|Otunba Subomi Balogun, the Chairman of First City Monument Bank stands accused of fraudulent conduct.|
The Ijebu high chief was recently reported as attaining the position of Olori Ebi (Head of Family) of Fusengbuwa Ruling House, which is one of the four major ruling houses that can lay claim to the throne of kingship position, Awujale of Ijebuland.
This puts him in line for the throne.
The former head of the ruling house, Pa Adebisi Adeyemi died a few months ago.
However a major twist has occurred in the matter.
Wednesday, August 21, 2013
Tuesday, August 20, 2013
And this development is labelled 'as a result of the arrest of one of his loyalist in America'
His staunch supporter and chairman of Essien Udim, Local Government area, Mr Nse Ntuen was arrested in the United States of America on Friday August 16 2013 for smuggling $82,000.
He reportedly declared only $5.000 to immigration authorities- the remaining $77,000 was found in his bag on inspection.
He immediately arrested and detained for questioning for over 5 hours for questioning. The Akwa Ibom state official claimed the money was meant for official use.