The suspect is blamed for scheme, acquiring cash affectation misrepresentation, redirection of assets, issuance of flop checks and tax evasion to the tune of N800 million.
A man distinguished as Adeleke Adeyemi has been captured by agents of the Economic and Financial Crimes Commission (EFCC) for supposed extortion.
The suspect is blamed for trick, acquiring cash affectation misrepresentation, redirection of assets, issuance of flop checks and illegal tax avoidance to the tune of N800 million.
EFCC representative, Wilson Uwujaren, in a proclamation gave the character of Adeyemi’s assistant as Odusanya Ayotunde Memphis (presently on the loose).
In their abilities as Directors at Wafa Aggregate Limited, they purportedly moved toward EcoBank Plc for a N800 million credit to acquire oil based goods from Covalent Oil and Gas Services Limited in October 2011.
Be that as it may, after acquisition, Adeyemi and Memphis purportedly redirected the assets to their own utilization and defaulted in taking care of the credit.
“Examination uncovered that the five Diamond Bank Plc checks of N10 million each gave by the suspect and his accessory were returned neglected upon introduction”, Uwujaren noted.
The assertion added that Adeyemi will before long be charged to court while the quest for Odusanya is still on.