The Economic and Financial Crimes Commission, EFCC, has arrested Abayomi Olufemi, a chieftain of Labour Party in Ogun State for allegedly issuing dud cheques.
Mr. Olufemi, also known as Arabambi, is currently contesting for a House of Representatives seat on his party’s platform, and was arrested by the police and handed to EFCC operatives on Friday, reports say.
EFCC had acknowledged a petition against the politician dated December 17, 2014 and since commenced investigations.
“Mr. Abayomi Olufemi issued a UBA cheque number 00000157 with a value of N1.4million only dated 20th December, 2011,” Oriyomi Abiodun, the petitioner told the EFCC.
“The cheque whose copy is attached to this letter was lodged for payment. The cheque was returned without any money credited into my account. Another UBA cheque with number 00000224 with a value of N1,4000,000.00 dated 30th April,2014 to make repayment for the earlier bounced cheque of N1,400,000.00 with cheques number 00000157 was given to me by Mr Abayomi Olufemi. The cheque bounced and was also returned after lodgment in the bank. Attached also is a copy of the bounced cheque.”
“Mr. Abayomi Olufemi also gave me another UBA cheque with number 00000225 with a value of N500,000,00 dated 30th September,2014. This cheque was also lodged for payment. The cheque bounced and was returned by the bank without any value credited into my account. Attached is a copy of this bounced cheque.”
The petitioner however appealed to the commission for justice.
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