Kennedy Izuagbe, a former director of Societe Generale Bank Nigeria Plc and managing director of Carlisle Properties and Investment Limited, a company owned by Bukola Saraki, has been declared wanted by the Economic and Financial Crimes Commission (EFCC).
EFCC spokesperson Mr Wilson Uwujaren said 45 years old Kennedy Izuagbe,is been investigated for conspiracy of money laundering to the sum of N3.5 bn and has gone into hiding, all effort to reach him is abortive.
“He is linked to the 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,” Uwujaren said.
“The suspect, who is believed to have fled the country, is a native of Iviukhua village, near Agenebode, Etsako east local government area of Edo state.
“The EFCC enjoins members of the public with information on the whereabouts of Izuagbe to contact any of its offices in Lagos, Abuja, Port Harcourt, Enugu, Gombe and Kano, or the nearest police station.”
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