Home Business Fraud ICPC Arrests Lagos Council Boss Over Alleged Fund Diversion
Fraud

ICPC Arrests Lagos Council Boss Over Alleged Fund Diversion

Share
Share

The Chairman of Lagos Island East Local Council Development Area, Muibi Folawiyo,   has been arrested by the officials of Independent Corrupt Practices and Other Related Offences Commission (ICPC) the over allegation of fund diversion, reports Business TodayNG.

ICPC spokesperson, Demola Bakare, who made this disclosure to newsmen in Lagos on Wednesday, 2 July, 2025, Folawiyo is being investigated for allegedly stealing public funds, diverting resources for personal use, and bypassing official procedures.

“He was arrested at the council secretariat on 42 Broad Street, Lagos, after repeatedly ignoring invitations which he acknowledged.

“He is currently in our custody. He was arrested by a team from the ICPC Headquarters for the aforementioned reasons but has since been granted administrative bail. He is expected to report back today as the investigation continues,” Bakare said.

Share
Related Articles

EFCC Hands Over Recovered N140m to Loan Firm in Lagos

The Economic and Financial Crimes Commission, EFCC, Lagos Zonal Directorate 2, Okotie-Eboh,...

EFCC Begins Investigation of Suspect Arrested with Counterfeit $212,200 in Kano

The Kano Zonal Directorate of the Economic and Financial Crimes Commission,  EFCC, ...

EFCC Arrests MD for Alleged N128m Land Scam in Enugu

BY SUNDAY SAMUEL-/The Enugu Zonal Directorate of the Economic and Financial Crimes...

EFCC Arraigns One for  N700m Fraud in Lagos

The Lagos Zonal Directorate 1 of the Economic and Financial Crimes Commission,...