A Lagos State Special Offences Court sitting in Ikeja has ordered the remand of former Managing Director of the Nigerian Railway Corporation (NRC), Engr. Fidet Edetanlen Okhiria, in a correctional facility following his arraignment over alleged fraud involving $385,000 and ₦165.5 million.
Okhiria, who headed the NRC from 2016 until 2024, was arraigned on Tuesday before Justice Rahman Oshodi on a seven-count charge filed by the Economic and Financial Crimes Commission (EFCC). He pleaded not guilty to the charges.
According to the prosecution led by Senior Advocate of Nigeria, Abba Muhammad, the EFCC alleged that Okhiria breached provisions of the Public Procurement Act, 2007, by unlawfully awarding contracts to secure personal advantage.
The anti-graft agency further accused him of engaging in money laundering by transferring $385,000 from his Access Bank domiciliary account to an account belonging to Mr. Ehimen Richard Okhiria in the Netherlands, funds it described as proceeds of unlawful activity.
Following arguments from counsel, the court ordered his remand and adjourned the matter to May 13, 2026, for continuation of trial, while reserving ruling on his bail application.

The EFCC maintains that the prosecution forms part of its broader mandate to investigate and prosecute financial crimes involving public officials.




