The Independent Corrupt Practices and Other Related Offences Commission, ICPC has confirmed the arrest and interrogation of Muibi Folawiyo, Chairman of Lagos Island East Local Council Development Area, over alleged fund diversion.
ICPC spokesperson, Demola Bakare, told journalists on Wednesday that Folawiyo is being investigated for allegedly stealing public funds, diverting resources for personal use, and by- passing official procedures.
“He was arrested at the council secretariat on 42 Broad Street, Lagos, after repeatedly ignoring invitations which he acknowledged.
“He is currently in our custody. He was arrested by a team from the ICPC Headquarters for the aforementioned reasons but has since been granted administrative bail.
He is expected to report back today as the investigation continues,” Bakare said.
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