The Police Special Fraud Unit (PSFU) Ikoyi-Lagos has arraigned Bello Saheed Samuel, a former employee of an investment company, for allegedly embezzling ₦90 million from his employer. Samuel, who worked in the finance department, is accused of converting company funds for personal use and laundering the proceeds through friends’ and relatives’ bank accounts.
According to the PSFU, Samuel fled Lagos with his family after his fraudulent activities were discovered but was arrested in Ekiti State. The investigation is ongoing, with efforts to apprehend other suspects involved.
Commissioner of Police Kayode Ojapinwa warns organizations to strengthen internal controls, particularly in monitoring employees, to prevent insider abuses.
Theives everywhere at any given opportunity