Daughter of a former governor of
Oyo State, and a US-trained controversial journalist, Kemi Olunloyo, on Tuesday
shed light on the circumstances leading to the N40 million fraud charge the
police brought against her cousin, Akinkunle Olunloyo last week.
Recall that Akinkunle
was on Friday arraigned before a Lagos Magistrate’s Court for allegedly
obtaining N40m from the management of Aquila Leasing Limited under false
pretence.
Kemi said Akinkunle, a former
night club owner and Chief Executive Officer (CEO) of Code Media Ltd, was
defrauded part of the N40m by some of his friends, who are now on the run.
According to her, Akinkunle, had
repaid N26 million to his creditors.
“Akinkunle owned a night club and
when the economy nosedived, he sold it,” Kemi told The Nation
“He wanted to invest the money
from the sale in a new venture: entertainment hall business. That’s what he
wanted to do.
“Some boys, his friends that he
thought were trustworthy, met him and advised him to take a bank loan. They
promised to assist him through the process. But when he got the loan, the boys
made away with part of the money.
“They did not give it to him. The
debt should ordinarily be owed by everyone involved in the loan deal, but the
others are on the run. Nobody knows where they are, so he is the scapegoat for
the offence.”
“My grandfather, Horatio
Olunloyo, who owns Molete House in Ibadan, had five children: three girls and
two boys. The ‘boys’ are my dad, Dr Victor Omololu Sowemimo Olunloyo, and his
brother, the late Prof. Vincent Olusegun Sowemimo Olunloyo, or my Uncle Segun,
as I call him. My dad is the older sibling, Uncle Segun was the third born.
Both sons have the same initials: V.O.S. Uncle Segun was famous in his own
right. He was a top engineer, very popular at the University of Lagos, where he
lectured. He died last October after an illness and was buried last December.
“Akinkunle Olunloyo is Uncle
Segun’s second son. So, he is my dad’s nephew and my cousin. I saw him just
after he was born in 1978. It was the last time I saw his mum and his two
siblings. So, when I saw him being identified in stories online as my dad’s son,
i.e. my ‘brother’, it was really weird.
“Akinkunle’s mother is Mrs Joko
Olunloyo, wife of Prof. Vincent Olusegun Sowemimo Olunloyo. But they divorced
after some years, so I don’t know if she still uses Olunloyo. I call her Aunty
Joko.
“Aunty Joko told me Akinkunle has
paid back N26 million out of the N40 million, so he owes something like 13 or
14 million naira.”
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