EFCC silent as Oba of Lagos allegedly admits to committing fraud

Oba of Lagos, Rilwan Akiolu, has been verbally referred to the Economic and Financial Crimes Commission (EFCC) for allegedly admitting to money laundering.

Akiolu came under fire after saying the hoodlums who invaded his palace during the #EndSARS protest stole his $2 million and N17 million.

Akiolu, who spoke at the Glover Hall Memorial Commissioning, Lagos on Wednesday, lamented the devastation inflicted on Lagos by the protesters, including his palace.

“I can now say it publicly that they stole from my palace two million dollars cash and N17 million. I am now saying it publicly,” the Oba of Lagos said.

“I am not a wealthy man, but I am a contented person and Insha Allahu, I will continue to be rich.

“Those who committed the offence would not have done that if they knew the implication. But as a father, I won’t place any curse on them,” he added.

Akiolu’s comment has elicited a backlash on social media, with Nigerians asking how he got such a huge amount of money that he kept in his palace.

Many Nigerians who reacted to the story on social lambasted the monarch, asking where he got that huge amount of money.

Some say Akiolu is likely laundering money for politicians. Others accuse him of stealing the funds and hiding it at home from the banking system.

See some tweets:

But the EFCC is yet to respond to the comments.

Sahara Reporters

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