Former Nigerian Railway MD faces EFCC charges for alleged $385k, N165m money laundering
The EFCC has arraigned Fidet Edetanle, former Managing Director of the Nigerian Railway Corporation (NRC), on seven counts including abuse of office, money laundering, and unlawful enrichment as a public official. The charges stem from alleged misappropriation of public funds totaling $385,000 and N165 million. Edetanle's tenure at NRC ended in 2025 amid corruption allegations. The case highlights ongoing efforts to combat financial crimes in Nigeria's public sector. Details remain under investigation.