Adegboruwa allegedly conspired with some other persons to lease a property situated at House 105, Nicon Town Estate, Lekki, Lagos to a company named Shelf Drilling Nigeria Limited for the sum of N61, 631,944.65. The property is under an interim forfeiture order by a Lagos State High Court. The money was credited to his Zenith Bank account, from where he disbursed the funds to his accomplices. The matter will soon be charged to court.
Read more at: http://www.vanguardngr.com/2016/05/efcc-arrests-lagos-lawyer-ebun-adegboruwa-n61-6m-fraud/