Akintoye Akindele, Chairman of Platform Capital Arrested Alleged Crude Oil Money Diversion (See details)

Akintoye Akindele

IG Big Girl’s Husband, Akintoye Akindele Nabbed For Alleged Fraudulent Activities.

Dr. Akintoye Akindele, the Chairman of Platform Capital, a prominent investment firm, has been apprehended by officers of the Nigeria Police Force in connection with allegations of fraudulent activities involving the diversion of payment for crude oil transactions. The charges specifically relate to transactions with Duport Midstream Company Limited.


The arrest follows an ongoing investigation into the alleged fraudulent diversion of payment for crude oil supplied to Duport Midstream Company Limited. Dr. Akindele had reportedly been invited by the Nigeria Police Force to appear on Monday, July 24, 2023, to address the allegations against him. However, sources reveal that he left the country without complying with the police invitation.


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Akintoye Akindele absconded

Efforts to reach Dr. Akindele for a response regarding the allegations were unsuccessful. Sources familiar with the matter have disclosed that all attempts to hold him accountable for the alleged sale of crude oil and the subsequent receipt of payment have been unsuccessful.

Akintoye Akindele Biography: Age, Wife, Net Worth, Family, Wikipedia and Arrest


In a separate yet related development, Dr. Akindele is also the subject of an investigation based on a petition lodged by concerned shareholders of Duport Midstream Company Limited. The petition accuses him of misappropriating millions of dollars of company funds. As the interim Managing Director of Duport Midstream, Dr. Akindele is alleged to have received these funds but has reportedly refused to provide an account for their usage.

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  • Sources within Duport Midstream have indicated that Dr. Akintoye Akindele admitted to receiving the funds but resisted all attempts made by the board-appointed forensic auditor to investigate irregularities in the company’s financial records. This has raised concerns about transparency and accountability within the company’s operations.


As of now, Dr. Akintoye Akindele is under custody and is undergoing interrogation by law enforcement officials. He faces potential prosecution as the investigation into the allegations against him continues. The developments have sent shockwaves through the business community, raising questions about the regulatory environment and corporate governance in Nigeria’s financial sector. The case highlights the importance of ethical conduct and financial transparency within corporate entities, particularly those holding key positions in the country’s economic landscape.



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