The
fraudsters numbering 17,in number were
arrested by the operative of The Economic and Financial Crimes Commission
(EFCC), on Tuesday, in Oyo state.
According to the statement issued by its spokesperson, Wilson
Uwujaren, reads: “The Economic and Financial Crimes Commission, (EFCC), has
arrested a syndicate of fraudsters implicated in the stealing of N1.7billion
pension funds meant for retirees of Oyo State primary schools.
“Principal suspects
involved in the scam are: Muili Hakeem Aderemi, former Executive Secretary, Oyo
State Local Government Pension Board and Iyabo Giwa, former treasurer, Oyo
State Local Government Pension Board. Others are Adeshina Jimoh Ayoade, former
Cashier, Oguntayo Banji, former Internal Auditor; and Adebiyi Olasunbo
Musendiq- former Administration Officer, all of Oyo State Local Government
Pension Board.
“The rest are, Muili Adedamola; Salewa Adedeji; Kareem
Rasheed; Johnson Bosede; Adeduntan Johnson; Olomide Olaide; Oyebamiji Akinlolu;
Adewale Kehinde; Saka. M. Ikeola; Oluokun Funmilayo; Oyetunji Taiwo and Olujimi
Philip Adebayo.
“Investigations by the EFCC showed that all the pension offices
in the 33 local governments in Oyo State were affected by the scam. The Pension
Board reportedly received a total sum of N4,140,020,501.72 from both the
Federation Account and the Oyo State Government between September 2010 and
February 2011. Out of this amount, a total cash withdrawal of N1.711, 894,
667.05 was fraudulently made by the suspects. “Items recovered from the
suspects include buildings; poultry farms; power generating sets and
undeveloped plots of land.
“The suspects will be charged to court as soon as investigations
are concluded.”
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