Skip to main content

EFCC arrests 27 ‘wonder bank’ operators in Oyo

Group of suspects operating wonder banks
Operatives of the Economic and Financial Crimes Commission have arrested 27 suspected operators of illegal financial institutions, also known as wonder banks.
The head of media, Ibadan zonal office of the agency, Femi Oyewole, who disclosed this on Thursday, said the suspects were arrested at different locations within Ibadan, Oyo State capital.
The suspects include, Olayeni Oladokun Samuel, Managing Director of Unlimited Grace Investment Limited and 10 members of his staff, Chris Igbinake of Grooming Centre and four of his staff and Akanbi Oluwakemi of Grace & Mercy Households Improvement Initiative and four of her staff.
The EFCC spokesman said, others include staffers of Sobic Financial & Investment Consultant, with their identities given as Awokunle Olukemi, Sikiru Obadara, Olasunkanmi Michael, Adeoti Adegboyega, Oyewusi Esther and Ojekunle Victor Olukayode.
He said the suspects have volunteered useful information to the operatives of the commission in their quest to unravel the extent of their illegal activities.
He added that investigations however have revealed that none of the institutions registered with the Central Bank of Nigeria (CBN) before embarking on financial transactions with the members of the public.
“They allegedly give loans to innocent and unsuspecting members of the public who register with them after 10 per cent deposit of the total loans sum and charge 15 to 20 per cent interest on all the loans granted to them,” he stated.
It was also gathered that these companies have branches in and outside Oyo State with thousands of customers spread across Oyo, Lagos, Ogun, Ondo, Kwara States.
“At the point of arrest, several copies of hand flyers for advertisement of their activities and laptops were recovered from them. They would be charged to court as soon as investigation is concluded and a prima facie case is established against them,” the image maker explained.

                             

Comments

Post a Comment

Popular posts from this blog

Police confirms 5 dead, several injured in fresh attacks on Fulani settlements by suspected Mambilla militias

                                  Atleast 5 people were killed and several others injured in fresh attacks on Fulani settlements by suspected Mambilla militia in Sardauna Local Government Area of Taraba State on Saturday. The spokesman for the Taraba State Police Command, ASP David Misal, who confirmed the incident said the crisis started on Thursday over a land dispute between Fulani and Mambilla in Yerimaru village and later snowballed into neighbouring villages. Misal said that units of mobile policemen and soldiers from the 20 battalion in Serti have been dispatched to the area to maintain law and order, adding that several homes were burnt down and many cows killed and stolen during the attack. A fleeing resident Saadu Mogoggo whose house was attacked at Leme suburb of Gembu, said two of his younger brothers were killed their cattle were rustled by the militia. “As I am...
Post a Comment
Read more

My horrible encounter with Ochanya’s alleged abuser – Victim’s sister speaks (1)

Mr and Mrs Ogbanje, Ochanya's parents   Sitting on the bed in a room at Ogene-Amejo village and listening to Rose Abah, mother of the deceased rape victim, Ochanya Ogbanje; there was almost no way of telling what her next stunning revelation would be. She earlier narrated the horrible details about her daughter, Ochanya’s  death . Mrs Abah told PREMIUM TIMES that Andrew Ogbuja made several attempts to rape her other 26-year-old daughter, Esther Ameh. According to Mrs Abah, the incident happened in April, 2018, when Miss Ameh went to the Ogbuja’s to care for her 13-year-old sister who had become perennially sick, after going to live with Mrs Ogbuja who was a maternal second cousin to the siblings. “Do you know that he also tried to sleep with my late daughter’s elder sister, Esther? That one is 13 years older than Ochanya,” Ms Abah said. Pointing at Miss Ameh’s picture hung on the wall, Mrs Abah said her other daughter had gone to the Ogbuja’s to care of...
Post a Comment
Read more

The worst crime a family can do is marrying their scumbag son to an innocent girl in the hope he will miraculously change" Arab influencer writes

    An Arab influencer has raised a discussion about families marrying off their sons who are not responsible enough, to innocent girls.   He pointed out that it has become common and when the man's behaviour doesn't improve after marriage, the woman is blamed.   Abed Alii tweeted: "The worst crime a family can do is marrying their son, who they know is a scum bag, to an innocent girl in the hope he will miraculously change...   "My sympathies are always with the womenfolk. They leave their family and come to an absolutely new one, without any support and then get abused. I’ve heard that so many times. 'maybe she’ll change him. She will make him change his bad habits. She’s a good girl.' It’s not her job to educate your son at the risk of damaging her mental Health!  And vice versa... let’s keep it real."   He added that it goes both ways and he has seen it happen to someone he knows.   Read his tweets below.    
Post a Comment
Read more