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Fraud

Apr 2, 2026

FRN vs Fatai Olalere Alli

Humans

Fatai Olalere Alli

Money bag

Fraud

Money bag

Case Summary
The Defendant, alongside others (also standing trials separately), was allegedly engaged in money doubling crimes, through which he swindled and collected money from his victims, under the pretense of using the his fake spiritual powers to multiply the monies for them, but diverted the sums to his personal use.

Calendar

2,347
Day(s) since arraignment

Gavel

Case Update
Upon the Defendant's plea of not guilty, his counsel prayed the court for a short date to hear the bail application. The trial judge however refused the prayers stating that the application was not yet before the court and ordered the Defendant to be remanded in the Nigerian Correctional Center. The trial judge further granted the application of the EFCC that the properties of the Defendant be temporarily forfeited to the Federal Government of Nigeria. She also ordered the freezing of his bank accounts pending the conclusion of the investigation, prosecution and final determination of the cases against him.

Court house

Hon. Justice P. I. Ajoku
Federal High Court, Ibadan, Oyo

Legislation

ACJA/ACJL Compliance - not applicable

Case Information
Fatai Olalere Alli
Presiding Judge & Designated Court
Hon. Justice P. I. Ajoku, Federal High Court, Ibadan, Oyo
Nature and Number of Charges
22-count charge bordering on conspiracy, money laundering and obtaining money by false pretense.
Date of 1st Arraignment
Oct 29, 2019
Summary of Case
The Defendant, alongside others (also standing trials separately), was allegedly engaged in money doubling crimes, through which he swindled and collected money from his victims, under the pretense of using the his fake spiritual powers to multiply the monies for them, but diverted the sums to his personal use.
Defendant(s) and Plea entered on Arraignment
1. Fatai Olalere Alli – Not Guilty
Defence Counsel(s)
1. Bala Yakubu (Lawyer)
Prosecuting Agency
Economic and Financial Crimes Commission
Prosecutor(s)
1. Oluwatinuwe Daramola (Lawyer)
Status of Case
On Trial
Stage of Trial
Prosecution Stage
Length of Trial
2,347 day(s)
Case Update
Upon the Defendant's plea of not guilty, his counsel prayed the court for a short date to hear the bail application. The trial judge however refused the prayers stating that the application was not yet before the court and ordered the Defendant to be remanded in the Nigerian Correctional Center. The trial judge further granted the application of the EFCC that the properties of the Defendant be temporarily forfeited to the Federal Government of Nigeria. She also ordered the freezing of his bank accounts pending the conclusion of the investigation, prosecution and final determination of the cases against him.
ACJA/ACJL Compliance
Not Applicable