Police in Ekiti state have arrested the market leader (Iyaloja) of Ado Ekiti, Chief Mrs Waye Osho for allegedly collecting the sum of N93,860,000 from market men and women in the state.
Reports said she illegally allocated 4,940 spaces to build shops at Awedele market, Ado Ekiti.
The government had directed traders in Oja Oba market in Ado Ekiti to relocate to Awedele area of the state capital so as to enable the government to rebuild the market.
The Iyaloja capitalised on the desperation of the traders to bill them N19,000 per shop space and the 4,940 traders that paid have started building shops on the land without recourse to the government.
Government had directed her to refund the money already collected, totalling N93.4m, but she refused.