The Lagos State Police Command has arrested Wasiu Akinwande, popularly known as Olori Eso, and described as the “most wanted vicious and notorious hired killer” in Lagos in recent years.

The 44-year-old man was apprehended during a coordinated tactical operation code-named ‘Silence, Speed and Surprise’ carried out by the Command’s Tactical Squad in his hideout in the Agbado area of Ogun State.

In a statement issued on Friday, Benjamin Hundeyin, the spokesperson of the state command, said Akinwande who is known for terrorising Mushin and surrounding areas was trailed to Ogun after efforts to nab him were unsuccessful.

“Arrest of most wanted vicious and notorious hired killer and head of killers gang in the history of Lagos State in recent time, Wasiu Akinwade a.k.a. Olori Eso, and recovery of nine (9) sophisticated firearms, ammunition, magazines, dagger, walkie-talkies and international passports,” the statement partly read.

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The suspect is accused of leading several deadly gangs responsible for over a decade of violent crimes including armed robbery, murder, cult-related killings, and kidnappings.

Hundeyin disclosed, “This serial killer suspect is the most wanted suspect in Lagos history in recent time.

“His arrest marks a huge success in the ongoing fight against violent crimes that are threats to security and safety of residents in Mushin and some other parts of Lagos State.”

According to the statement, the police recovered a large cache of weapons and incriminating items from Akinwande’s residence, which the suspect “freely admitted he was using for his killing operations with his gang.”

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“The recovered items include: Two (2) AK-47 rifles, one (1) K2 assault rifle, one (1) Red Ryder rifle, three (3) pump action rifles, two (2) locally made single-barrel pistols, five (5) magazines, fifty-seven (57) live cartridges, seventy (70) 5.56 live ammunition, twenty-seven (27) 9mm ammunition, one (1) expended 5.56 ammunition, one (1) dagger, three (3) walkie-talkies, nine (9) international passports belonging to different individuals,” Hundeyin stated.

The Command also said Akinwande’s crimes left deep scars on victims’ families and the public.

“Akinwande’s criminal activities have left trauma, horror, agony and pains in the families of victims of his numerous high-profile crimes under investigation by the Lagos State Police Command.”

It was revealed that the Commissioner of Police, Moshood Jimoh has ordered the Deputy Commissioner of Police at the State Criminal Investigation Department to lead an expanded investigation and arrest other suspects linked to the killings.

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“The Deputy Commissioner of Police, State Criminal Investigation Department (SCID) has been directed by the Commissioner of Police to lead other specially selected crack detectives to broaden the investigation of the cases and round up all other suspects linked to Wasiu Akinwande and bring them to justice.”

Hundeyin said four families have come forward to identify Akinwande as the person behind the killings of their relatives.

He said Akinwande is currently in custody under heavy security and he will “face the full weight of the law for all his crimes.”

Two passengers were on Friday arraigned before Magistrates’ Court, Karu, Abuja, for allegedly stealing driver’s cell phone and cash of N20,000.

The defendants James Ayuba, 31 and Sophia Suleiman, 34 were arraigned on a three-count charge of joint acts, theft and belonging to gang of thieves.

They however, denied committing the offence.

The prosecutor Olarewaju Osho had told the court that the complainant, Mr Joseph Gbenda of Kubwa, Abuja reported the matter at the Karu Police Station on June 18.

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Osho alleged that on June 17, the complainant carried the defendants in his car from Area 1, Garki, Abuja to Nyanya, Abuja, where they alighted.

However, upon dropping the defendants, he discovered that they had jointly conspired and stole his Infinix Smart 3 cell phone and cash of N20,000.

“The complainant reported the matter at Karu police station, and they later traced the defendants to their hideouts behind Karu cemetery and recovered the stolen phone without the cash of N20,000,” he said.

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The prosecutor stated that upon investigation, it was further discovered that the defendants belonged to a gang of thieves specialised in committing crimes.

Osho equally informed the court that the defendants had just been released three days ago on administrative bail by a magistrate court, for committing similar offence.

The prosecutor claimed that the offence contravened sections 79, 288 and 306 of the Penal Code and punishable under the same law.

After listening to the charge, Senior Magistrate, Ngozi Okonkwo adjourned the matter until June 24.

A Warri-based fish farmer, Mr Edafe Imirike, on Friday, told the Federal High Court in Abuja that he was deceived into investing the sum of 10,788 dollars and 64 cents in Afriq Arbitrage System (AAS) Ltd, a cryptocurrency platform.

The company is charged with advance fee fraud by the Economic and Financial Crimes Commission (EFCC).

Imirike, the 1st prosecution witness (PW-1), told Justice Obiora Egwuatu while being led in evidence by the Economic and Financial Crimes Commission (EFCC)’s legal team led by Geraldine Ofulue with Martha Babatunde.

The witness, who identified Mr Jesam Michael, the Chief Executive Officer (CEO) of AAS Limited, in court, said Michael assured him of the safety of his money before investing.

“In 2022, October to be precise, my sister, who resides in Canada, told me about Afriq Arbitrage System (AAS) Limited, and I joined the telegraph platform which was owned by the defendant.

“He told me what to expect.

“He showed me a CAC (Corporate Affairs Commission) document and EFCC certificate to show that the platform was legit.

“I invested the sum of 10,778 U.S. dollars and 64 cents from my fish farming,” he said.

He said he also invited two of his uncles onto the platform.

During cross-examination by the defence lawyer, Uchenna Njoku, SAN, the witness admitted that he invested his money because he was convinced that the investment was genuine.

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“You will not have invested if you believe it was a crime?” the lawyer asked.

“I invested based on the CAC and the EFCC certificates and that the platform was genuine.

“That our capital will be secured. I never knew he had the spare key to take the money whenever he wished,” he responded.

When asked if his uncles and sister were still alive, the witness responded in the affirmative.

“Did any one of them give you a letter of authority to represent them?” Njoku asked.

“I manage the account. I can’t remember if they gave me a letter,” he responded.

When asked if he had received returns on his investment, he responded in the affirmative.

“Just as you receive returns on the investment in your name, so your uncle and others did,” the lawyer asked, and Imirike said, “We received.”

The witness said he indicated in his extrajudicial statement the returns on his investment.

“I withdrew a total of 137 dollars,” he said.

He agreed that he withdrew his first petition against the company at the police station, but based on the assurance that he would get his invested money back.

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When the lawyer put it to the witness that he wrote at the police station that he invested the sum of 10,788 U.S. dollars and 74 cents, Imirike said it was incorrect.

When Njoku also confronted Imirike with a question that he collected the returns of 11,910.00 U.S. dollars, the witness said it was not correct.

“It was because you realised you had withdrawn more than you invested that you decided to settle with the defendant?” the lawyer asked.

“Not correct,” the witness said.

“In full and final settlement of all your interests, the defendant undertook to give you the total sum of N1 million and a 2016 Toyota Corolla, and he did,” the lawyer said.

“Not correct,” the witness responded.

Imirike, however, said that the N1 million and the car given to him were not for settlement but for compensation.

He said he had sold the car.

“I suggest to you that the only reason you filed your petition on May 8, 2025, was because you heard the defendant had been arraigned in court and you felt you could get a second bite,” the lawyer said, but the witness said it was not correct.

Justice Egwuatu adjourned the matter until June 27 and July 4 for the continuation of the trial.

The News Agency of Nigeria (NAN) reports that Justice Egwuatu had, on June 10, ordered the remand of Mr Michael in Kuje Correctional Centre over alleged investment fraud.

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The judge, in a ruling in Michael’s bail application shortly after he was arraigned by the EFCC, refused his bail plea on the grounds of the gravity of the offence and the weight of evidence against him.

Justice Egwuatu agreed with the argument of the EFCC’s lawyer, Babatunde, that despite the instant charge, more petitions were still being received by the commission and other security agencies from victims of the Ponzi scheme of the defendant.

The judge observed that the anti-graft agency, in its argument, also submitted that its further investigation had revealed that there were over 50,000 investors in Michael’s failed investment scheme.

He also held that the victims were aggrieved and it would be in his own safety to remain in government custody pending the conclusion of the trial.

The judge, however, ordered an accelerated hearing of the trial.

NAN reports that the EFCC had, in the charge marked FHC/ABJ/CR/134/2025, dragged Michael and his company, a cryptocurrency trading platform, to court as 1st and 2nd defendants.

The commission, in the seven-count charge bordering on money laundering and advance fee fraud, among others, accused Michael of investment fraud involving 844,416.36 U.S. dollars, N590 million and another 10,000 U.S. dollars.

The EFCC alleged that Michael and his company, between September 2022 and June 2023 in Abuja, while not being a bank or an authorised entity to take deposits, invited the public through advertisements to deposit funds with Afriq Arbitrage System Limited.

This, according to the commission, is in contravention of Section 44(1) of the Banks and Other Financial Institutions Act, 2020, and is punishable under the same Act.

NAN observes that at Friday’s sitting, a crowd of victims stormed the court to observe proceedings.
(NAN)