Babatunde Fowler, former Chairman of the Federal Inland Revenue Service, has been arrested by the Economic and Financial Crimes Commission (EFCC) over an alleged N5bn fraud.
Mr. Fowler, was sacked by President Muhammadu Buhari in 2019, after he was queried for worsening tax revenues since he assumed office in 2015.
He is alleged to have siphoned at least N100bn from Lagos State using Alpha Beta Consulting, a company linked to the national leader of the All Progressives Congress, Asiwaju Bola Ahmed Tinubu.
However, he was released briefly following his arrest in Monday but directed to return to the antigraft agency’s office on Tuesday morning for further interrogation.
