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Reports have it that the chairman of Obat Oil Limited, the Olugbo Of Ugbo, Fredrick Obateru Akinruntan, was interrogated last Friday and Monday this week, by operatives of the Economic and Financial Crimes Commission (EFCC).
According to SaharaReporters, a source in he EFCC said Akinruntan was grilled in connection with his suspected involvement in money laundering. The amount of money involved in the alleged crime is hoowever yet to be disclosed.
It was learnt that Oba Akinruntan, after he was released last week, was asked to return to the agency on Monday where he faced further questioning from investigators.