The Economic and Financial Crimes Commission (EFCC) has beamed its searchlight on Olusanya Adediran, the founder of EazzyTranzact Payment Services and Eazzy Oil Petroleum Gas Energy Limited.
Olusanya Adediran, founder EazzyTranzact Payment Services
According to reports, Olusanya Adediran is under probe by the EFCC over an alleged illegal foreign exchange transaction.
The EFCC is investigating Olusanya Adediran at the same time that he is being tried at the Federal High Court, Abuja.
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The court granted the EFCC permission to temporarily seize 10 properties allegedly traced to Olusanya Adediran.
Justice M.G. Umar granted the interim forfeiture order after hearing an ex-parte application brought before the court by the EFCC.
Attached to the ex-parte application marked FHC/ABJ/CS/1174/2025, which was moved by an EFCC prosecutor, was an affidavit identifying the properties as the subject of an ongoing investigation.
Olusanya Adediran
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The anti-graft agency claims that Olusanya Adediran used illegal proceeds to acquire personal properties. The commission also disclosed that the properties were suspected to have been acquired through returns from illegal forex trading.
The seized assets linked to the CEO include: Six (6) blocks of 2-storey buildings located at 28A and 28B Ibiyemi Salvador Street (African Lane), Lekki Phase 1, Lagos; Ten (10) flats in a 4-storey building located at 22 Akiogun Road, Oniru, Victoria Island, Lagos; Two (2) blocks of 2-storey buildings situated at 9 Oba Idowu Abiodun Street, Oniru, Victoria Island, Lagos and Two (2) Mikano generators.
Others include One (1) Ambulance Hiace Super Gel; One (1) Coaster Bus; One (1) Toyota Hilux Bus; One (1) JMC Truck; One (1) Mercedes-Benz G-Wagon and One (1) Range Rover Velar (Sport).
It was further alleged that Olusanya Adediran and his companies misrepresented themselves as legitimate forex traders.
The EFCC stated that under a supposed “Bilateral Currency Exchange Forward Agreement,” the nominal complainant paid N50.4 billion into their accounts for the purchase of $31,514,383.00, to be delivered within 30 days.
The EFCC also alleged that he refused to honour its invitations and had absconded to the United Kingdom.
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