The Economic and Financial Crimes Commission (EFCC), has obtained a forfeiture order on all known properties of Mutairu Atanda Orilowo, the husband of notable actress Laide Bakare, who ha been declared wanted in connection with a case of criminal conspiracy, obtaining money under false pretenses and stealing.
The N2.5bn scam involved hundreds of staffs in MTN telecommunication company, who are members of the Cooperative Society, being their contributions towards the construction of a Y’ELLOW Estate in Okun Ajah, Lagos.
Orilowo declared wanted about four weeks ago, was said to have allegedly conspired with some past executives of the MTN’s Employees Multipurpose Cooperative Society(MEMCOS), namely Victor Akintunde and Gani Mustapha to defraud members through his company, PrimaVera Engineering and Construction Company.
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That Mr Orilowo properties including his two petrol filling stations in Ajah, his house at Ibeju Lekki, No. 1 Otunba Adeniyi Street, Papa-Epe, Lagos and the boutique he opened for actress wife, Laide Bakare has been forfeit, all checks revealed that after several searches for him was abortive, the Commission took the step to obtain a forfeiture order. With the order, his properties would be rented out to offset the huge sum allegedly obtained by fraud from the Cooperative Society, and if he did not show up as at when due, the properties may be put up for sale. As at today, copies of the court orders have been displayed at the two filling stations.
We also gathered that one of his managers (names withheld) after much probe reeled out Orilowo’s properties scattered around Lagos. As at the time of filing this report, Mutairu Orilowo mug shot is in EFCC’s website as a WANTED person.
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Credit: EFCC
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