EFCC Arraigns Music Promoter Eezee Tee, Company for Alleged $397,106 Forex Fraud and Money Laundering

The Economic and Financial Crimes Commission (EFCC), Lagos Zonal Directorate 1, on Wednesday, May 7, 2025, arraigned music promoter Ezekiel Onyedikachukwu ThankGod, popularly known as Eezee Tee, before Justice Chukwujekwu Aneke of the Federal High Court in Ikoyi, Lagos.

ThankGod and his company, Eezee Global Concepts Limited, are facing a seven-count amended charge involving alleged forex malpractice and money laundering amounting to $397,106.

Details of the Allegations

According to the EFCC, one of the counts alleges that in June 2023, ThankGod, without authorization from the Central Bank of Nigeria (CBN), negotiated a foreign exchange transaction involving the naira equivalent of $52,895 with one Mr. Oladotun Olaobaju Mureke, an offence punishable under the Foreign Exchange Monitoring and Miscellaneous (Provisions) Act.

Another count alleges that in 2024, ThankGod failed to declare business activities involving $137,383 received into Eezee Concepts' Zenith Bank account to the Special Control Unit Against Money Laundering (SCUML), violating the Money Laundering (Prevention and Prohibition) Act, 2022.

Court Proceedings

ThankGod pleaded "not guilty" to all charges. EFCC counsel, Bilkisu Buhari-Bala, requested that the defendant be remanded in custody and a trial date be set. She emphasized that the defendant had previously failed to honour multiple EFCC invitations and resisted service of court processes.

However, defence counsel, Chikaozolu Ojukwu SAN, pleaded for his client’s release, requesting that bail be granted in “the most liberal terms” and that the defendant be released to him if bail is approved.

The prosecution, opposing the bail application, cited a 16-paragraph counter-affidavit, claiming that ThankGod had defaulted on earlier administrative bail conditions.

Next Steps

Justice Aneke adjourned ruling on the bail application to May 9, 2025, but temporarily released the defendant into the custody of his legal counsel.

EFCC Arraigns Music Promoter, Firm for Alleged $397, 106 Forex Fraud, Money Laundering in Lagos

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission, EFCC, on Wednesday, May 7, 2025, arraigned a music promoter, Ezekiel Onyedikachukwu ThankGod, (a.k.a… pic.twitter.com/jdV4pwWvKS — EFCC Nigeria (@officialEFCC) May 7, 2025