Lagos BDC Agent Remanded Over Alleged ₦21m Fraud
A Lagos bureau de change operator, 42-year-old Hassan Abdullahi, appeared in the Igbosere Magistrate’s Court after being accused of defrauding a customer of ₦21.125 million. He was arrested by operatives of the Zone 2 Command following a petition by a complainant based abroad. Police allege Abdullahi converted foreign currency meant for overseas remittance into his personal account. He faces four charges, including obtaining money under false pretence, stealing and conduct likely to cause breach of peace, under Sections 411, 168, 419 and 287 of the Lagos Criminal Law. Magistrate F. M. Dalley granted bail of ₦21 million with two sureties of like sum, but ordered Abdullahi remanded at Ikoyi Correctional Facility until his bail conditions are met. The case has been adjourned to June 4, 2026 for mention.
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