Wale Adeduro,a former chairman of a micro-finance bank situated in Igbosere name withheld has been arrested by the police.Dr.Wale was has being on the Police wanted list was finally nabbed yesterday by officers from the Lagos Special Fraud Department.
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The suspect who is also a Pastor at the Redeemed Christian Church of God Nigeria has managed to dodge the police for 3 years now.He was charged for fraudulent acts and accused of stealing and re-routing customer's money while he was at the micro-finance bank between 2010-2015.The money which was up to fifty million naira was said to been used to establish a bureau de change company,BDC Stillwater Limited.He was arrested alongside with his three associates Kemi Adebayo,Titilayo and Olufemi Tinuoye and are presently held at Special Fraud Unit Office in Ikoyi on orders from the Inspector General of Police.
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