The Economic and Financial Crimes Commission has arraigned the Chief Executive Officer of Brookfield Group Holdings, Olatunji Oluwaseun Adebola, popularly known as “White Lion,” over an alleged ₦990 million fraud linked to a proposed foreign exchange transaction.
Adebola was arraigned alongside his company, Brookfield Mining Limited, before Justice C. Ngozi of the High Court of the Federal Capital Territory sitting in Maitama, Abuja, on Thursday.
The EFCC, in a statement issued on Thursday, said the defendants were brought before the court on a four-count charge bordering on conspiracy, obtaining money by false pretence and dishonest misappropriation of funds.
The Economic and Financial Crimes Commission has arraigned the Chief Executive Officer of Brookfield Group Holdings, Olatunji Oluwaseun Adebola, popularly known as “White Lion,” over an alleged ₦990 million fraud linked to a proposed foreign exchange transaction.
Adebola was arraigned alongside his company, Brookfield Mining Limited, before Justice C. Ngozi of the High Court of the Federal Capital Territory sitting in Maitama, Abuja, on Thursday.
The EFCC, in a statement issued on Thursday, said the defendants were brought before the court on a four-count charge bordering on conspiracy, obtaining money by false pretence and dishonest misappropriation of funds.