EFCC Secures Conviction of 18-Year-Old for $800 Gift Card Money Laundering
The Economic and Financial Crimes Commission (EFCC) has secured the conviction of an 18-year-old, Hassan Usman Olamilekan, over money laundering involving $800 worth of gift cards.
Olamilekan was convicted on Friday, October 30, 2026, by Justice Dipeolu of the Federal High Court sitting in Ikoyi, Lagos, following his arraignment by the EFCC’s Lagos Zonal Directorate 1.
He was prosecuted on a one-count charge of money laundering under Section 18(2)(a) of the Money Laundering (Prevention and Prohibition) Act, 2022, which is punishable under Section 18(3) of the same legislation.
Blessing Anolaba
Editorial & Creative Correspondent
A storyteller and journalist passionate about telling stories for policy change and impact.
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