Anti-corruption and elections / EFCC
EFCC Arraigns 606 Autos Boss. Babafemi Sarumi for N207m Fraud
Justice Chukwujekwu Aneke of the Federal High court sitting in Lagos, today November 1, 2019 remanded the Managing Director of 606 Autos Limited, Sarumi Samusideen Babafemi in Ikoyi Prison. Babafemi was arraigned by the Economic and Financial Crimes Commission, EFCC alongside three of his companies; 606 Autos Limited, 606 Music Limited and Splash Off Entertainment Limited, on a five count charge bordering on money laundering and conspiracy to the tune of N207.1m. The defendant pleaded not guilty when the charge was read to him. One of the count reads, "that you SARUMI SAMUSIDEEN BABAFEMI (a.k.…
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