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economic and financial crimes commission
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efcc has stated that its Personnel moved
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into aan radio station on Monday evening
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to effect the arrest of prime time
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program host F AO following allegation
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of fraud she allegedly committed efcc in
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a statement on Tuesday said the managing
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director of the radio station two
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security guards who locked the gate
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against efcc officials were arrested
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alongside f u the EF C statement rates
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on Monday October 14th
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2024 a team of operatives of the en
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zonal directorate of the economic and
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financial crimes commission efcc
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comprising four officers where out of
0:45
ban radio 94.5 FM en to invite one F
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Echo host of prime time a program
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running at the station EO is being
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investigated by the enu zonal
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directorate of the efcc in an alleged
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700 million nairas pons scheme fraud
1:04
5050 victims according to the victims EO
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allegedly L them into investing in a
1:11
scheme life trading in a company
1:14
leverage index limited where they were
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offered Returns on investment of 10% of
1:20
their Capital after a period of time the
1:23
victims alleged that after investing
1:26
their money into the company located at
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number one kery Street Opera Avenue enu
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State the company closed its office with
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no return on investment or principal
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return to the victims Echo allegedly
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invited the victims into the business
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and she remained the only link the
1:44
victims could hold at the radio station
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operatives of the commission holding a
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warrant of arrest for a CO identified
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themselves as officers of the
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efcc they informed the managing director
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of the station B oomi about their
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mission however in a rather strange
2:05
twist a staff of the station called the
2:08
chairman of the radio station who
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ordered that the gates of the building
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be locked in and out thereby holding the
2:14
officer's hostage first with such
2:17
hostility they called for a rescue team
2:20
which eventually arrested omami EO and
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the two security guards who locked them
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within the premises of the station a
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call had to be traed to the for arrest
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because the nature of the fraudulent
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dealings necessitated a stin operation
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that would foreclose her Escape or go
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underground she was neither arrested
2:40
while on her nor any disruption of the
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lawful activities of the radio station
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took place no equipment of the station
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was tampered with and she has since been
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released after being allowed to make a
2:52
statement at the angu office oi and the
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two security guards were arrested for
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obstruction of justice as the initially
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prevented the operatives from carrying
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out their official duties they also read
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statements to that effect and have since
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been released the efcc holds the media
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in high esteem both as the fourth estate
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of the realm and a critical stakeholder
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in the fight against economic and
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financial crimes and other acts of
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corruption but the precipitate and
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unlawful obstruction of officers of the
3:24
commission from carrying out their
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duties by staff of the radio station is
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besides the professional credentials of
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EO a principal suspect in a Ponzi schem
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to the tune of 700 million nairas
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affecting 50 innocent Nigerians are
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questionable the commission hereby calls
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on the international press Institute IPI
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and the Nigerian Union of journalists NJ
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to investigate the conduct of the
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special in the light of integrity and
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ethical professional practice de o he
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media and publicity stated in a
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statement bring you the needs in a more
