An 88-year-old grandfather, Olusola Alaba, has been arrested by the Economic and Financial Crimes Commission, EFCC, over an alleged N1.4 million scam. The old man was this week charged before a Lagos High Court sitting in Ikeja for allegedly obtaining money under false pretext and forgery.
Alaba was accused of fraudulently obtaining N1.4M from one Mrs. Olutoyin Ogundipe, on June 20, 2011 for the purchase of a three bedroom flat located at Plot 8 Oladimeji Alo Street, Lekki Phase One.
EFCC prosecutor, Mr Francis Usani further accused Alaba of forging four international passports in the names of Babatunde Savage, Anthony Okundalaye, Lateef Alli and Magnus Obe, to facilitate the fraudulent act.
Justice Okunnu who presided over the case remanded the defendant in EFCC custody and adjourned the case to March, 26 2013.
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