By Ghazali Ibrahim
Edwin Omokhuale, the chief executive of MOED Properties, has been arrested in Ireland over alleged money laundering linked to a US$23 million fraud involving an Australian mining company.
Omokhuale, 39, was arrested by officers of An Garda Síochána at Dublin Airport on Wednesday, September 9, 2026, shortly before he was due to board a flight to Paris.
The arrest followed a warrant issued by UK authorities. The United Kingdom’s National Crime Agency (NCA) said Omokhuale is wanted over money-laundering charges connected to an alleged fraud committed against an Australian mining company in early 2023.
According to the NCA, the alleged fraud involved about US$23 million, equivalent to approximately £17 million.
Investigators believe fraudsters based in the UK deceived employees of the Australian company into transferring money into accounts controlled by them.
Omokhuale was living in the UK when the alleged fraud took place and is accused of involvement in laundering the proceeds.
Records show that an Edwin Omokhuale is the active director and majority shareholder of MOED Properties Limited, with more than 75 per cent ownership and voting rights.
Following his arrest, Omokhuale appeared before a Dublin court as extradition proceedings began to return him to the UK.
