News

May 10, 2016

EFCC Arrests Lagos Lawyer, Ebun Adegboruwa, For N61.6m Fraud

The Economic and Financial Crimes Commission, EFCC, has arrested a Lagos-based lawyer, Ebun Olu Adegboruwa, for obtaining money under false pretence to the tune of N61,631,944.65million( Sixty-one Million, Six Hundred and Thirty-One Thousand, Nine-Hundred and Forty-four Naira, Sixty-five Kobo).

Adegboruwa allegedly conspired with some other persons to lease a property situated at House 105, Nicon Town Estate, Lekki, Lagos to a company named Shelf Drilling Nigeria Limited for the sum of N61, 631,944.65.

The property is under an interim forfeiture order by a Lagos State High Court. The money was credited to his Zenith Bank account, from where he disbursed the funds to his accomplices.

The matter will soon be charged to court.