Adeyinka also allegedly gave false information to the EFCC in a petition that accused Barama Energy Resources Ltd and Oladipo Jimoh of issuing a dud cheque worth $82,800.
The misleading claim allegedly led to the use of EFCC’s coercive powers to recover $42,591 from Jimoh, resulting in an overpayment of N14,502,800.
The loan was obtained in Naira and duly reported to the credit bureau as a Naira loan, contrary to the false information provided to the EFCC that it was a dollar-denominated facility.
According to the charge, the alleged offences contravened Sections 411, 325, 301, and 96 of the Criminal Law of Lagos State, 2015.
Adeyinka and his companies, Vale Blue Ltd, Vale Finance and Coral Stone Limited are now expected to appear in court on June 24, for arraignment.