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Home News General

EFCC returns ₦84m to Edo businessman over property fraud

EFCC recovered the money after Ekhahon Abraham allegedly paid for a parcel of land that was later disputed, prompting him to seek a refund.

AbdulBasit Saba by AbdulBasit Saba
September 26, 2026
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The Economic and Financial Crimes Commission has recovered and returned ₦84 million to Edo State businessman Ekhahon Abraham following an investigation into an alleged property fraud.

The EFCC’s Benin Zonal Directorate handed Abraham a draft for the recovered amount on Friday, September 25, 2026, representing funds recovered from Anita Eborome in connection with the disputed transaction.

Abraham was allegedly defrauded after Eborome represented that she would sell him a parcel of land measuring 115ft by 135ft in a community in Edo State.

According to reports of the EFCC investigation, Abraham paid the agreed amount and subsequently erected a perimeter fence on the property.

The fence was later pulled down by a man who claimed to be the rightful owner of the land, prompting Abraham to seek a refund from Eborome.

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He reportedly encountered difficulties recovering his money as Eborome became evasive. Abraham was subsequently advised to petition the EFCC over the matter.

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The commission said its investigation established that Abraham had transferred the money to Eborome, who allegedly diverted the funds for her personal use.

Presenting the recovered funds to Abraham, the Acting Zonal Director of the EFCC, Sa’ad Hanafi Sa’ad, said the commission would continue to discharge its duties professionally and pursue the recovery of proceeds linked to fraudulent transactions.

Sa’ad said the EFCC would continue working to prevent fraudsters from benefiting from proceeds they had allegedly obtained through unlawful means.

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Saba AbdulBasit
AbdulBasit Saba

AbdulBasit Saba is a journalist and contributor to Freelanews.com, covering news, business, and public affairs.

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