The Economic and Financial Crimes Commission, EFCC, has declared Kennedy Izuagbe, a former director of Societe Generale Bank Nigeria Plc and managing director of Carlisle Properties and Investment Limited, wanted. Carlisle Properties and Investment Limited is said to be owned by the embattled Senate President Bukola Saraki who is also going through his corrupt probe.
Mr. Izuagbe, 45, who is being investigated in a case of conspiracy and money laundering to the tune of over N3.6 billion, has gone into hiding and all efforts to reach him have proved abortive, the EFCC said Thursday.
The commission said he is linked to several shady deals and gross financial misconducts that took place in the bank, in which several millions of naira were granted as loan without due diligence.
Mr. Izuagbe, believed to have fled the country, is a native of Iviukhua village, near Agenebode, Etsako East Local Government Area of Edo State.
A statement by the EFCC spokesperson, Wilson Uwujaren, enjoined members of the public with information on the whereabouts of Mr. Izuagbe to contact any of its offices in Lagos, Abuja, Port Harcourt, Enugu, Gombe and Kano, or the nearest police station.
