The Economic and Financial Crimes Commission (EFCC) has re-arraigned five members of the Obiakor family before the Lagos State Special Offences Court in Ikeja for allegedly stealing ₦242.391 million from a private company.
The defendants — Chisom Obiakor, Daniel Obiakor, Anthony Obiakor, Precious Nwokemodo, and Ifeanyi Nwokemodo — were brought before Justice Mojisola Dada on a seven-count charge bordering on conspiracy and stealing.
According to the EFCC’s prosecuting counsel, Anita Imo, the theft was orchestrated by Chisom Obiakor while she was employed by Just Kings and Real Kings Nigeria Limited.
She allegedly diverted company goods valued at ₦242.4 million and distributed the proceeds among her family members.The EFCC alleged that Chisom’s father, Daniel Obiakor, received ₦10 million; her brother, Anthony, got ₦10 million; her sister, Precious Nwokemodo, was paid ₦24.5 million; while her brother-in-law, Ifeanyi Nwokemodo, received ₦400,000.
All five defendants pleaded not guilty to the charges.Justice Dada adjourned the case to November 3, 4, 5, and 6, 2025, for the commencement of trial. The court also directed that all parties be notified appropriately ahead of the next hearing.

