By DAUD OLATUNJI
ABEOKUTA—The Ogun State Judicial Commission of Inquiry into Land Matters yesterday issued a bench warrant of arrest on the former Managing Director of Gateway City Development Company, GCDC, Kayode Anibaba, branch Manager of the First City Monument Bank, FCMB, in Ogba, identified  as Mrs.Abiodun and Anibaba’s Personal Assistant, Femi Fasanu.

While issuing the order of arrest yesterday, the Chairman of the Judicial Panel, Justice Abiodun Akinyemi alleged that Anibaba  has been indicted through a petition that he  fraudulently diverted the state fund into his personal account.

The Chairman,  who ordered the state Police Commissioner, Nicholas Nkemdeme to effect the arrest of the accused, said, the affected persons had illegal transaction with  a company,  known as Kayode Fasipe Farms, KFF.

During the panel sittings, Sanyaolu,  had  appeared before the Commission  and testified in  a petition written by KFF that, Anibaba instructed the farms to pay N150 million  into the coffers of government while the remaining N250 million was allegedly  paid into a private account.

Anibaba’s aide was alleged to have admitted that he floated two companies, Patent Properties Limited and Home Realtors Limited in which he claimed in his evidence that a sum of N55 million  was paid to his company accounts by his boss to clear and sand fill for Ulysis Company Limited without due process.

In the case against   the FCMB’s branch manager, Akinyemi said her arrest  was sequel to her refusal to produce the statement of account of Mr. Femi Sanyaolu on two  occasions as directed by the commission..

The Chairman ordered that the trio should be arrested and brought before the commission on January 10, 2012.