Monday arraigned Raymond Odika on a six-count charge of criminal conspiracy and obtaining by false pretence.
He was arraigned before Justice Dugbo Oghoghorie of the Federal High Court, Enugu.
Mr. Odika allegedly connived with Solomon Chidi Onyia (still at large) to defraud Malachy Olife and Peter Sunday N624,000 under the pretext that they were staff of the Nigerian National Petroleum Corporation, NNPC.
Mr. Odika pleaded not guilty to all counts of the charge preferred against him.
In view of his plea, the EFCC counsel, I.I. Mbachie urged the court to remand the accused person in prison and fix a date for the bail hearing and continuation of trial.
But before adjourning to March 23, 2016, Justice Oghoghorie admitted the accused person to bail on the grounds that he had been on administrative bail granted him by the EFCC.