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Oil Baron arrested by EFCC over N23 billion scam

02 May 2016, 21:21

Abuja - The Economic Financial Crimes Commission has arrested oil tycoon Laitan Adesanya, for his alleged role in the N23 billion scam, Punch reported.

Adesanya, who is the Chief Executive Officer of Lenoil Nigeria Limited was arrested in Lagos.

Also read: EFCC may go after Jonathan's wife over N1trn campaign funds

It is alleged that Adesanya handed to the bank an amount of $1,85 million on the instruction of the former Minister of Petroleum Resources, Diezani Alison-Madueke.

Adesanya was held in custody of the commission before being handed over to the police.

For more on this story visit Punch


- News24


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