BEVERLY HILLS, June 21, (THEWILL) – Following a discreet investigation it had been conducting into the activities of the Bank of Industry, BoI, the Economic and Financial Crimes Commission, EFCC, has raided the development bank’s Lagos office, even as the acting Managing Director, Mr. Waheed Olagunju acted on a possible tip off to escape arrest.
A source, who spoke on the condition of anonymity, told THISDAY that the anti-graft agency had stormed the Marina office on Monday and raided it, searching for documents that would assist their investigation into allegations of illegal sales of properties and shares belonging to the BoI.
“The raid followed investigation into the alleged illegal sale of BoI properties and shares without due process,” said the source.
But following the acting MD’s successful evasion of their dragnet, the operatives detailed the staff to inform him to report to EFCC office at Ikoyi today (Tuesday).
Meanwhile, another source, who debunked claims that Olagunju evaded arrest, told the newspaper that the boss 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 the raid might not be unconnected with last week’s invitation of the former MD, Rasheed Olaoluwa, by the Independent Corrupt Practices and Other Related Offences Commission, ICPC.
