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Court Shuts Down Laide Bakare’s Boutique, Other Husband’s Businesses

by AYOMIDE AJALA
May 2, 2014
in News
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For weeks now, the Economic and Financial Crimes Commission, EFCC has declared ‘wanted’ Alhaji Mutairu Atanda Orilowo, the new husband of popular Yoruba actress, Laide Bakare for alleged complicity in a case of criminal conspiracy, obtaining money under false pretences and stealing.
The actress’ husband allegedly conspired with some past executives of MTN’s Employees Multipurpose Cooperative Society(MEMCOS), namely Victor Akintunde and Gani Mustapha to defraud members of the Society through his company, PrimaVera Engineering and Construction Company a whooping sum of N2.5bn.
Since the Alhaji has failed to show to clear himself of all allegations the Economic and Financial Crimes Commission, EFCC, has declared him ‘wanted’ and recently obtained a forfeiture order on all his known properties.

WG reliably gathered, all his properties including his two petrol filling stations in Ajah, his house at Ibeju Lekki, No. 1 OtunbaAdeniyi Street, Papa-Epe, Lagos and the 2014 model of Bentley. boutique he opened for actress wife, Laide Bakare have been confiscated.

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Laide Bakare might seem not to be bothered about EFCC’s threats and that of MTN, which accused her husband of swindling them. But we guess she will be bothered now that the court orders about confiscating her husband’s properties have come to reality.

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