The Economic and Financial Crimes Commission says it has traced
N223million in illicit transactions in the bank account of arrested
Ekiti-based internet fraudster, Ajayi Gbenga Festus.
Friday Ebelo who is the head of the Ibadan Zonal Head of the
anti-graft agency, made this known during a press conference at its
Iyaganku, Ibadan zonal office today Wednesday August 28th.
According to Ebelo, Festus ran a syndicate with other cybercriminals
abroad to illegally gain access into the accounts of individuals and
organisations to defraud them of their money.
He said illicit transactions made through Festus’ Nigerian bank
accounts amounted to N223million, noting that the suspect serves as a
conduit pipe through which proceeds of crime reach members of the
At the press briefing, Ebelo advised the 80 Nigerians indicted by the
FBI in massive cybercrime cases to come out of their hiding and clear
their names before EFCC operatives get to them. He said its operatives
will arrest those within Nigeria, adding that the operatives have begun a
background check on the suspects.