The Economic and Financial Crimes Commission, EFCC, on Monday, November 19, 2012 arraigned Oluwaseun Ogunbambo, his company Adeline Investment Limited and two others before Justice Adebisi Akinlade of the Lagos High Court, Ikeja, on a 14 count charge bordering on conspiracy to obtain, obtaining by false pretences, forgery and uttering of documents to facilitate credit to the sum tune of N610, 000,000.00 (Six Hundred and Ten Million Naira Only). Two other individuals involved in the conspiracy: Olamide Ogunbambo and David Ayodele Isaac are, however, at large.
Operatives of Economic and Financial Crimes Commission, EFCC, have arrested one Kasimu Lawal Abubakar (a.k.a Abasco), the former Chairman of Sabon Gari Local Government, Zaria, Kaduna State,
The arrest followed a petition alleging that the former council boss abused his office to enrich himself. Other allegations contained in the petition include illegal acquisition of properties worth billions of naira.
The Economic and Financial Crimes Commission, EFCC, on Friday November 16, 2012, arraigned the duo of Joko Agoro Bias and Tunde Oladunmoye Jamiu on a 4 count charge bordering on intent to defraud, forgery and uttering to the tune of US $15, 340.00 (Fifteen Thousand Three Hundred and Forty United States Dollars) before Justice Lateefa Okunnu of the Lagos High Court, Ikeja.