Sponsored
Metro

Multi-Million Naira Market Fraud: Ex-Egbe-Idimu LCDA, Boss, Agba, Adebiyi In Police Net

Sponsored
Sponsored

MICHAEL AKINOLA

The arrest of former Sole Administrator of Egbe-Idimu LCDA, Alimosho, Hon Doyin Salami a.k.a Agba and current Vice Chairman, Hon. Mutiu Adebiyi, may have exposed the fraudulent activities going on in the LCDA for a long time in Lagos State.


P.M.EXPRESS gathered that the Police at Area M Command, Idimu, arrested the duo, Agba and Adebiyi, for allegedly swindling the son of the first class monarch of Isheri Olofin Kingdom, Prince Balogun (Oluomo Kafata), to the tune of millions of Naira under false pretense as Council staff in charge of market in the area.

The suspects, Agba and Adebiyi, were arrested four weeks ago for collecting the money from Prince Idris Balogun (Oluomo) for approval for market at Powerline Bus Stop and Gloryland of which they did not remit the money to the appropriate quarters, rather, they reportedly shared the money.

One Alhaji Tajudeen Enilolobo sent his aide to come and take them on bail and promised to pay N1million at the end of March and April respectively.

However, Agba and Adebiyi were said to have gone into hiding and did not honour the undertaking they wrote at the Command to refund the money to Oluomo.

The exact total amount was not yet disclosed by the Police, who is investigating the matter. But it was gathered that it was several millions of Naira.

Hon Agba was said to have already made confessional statement and presently in detention at the Area Command in Idimu as at the time our correspondent visited Idimu Command but his accomplice, Hon. Mutiu Adebiyi, was still at large and the Police were said to have started manhunt to arrest him for breaching the agreement.

This was confirmed by Prince Balogun (Oluomo), who is the complainant, but declined to make further comments and said the matter was under investigation and that the Police should be allowed to do their investigation over the matter.

However, the incumbent Executive Chairman of Egbe-Idimu LCDA, Hon. Kunle Sanyaolu Olowoopejo, was seen at the Idimu Command trying to rescue the situation.
He was said to have stood as surety for both Agba and Adebiyi after pleading with Prince Idris Balogun a.k.a Oluomo Kafata.

They were said to have signed an undertaking to refund the money fraudulently obtained from Oluomo within a period of time failing upon which they will be charged to Court for prosecution.

Sponsored
Alinnor Arinze

View Comments

  • Seems the reporter has losses are senses.Even the English uses are Gbanjo! Next time you are paid to write rubbish, better check your conscience and words to use.
    Those you mentioned should try everything possible to shut you and your fake blog down!

    If you wanna do your job,Go to Isheri Olofin and ask about Oluomo-The Terror Himself.

Recent Posts

Pecantrust MFB at 10: A Decade of Bridging Gaps, Building Trust

Ten years ago, Pecantrust Microfinance Bank entered Nigeria’s financial landscape with one mission: close the…

2 hours ago

CNG Cheaper, But Fares Stay High – Official Says

PROSPER OKOYE  Commercial drivers using Compressed Natural Gas are yet to reflect the lower cost…

4 hours ago

Man, 46, Arraigned For Allegedly Burgling Shop And Stealing 49 Designer Bags Valued At N3.5 Million

CYRIACUS IZUEKWE A 46-year-old man, Abraham Dominic, has been arrested and charged before the Ejigbo…

6 hours ago

Peter Obi: The Rolling Stone That Cannot Form A Rock

DR. IJEOMAH ARODIOGBU  Peter Obi stands today as the quintessential rolling stone in Nigerian politics.…

6 hours ago

Gov Fubara Extols Seventh Day Adventist For Contributions To Education

The Executive Governor of Rivers State, His Excellency, Sir Siminalayi Fubara, on Thursday said that…

6 hours ago

LATE MR. KELVIN OSITADIMMA IKEGWUONU: PUBLIC NOTICE OF FORMAL DISCLAIMER AND DISASSOCIATION

Solicitors acting on behalf of the Ikegwuonu Family of Achalla/Umuchu, Aguata Local Government Area, Anambra…

6 hours ago
Sponsored