He explained that the suspect, Ajayi Festus, was arrested in Ado-Ekiti following an alleged illicit transaction through his Nigerian bank
”You will recall the shock and embarrassment we all suffered as a people when the news about the indictment of 80 Nigerians in massive cybercrime cases investigated by the Federal Bureau of Investigations of the United State was broken last week.
“We were able to establish a number of illicit transactions through his Nigerian bank account amounting to over N223 million. Ajayi serves as conduit pipe through which proceeds of crimes reach members of the syndicate. His cuts in the deals total over N75 million. “The suspect is still helping the commission in its further investigations. He surely will have his days in court as soon as investigations are concluded and the matter is ripe for prosecution,” he said.The official said the commission is assisting the U.S. authorities in unravelling the syndicate.
“The zone is unrelenting on the mandate of the commission to combat all forms of economic and financial crimes, and the effort is yielding result, our longstanding collaborative engagement with the FBI and other law enforcement agencies remains intact and yielding mutual benefits.” The official also said the commission’s Ibadan zone, which covers the South-west states except for Lagos, had arrested over 263 suspects for cybercrime-related offencesHe also said the zone has recovered huge sums of money in local and foreign currencies.
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