The Economic and Financial Crimes Commission (EFCC) has arraigned Musa Saidu Koki, also known as Alhaji Baffa, before the Federal Capital Territory (FCT) High Court in Jabi, Abuja, over an alleged N108.07 million land fraud.
Koki, a former Managing Director of Buffah S.K. & Co. Limited, was brought before Justice F. E. Messiri on Tuesday on a five-count charge bordering on advance fee fraud and obtaining money under false pretence.
According to the EFCC on Tuesday, the defendant allegedly defrauded victims of N108,068,500 through transactions involving a disputed parcel of land located at Plot 526, Cadastral Zone C04, Guzape, Abuja.
In one of the charges, the anti-graft agency alleged that on or about August 15, 2024, Koki obtained N7 million from one Justice Enenche as an agency fee after entering into a joint venture agreement, falsely claiming that he was the beneficial owner of the Guzape property.
The commission said the representation was false and constituted an offence under the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.
Another count alleged that between December 2024 and early 2025, Koki induced Voice Real Estate Limited into a joint venture agreement to develop the same plot of land, causing the company to lose N97,568,500.
The EFCC further alleged that the defendant falsely represented that the property was free from encumbrances despite allegedly knowing that the beneficial owner of the land was former Abia State Governor and Senator, Orji Uzor Kalu.
When the charges were read in court, Koki pleaded not guilty to all five counts.
Following his plea, EFCC prosecuting counsel, F. O. Dibang, urged the court to fix a date for trial and remand the defendant at the Kuje Correctional Centre pending the determination of the case.
Read also:
- Alleged €100m Fraud: Defendant’s Ill Health Forces Adjournment in EFCC Case Against BFI Group, Seven Others
- EFCC Re-Arraigns 2 Suspects, Firms Over Alleged N1.07bn Fraud In Lagos
- EFCC Arraigns Former Port Harcourt Refinery Managing Director For Laundering ₦1bn
However, defence counsel, T. Tonye, appealed to the court to allow his client to remain on the administrative bail earlier granted by the EFCC.
Although the prosecution opposed the application, Justice Messiri ordered that the defendant should continue to enjoy the existing administrative bail.
The judge, however, directed Koki to submit copies of his National Identification Number (NIN) slip and Bank Verification Number (BVN) to the court registrar as part of the bail conditions.
The case was adjourned until July 29, 2026, for the commencement of trial.
