EFCC arrests Kwara director, 11 mfb chiefs over N2bn SME fraud

The economic and financial Crimes commission, Ilorin Zonal office , has arrested the Director -preferred , Kwara nation Bureau of Small and Medium employer improvement , Segun Soewu, over alleged N 2billion fraud . Also arrested have been Ogudu Samuel of Brightway Micro -finance; A . Ok. Imam of Magajingari of mfb ; Adeleke M. S . Of honest mfb ; Yusuf Muideen of Balogun Fulani mfb ; Issa Abdulrasheed of KCMB mfb, and Oyebode Asimiyu of Apels mfb. Others consist of Lawal Ayo of Omu -Aran mfb; Tope Eniola of Iludun mfb, Lawal Folashade of Stockcarp mfb , Yusuf Tajudeen of First history mfb and Olawoye E. O. Of Offa mfb . The anti -graft organisation stated it in advance received intelligence reports alleging fraudulent misappropriation and mismanagement of approximately N 2bn given via the Kwara country authorities to assist marketplace males and females across the 16 local government areas of the state . Investigations further revealed that at the point of granting the loans, Soew...