EFCC arrests three for duping Balogun, Olubadan’s Deputy, of N300m

Sola Adeyemo, Ibadan


The Economic and Financial Crimes Commission (EFCC), Ibadan zonal office, has arrested three persons: Babatunde Ologunja, Olusola Olaoye Babatunde and Olufemi Lawal for allegedly duping Olubadan’s deputy, the Otun-Olubadan of Ibadanland, Oba (Dr.) Lekan Balogun of N300 million.

The suspects and others still at large were accused of conspiring to dispossess the revered Ibadan High Chief within a period of the past four years.

Balogun, a former University lecturer, who is also next to the Olubadan in the Olubadan-In-Council hierarchy, was a Senator representing the Oyo South Senatorial District under the platform of the Alliance for Democracy in the National Assembly between 1999 and 2003.

His younger brother, Dr. Kola Balogun, who currently sits in his former position in Nigeria’s upper legislative chamber, had written an emotional petition to the EFCC as ‘a ‘concerned member of the Aliwo family’, seeking the Commission’s intervention in smashing the syndicate and ensuring that members are made to pay for their alleged crime.

The younger Balogun feared that the High Chief may have been charmed by the suspected fraudsters as he was still unable to come to terms with the reality of his situation.

“This request became necessary because we believe strongly that the victim has been hypnotized, he is not in a position to admit it and his health condition is deteriorating,” the Senator stated in the petition.

The sums, according to findings, were not attached to any particular projects and no receipts were issued to indicate the existence of any genuine transactions between the parties.

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