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ICPC quizzes Odu'a boss, others

Published by Punch on Wed, 23 Nov 2011


The Group Managing Director of the Odua Investment Company Limited, Mr. Adebayo Jimoh, and four other management staff of the company were on Tuesday quizzed by officials of the Independent Corrupt Practices and other-related Offences Commission over alleged misappropriation of N10.3m belonging to the company.The anti-graft agency had on Monday invited them to Abuja for interrogation following a petition by the former Estate Manager of the conglomerate, Mr. Ademola Ridwan.Ridwan called on the ICPC to investigate the alleged fraud involving the lease of the companys property situated in Apapa, Lagos State while he was an official of the company. He alleged that rather than being commended for uncovering the fraud, he was sacked while those allegedly involved in the deal were promoted by the management.It was gathered that those quizzed were the Head of the Human Resources Department, Abimbola Ilori; a former Head of Estate Department, Dare Aseweje; the current Head of Estate Department, Mrs. A. Odutola; and one Adedapo.The petitioner, who claimed that he was sacked because he exposed the alleged fraud, explained that he became suspicious when he noticed that his signature was forged on two documents that were presented concerning the property. He said, "I became suspicious because the letter bore my name as a signatory knowing that I did not authorise such a letter and that the company did not mandate any middleman to act on my behalf."
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