The Lagos Zonal Command of the Economic and Financial Crimes Commission, EFCC, on Tuesday, February 28, 2023, secured the conviction and sentencing of Transport and Port Management System Limited, TPMS, a company owned by the late Beninoise business mogul, Jean Codo, before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos.

Codo and his company were both arraigned on Friday, December 13, 2019 on an eight-count charge bordering on stealing to the tune of €29 million (Twenty-Nine Million Euros), property of the Federal Government of Nigeria.