P
ProfRem
Guest
Billionaire businessman and lawyer, Tunde Ayeni, is in detention at the headquarters of the Economic and Financial Crimes Commission in Abuja in relation with the ongoing investigation of former Minister of the Federal Capital Territory, Bala Mohammed, for alleged fraud.
Mr. Ayeni was arrested Thursday and has remained in detention ever since, with investigators asking him to refund one billion Naira he allegedly received from Mr. Mohammed in questionable circumstances.
“We will release him once he pays back the money,” an EFCC official familiar with the matter said Friday night.
The official said the two men struck the N1billion deal using Aso Savings and Loans, an Abuja-based Primary Mortgage Institution. Mr. Ayeni was chairman of the bank.
The EFCC is investigating Mr. Mohammed, who was arrested on October 24, for alleged financial crimes in excess of N1.6 trillion.
Mr. Ayeni was arrested Thursday and has remained in detention ever since, with investigators asking him to refund one billion Naira he allegedly received from Mr. Mohammed in questionable circumstances.
“We will release him once he pays back the money,” an EFCC official familiar with the matter said Friday night.
The official said the two men struck the N1billion deal using Aso Savings and Loans, an Abuja-based Primary Mortgage Institution. Mr. Ayeni was chairman of the bank.
The EFCC is investigating Mr. Mohammed, who was arrested on October 24, for alleged financial crimes in excess of N1.6 trillion.
