Find the EFCC press statement below
A 70-year-old man, Adebola Oyewole Asiwaju,
has been arrested by the Economic and Financial Crimes Commission, EFCC,
for allegedly attempting to fraudulently sell the shares of one Olalere Sunday Oladosu.
To perfect the scam, the suspect allegedly forged documents and opened a
bank account in a new generation bank, with the assumed name of
“Olalere Sunday Oladosu”.
Then, he proceeded to instruct Marina
Securities, a brokerage, to dispose of 1.7million units of Zenith Bank
shares valued at N42million and remit the proceeds to the account he
opened with the new generation bank.
The lid on the scam was
lifted when a routine check by staff of Marina Securities revealed some
discrepancies in the documents presented by the suspect and the ones the
genuine owner of the shares had filed with the defunct Intercontinental
Securities Limited.
Consequently, the suspect was arrested by
the Nigeria Police, and later handed over to the EFCC for further
investigation and prosecution.
The suspect is alleged to be
neck deep in stealing shares of unsuspecting investors and selling them
for a commission. He is believed to work for a syndicate and receives 10
percent of the proceeds of any “business” that sails through. His
accomplices are still at large. Other names that Asiwaju has used in
fraudulent shares sale include, Babajide Odunso and Chief Bolaji Carew.
The suspect will be arraigned in court as soon as investigation in
concluded.
Na who dem catch be thief....
ReplyDeleteU guys saying old age, wat of buhari dem, our president nd governors. Are dey not old?
DeleteDIS KIND OLD MAN.NAWA O
ReplyDeleteChai!! Baba so dis is how u wanna enter jail??? It's unfair o! Valentinechisom7@gmail.com
ReplyDeletesad
ReplyDeleteAt 70 he's still into fraud. May God help his children
ReplyDeleteYoruba na aka ntutu.....even @ old Age... Nawaao
ReplyDeleteScam everywhere now
ReplyDeleteHi baby oku, am a Nigerian based in the canada, i would really like to have your contact
DeleteNawaooooo this kind grandpa hmmmmmm.CHI.
ReplyDeleteOld man for God's sake SMH
ReplyDeleteBORN TO SHINE!!!
You can not "unlearn" in old age what you have perfected throughout you youth. 419, Yahoo yahoo of the heighest order!!!
ReplyDeletenawaooo! bribery and corruption has not limit in Nigeria! even at 70! maybe he is preparing for his burial...
ReplyDelete#GoblessNigeria
Hehehhehe....
ReplyDeletePapa Your days must be fruitful by force
Let him face d music nah... Old poor frauster
ReplyDeletePapeee y now? U are too old to do dat...olubukola daniels aka blackmamba...
ReplyDeleteNdi ofe mmanu na fraud ..at 70 instead of giving his life to God onodu na ajo ego ...End time
ReplyDeleteSomeone must have lured this man to it I cant believe he plan this all by himself
ReplyDeleteAt 70 na when he wan finish the money? He start late na! At 70 highest 5 more years before the swear of the person money wey he thief catch am! Now he go spend him twilight years for a one window room wey he dey share with 50 others!
ReplyDeleteNa u b d original baba 70
ReplyDeleteSir Alex ferguson is 72,same age with this man...but crime has made this one look like a 200yr old man #I pity ur children#
ReplyDeleteBaba respect your age
ReplyDeleteKia dis kind old man..
ReplyDeleteAbeg they shud free dis papa, the nigga was only hustling jor..
ReplyDeleteYea he was only hustling to get himself some bread niggaz.
ReplyDeleteLife is hard out there pussy's.what you thought he was gonna be walking in that life support walking stick,eating kola,and in dark old school glasses.
Na no niggaz is legit men,every dickhead out there aint legit,ppl scam to beat themselves off poverty stricken country called nigeria.
Just dat dis old man now is gonnabe behind bars till christ comes.
Sorry aypar,na jail tins 4life.
Judge go consider am say since u don old finish,make dem add 40years to your jail sentence make you just die there.
So what do you say for the younf graduate who invested his/her savings and may lose it all due to securities fraud
Deletea.k.a EDWIN CHINEDU AZUBUKO said...
ReplyDelete.
So even baba sabi this type of thing.... This is serious....
.
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***CURRENTLY IN JUPITER***
...Knew this man thru a banker friend in 2010, they almost mess my life upl with their fraudulen ideas but i thank God, i ve let go to let chist He is a Leader of a fraudulent group including bankers from over 7 banks. In one month he caused five bankers to loss their job. Baba pay the price
ReplyDeleteat 70, hmmmm
ReplyDeleteNa wa o,e no easy
ReplyDeleteSo old age did not slow this baba sown??!!!
ReplyDeleteThis is a shameful act, grandpa at ur age, where are u taking d money to hell I think. A disgrace to ur family at ur age.
ReplyDeleteTypical Old School. Dude holdin the position of a Headmaster in the game n still doin his thang at 70. A born crook n die hard con. I think this Pa wil be useful in related field as his intellect wil assist in curtailin such activities if given the job. Bt i doubt he wil repent.
ReplyDeleteChoi!! No xmas for dis one, but wait, I no say na Yoruba man e go be, desperate Old nigga, God don catch am abeg jail am for life no time!!
ReplyDeleteBaba 70 fraud_star
ReplyDeleteThat serves him right, is that wat u'v bn teaching ur children, how then can Nigeria be void of corruption.
ReplyDeleteA fraudster @ 40 is a scammer forever so I ain't surprised at granpa 'lol' #onelovefromSnow#
ReplyDelete