A fraud suspect Arowofela Olufemi has died in the custody of Economic and Financial Crimes Commission, EFCC, after he complained of chest pain. Olufemi, who was being investigated by the commission following allegations by the Securities and Exchange Commission, SEC, that he fraudulently converted over N100 million dividend warrants to himself, died in a military hospital, where he was rushed to by officials of the EFCC. It was reported that he had complained of chest pains early in the day and was rushed to an unnamed military hospital in Lagos, where he gave up the ghost before doctors could attend to him.
In a statement by EFCC spokesman, Wilson Uwujaren, he said the cause of the suspect’s death was unknown as at the time of going to the press. “The cause of the sudden death is yet to be ascertained even as the corpse of the deceased has been deposited at the mortuary of the Lagos University Teaching Hospital. The family of the deceased has already been notified of the incident while the matter has been reported to the Onikan Division of the Nigeria Police.”
He was arrested at the premises of a bank while attempting to cash alleged stolen dividend warrants. After his arrest and detention, he was offered administrative bail but could not produce a surety to perfect his bail thereby leading to extended incarceration.