The National Drug Law Enforcement Agency (NDLEA) has arraigned businessman Afolabi Kazeem Michael, popularly known as KC Luxury, and two others before the Federal High Court in Lagos over the alleged attempted export of 184.5 kilogrammes of cocaine valued at about N39 billion to the United Kingdom.
The other defendants are Boniface Freeman Ochoche Sule and Ikechukwu Ekugo Patriarch.
They were arraigned before Justice Musa Kakaki on a 22-count charge bordering on alleged cocaine trafficking, illegal export of narcotics and money laundering.
According to a statement by the NDLEA Director, Media and Advocacy, Femi Babafemi, the defendants allegedly conspired between July 28 and August 1, 2026, to export the cocaine concealed in five consignments through a Lagos-based courier logistics company to London.
The defendants pleaded not guilty to all the charges.
In the first count, marked FHC/LAG/CR/755/2026, the NDLEA accused Afolabi, Boniface and Ikechukwu of conspiring with Atandare Oladipupo Oluwarotimi and Latifat Yusuf, who were arrested in London in connection with the case, to export the narcotic drug.
The agency said the five consignments were shipped under Airway Bill Numbers 2079998314, 8224082370, 2079973571, 7181131742 and 2211893902, with Yemi Ejide listed as the shipper.
Other counts alleged that Boniface procured Ikechukwu to facilitate the export, while Afolabi allegedly procured a staff member of BOT Express Logistics on Lagos Island to process the consignments.
Afolabi was also accused of unlawfully possessing the cocaine in preparation for its export.
The charge sheet further alleged that he paid N13.2 million from a Mallamawa Ventures Zenith Bank account to BOT Express Logistics as consideration for the shipment.
Sixteen of the counts relate to alleged money laundering by Afolabi, whom the NDLEA accused of moving several billions of naira through various companies and personal accounts.
The entities listed in the charge include Mallamawa Ventures, Fateey Man Multi-Purpose Nig. Ltd, Patonifa Ltd, Ade-Lak Resources, Holmestas Global Services Limited and La Capital Enterprises.
The agency alleged that the funds were used, among other purposes, to acquire motor vehicles and landed properties in an attempt to conceal proceeds allegedly linked to the illicit trade.
Afolabi was also accused of failing to declare his assets to the NDLEA as required by law.
Following the defendants’ pleas and arguments on their bail applications, NDLEA prosecutor Abu Ibrahim opposed the applications and urged the court to remand them in custody pending trial, citing the seriousness of the alleged offences.
Justice Kakaki subsequently ordered that the defendants be remanded at the NDLEA facility and adjourned the case until October 4, 2026, for ruling on the bail applications.
Afolabi, also known as KayCee Luxury, KayCee Lux, KC, Mr. Luxury and Yemi Ejide, was arrested by NDLEA operatives on the night of August 13, 2026, while allegedly attempting to board a business-class flight to Paris from the Murtala Muhammed International Airport, Lagos.
His arrest followed the interception of the 184.5kg cocaine consignment, which the agency estimated to be worth about N39 billion.
The NDLEA said a subsequent search of Afolabi and his Banana Island apartment led to the recovery of exotic vehicles, foreign currencies and jewellery believed to be proceeds of the alleged illicit trade.
The first count charges the three defendants with conspiring with Atandare and Latifat to export the cocaine, contrary to Section 14(b) of the National Drug Law Enforcement Agency Act, Cap. N30, Laws of the Federation of Nigeria, 2004.
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