local collaborators. Officials say such cases are becoming increasingly complex, often involving multiple actors across different countries and digital financial platforms.
The court has scheduled further hearings in the case as the prosecution continues to present evidence. The accused is expected to remain within the jurisdiction of the court while the trial proceeds.
Nigeria’s EFCC has repeatedly warned that foreign nationals working with local accomplices to exploit the country’s financial system will face prosecution under Nigerian law. The agency says it remains committed to protecting the integrity of Nigeria’s banking system and combating cross-border financial crimes.
Authorities also urged Nigerians to be cautious about allowing others to use their bank accounts for transactions, warning that such actions could make them liable for criminal investigations if the accounts are linked to illegal activities.