Showing posts with label Late MKO Abiola's wife Dr Doyin Abiola reportedly arrested for fraud. Show all posts
Showing posts with label Late MKO Abiola's wife Dr Doyin Abiola reportedly arrested for fraud. Show all posts

Tuesday, November 26, 2013

Late MKO Abiola's wife Dr Doyin Abiola reportedly arrested for fraud

According to a report by Sahara Reporters, one of late MKO Abiola's wife, and former MD of the defunct Concord Newspapers, Dr. Doyin Abiola has been arraigned before the Federal High Court, Lagos, for fraud.

A statement signed by Police Public Relations Officer DSP Ngozi Isintume-Agu said that the Financial Malpractices Investigation Unit (FMIU) of Special Fraud Unit (SFU) said that between 2006 and 2008, as a Director of the Integrated Microfinance Bank, Dr. Abiola granted to herself without collateral and approval from the Management, the sum of N26,611,246.48.
Dr. Abiola, of 42/46 Moshood Abiola Crescent, Ikeja, Lagos, and wife of the late Chief Moshood Abiola, is one of four Managing Directors or Directors of Integrated Microfinance Bank (IMFB) located at 6A Adeniyi Jones Avenue, Ikeja, who were arrested and charged by the SFU.