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Just In: Monarch’s Wife in EFCC Custody Over Alleged ₦600m Fraud After Jumping Bail

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The Economic and Financial Crimes Commission (EFCC) has re-arrested Olori Halima Tejuoso over an alleged ₦600 million fraud involving Mrs. Mary Oluwaseye Sholoye and Mallam Ibrahim Gidado.
Tejuoso was taken into custody on Tuesday, September 15, 2026, after failing to honor the agency’s invitation following her administrative bail.
 Confirming the arrest, EFCC spokesperson Dele Oyewale said she was picked up for jumping bail. He added that Gidado, another key suspect linked to the case, had previously been arrested and arraigned in court.
Tejuoso was accused of obtaining about N600 million from Sholoye by false pretence in connection with Gidado.
Investigators said Tejuoso, during an earlier appearance before the Commission, claimed that Gidado had allegedly defrauded her of the money she was accused of collecting from Sholoye.
However, after Gidado’s arrest and a subsequent invitation extended to Tejuoso, she reportedly failed to appear and became unreachable.
Following her failure to report, the Commission declared her wanted on April 27, 2026, as part of its investigation into the alleged fraud.
Her arrest on September 15 brings to an end several months of search for her whereabouts.
The development is expected to enable the anti-graft agency to proceed with further investigation into the circumstances surrounding the alleged N600 million transaction and Tejuoso’s relationship with the other parties involved.
The EFCC said the case involving Gidado has already progressed to court, while further legal steps regarding Tejuoso would follow upon conclusion of investigation and other due legal processes.

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