Tuesday 7 July 2015

Iyaloja Arrested Over N93.8m Fraud Allegations

The market leader (Iyaloja) of Ado-Ekiti, Chief Mrs waye Osho has been arrested by the police in Ekiti state, western Nigeria, for allegedly collecting the sum of N93,860,000 from market men and women in the state after illegally allocating 4,940 spaces to build shops at Awedele market, Ado Ekiti.

Mrs Osho has allocated 4,940 spaces so far at the rate of N19,000 per slot, totalling N93,860,000.

Government had directed her to refund the money already collected, totalling N93.4m, but she has since been unable to pay back. The police are already in possession of video clips of the victims’ complaints and other relevant evidences.