The Economic and Financial Crimes Commission (EFCC) has arraigned popular Nigerian music executive, Ezekiel Onyedikachukwu ThankGod, better known as Eezee Tee, on multiple counts of alleged foreign exchange malpractice and money laundering amounting to $397,106.
Eezee Tee, the founder of gospel music label EeZee Global Conceptz and former manager of gospel sensation Mercy Chinwo, appeared before Justice Chukwujekwu Aneke of the Federal High Court in Ikoyi, Lagos. He was arraigned alongside his company on a seven-count amended charge bordering on unauthorized forex dealings, failure to register with the Special Control Unit Against Money Laundering (SCUML), and undeclared financial transactions.
According to the EFCC, the offenses were committed between 2021 and 2023, with the sum of $141,670 allegedly obtained through illegal forex dealings and another $137,383 deposited into the company’s Zenith Bank account without appropriate disclosures.
Eezee Tee pleaded not guilty to all charges. The court has adjourned the bail ruling to May 9, 2025. Meanwhile, the defendant was temporarily released to his counsel pending the ruling.
In a separate case, the EFCC also arraigned Ntai Bagshaw and his company Terraworks Ltd before the Ikeja Special Offences Court over an alleged N45 million fraud involving a property deal. Bagshaw reportedly received the funds in May 2023 from a victim for the supposed purchase of a 3-bedroom apartment in Ogudu GRA, Lagos, which was never delivered.
Bagshaw pleaded not guilty and was remanded in EFCC custody by Justice Olubusola Okunuga. His bail hearing is scheduled for May 22, 2025.
These developments come amid intensified efforts by the anti-graft agency to clamp down on financial crimes across sectors, including entertainment and real estate.
