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Adekaz  Arrested! Why His N217m Bank Account Was Blocked

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Adekaz  Arrested! Why His N217m Bank Account Was Blocked

Kemi Ashefon by Kemi Ashefon
3 years ago
in Entertainment, General, Lifestyle, News, Politics
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Adekaz  Arrested! Why His N217m Bank Account Was Blocked
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The National Drug Law Enforcement Agency (NDLEA) has arrested the owner of Adekaz Hotels Ademola Kazeem over alleged drug trafficking and money laundering.

Kazeem was arrested on November 10, according to a statement released over the weekend by NDLEA spokesman Femi Babafemi.

The arrest comes nine days after the socialite was declared wanted following his alleged failure to honour invitations.

Kazeem was named as the alleged sponsor of some traffickers arrested by the anti-narcotics agency in their recent attempt to export cocaine to Dubai, UAE and other destinations outside Nigeria.

“The search for him however paid off on Thursday 10′ Nov when he was successfully taken into custody where he is currently being interviewed.

“His lid was blown open after the arrest of one of his mules, Bolujoko Muyiwa Babalola, a Lagos BRT driver on 27th June at the Murtala Muhammed International Airport (MMIA), Ikeja, when he named Alhaji Ademola Kazeem, alias Adekaz as the owner of the 900grams of cocaine he ingested.

“Following Adekaz’s failure to honour invitations sent to him, the Agency approached a Federal High Court in Lagos with three prayers: to attach and seal his identified properties in choice areas of Lagos Island and Ibadan; declare him wanted and block his bank account with a cash balance of Two Hundred and Seventeen Million Naira (N217,000,000.00), all of which were granted,” Babafemi said in the statement.

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