EFCC Raids BOI in Lagos Over Alleged Illegal Sale of Properties, Shares

0

Crusoe Osagie and Chiemelie Ezeobi

The Economic and Financial Crimes Commission (EFCC) on Monday raided the Lagos office of the Bank of Industry (BOI) following discreet investigations it had been conducting.

Although details of the raid were still sketchy, THISDAY gathered from sources that the raid was not unconnected with the allegations of illegal sales of properties and shares belonging to the BOI.

Speaking on anonymity, a source said the EFCC had stormed the Awolowo Road, Ikoyi, office searching for documents that would assist in their investigation.

It was also alleged that the operatives of the agency had tried to arrest the acting Managing Director (MD), Waheed Olagunju, but he successfully evaded their dragnet following a tip-off.

Having failed to take away the acting md, the operatives detailed the staff to inform him to report to EFCC office at Ikoyi today.

The source said, “The raid followed investigation into the alleged illegal sale of BOI properties and shares without due process.”

Another source who debunked claims that the acting MD evaded arrest, said he was not in the office when officials of the anti-graft agency came but was asked to report to the EFCC office.

The source also said that the raid might not be unconnected with the last week’s invitation of a former MD,  by the Independet Corrupt Practices Commission (ICPC).

When contacted, the EFCC spokesperson, Mr. Wilson Uwujaren, told THISDAY that he was driving and would call back.

Until press time, repeated calls made to him and the EFCC Chairman, Ibrahim Magu, were not answered, neither did the text message sent afterwards generate a reply.

FURTHER DETAILS LATER