13.11.2021 news After Spotting Binance App, FCIID Policemen Extort N6.1m From Crypto Traders in Lagos

Published 13th Nov, 2021

By Emmanuel Uti

On Thursday, November 4, Olamilekan Akinwande and Leke Obase declined to bribe the police, and they found themselves at the Force Criminal Investigation and Intelligence Department (FCIID) in Alagbon, Lagos, pleading not to be jailed.

The duo were at a traffic light in Jakande, Lagos, around 1 pm, when a commercial bus double-crossed their vehicle. Akinwande wanted to raise his voice, but he soon saw policemen alighting from the bus.

“A police officer told me to remain in the car while they searched my boot. Later, two of six policemen entered my car and began to check. They took my friend to their vehicle while they continued to interrogate me,” Akinwande told FIJ.

“They checked my phone and found nothing, but unknown to me, they had found the Binance app on my friend’s phone and found that he had $23,000 on it. Immediately, they handcuffed my friend and asked that we follow them to the police station.”

READ ALSO: How Policemen Detained Engineer for Having Binance App in Lagos

On seeing that the young men were determined to prove that they were innocent, the officers advised them to consider paying N40 million rather than being victims of police brutality.

READ ALSO: After Threatening to Frame Photographer for Fraud, Edo Police Extort N150,000 From Him

“The officers said it was wrong to trade in cryptocurrency that had been banned by the government. But when I reminded them of eNaira, they shunned me,” Akinwande said.

“I insisted that my friend and I would not pay N40 million because we committed no crime, but the officers reduced their initial fee to N20 million. I also refused to comply, and then they slapped me and my friend.”

When the officers saw the men were hell-bent, they took them to the FCIID office in Alagbon. “One of the officers said, ‘Take these ones to Alagbon since they do not want to pay,'” Akinwande said.

According to him, going to Alagbon was like being sold to a more cruel police arm.

“Before I could answer a question, one of the officers in Alagbon slapped me. I could not see for another two minutes. Later, two officers asked for the entire $23,000 in my friend’s wallet,” Akinwande said.

READ ALSO: For Having Crypto Wallet, Lagos Police Extort N50,000 From Man at Gunpoint

“When we saw the length the officers would go to get us jailed, we had to agree to their terms. Afterwards, we sent $15,000 (N6.1 million at the current exchange rate) to them. But that was where our ordeal began,” Akinwande said.

Some officers brought out fraudulent documents and forced Akinwande and his friend to sign them. The officers also took mug shots of the young men and a video where they identified themselves as internet fraudsters on the orders of the police officers.

“I lost all hope that day,” Akinwande told FIJ. “I thought I would go to prison the following day. The worst thing was that we had no access to our phones until they let us go.”

FIJ made several calls to CSP Adekunle Ajisebutu, Lagos State Police spokesperson, but he did not answer them. A text message sent to his phone was also not responded to.

Published 13th Nov, 2021

By Emmanuel Uti


Our Stories

Police Officers

In Lagos, Police Officers Take N120,000 From Thespian Amid Slaps

Osun Police Extort N1.01m From Phone Vendor, Customer After ‘Pinning Phone Theft on Them’

Over N16,000 Loan, Zuma Cash Sends Defamatory Message About Customer Before Payment Deadline

For Dragging Door With Them, Suspected Kidnappers Push Woman Off Moving Bus in Lagos

Customer’s N502,000 Still With Travelstart Two Years After Flight Cancellation

Nigerian Gang Black Axe ‘Sends Members to Ireland Banks, IT Firms to Move €14m Realised From Fraud’

4 Years After Maturity, Niger Insurance Has Not Paid Investor’s N380,000

Green Africa Airplane

3 Months After Cancelling Flight, Green Africa Airways Yet to Refund Hairstylist

SPECIAL REPORT: Soilless Farming to the Rescue. How to Boost Agriculture Without Hurting Forests

FCMB Customer Received N485,000 From an Unknown Account. Now, She Fears for Her Life