Eldee Reveals how Dr. Akintoye Akindele defrauded investors to fund his lifestyle

He took millions of Naira from investors, li£d to them, used the money to sponsor a lifestyle,” Eldee speaks about his experience with Lagos big boy, Dr. Akintoye Akindele, days after he was arrested for alleged fra¥d

The Chairman of Platform Capital, Dr. Akintoye Akindele, has been arrested by personnel of the Nigeria Police Force for alleged fraud¥lemt diversion of payment for crude oil supplied to Duport Midstream Company Limited, The GuardianNg is reporting. 

Akindele, who received the invitation from the Nigeria Police Force to appear on Monday, July 24, 2023, left the country without honoring the invitation, sources said. “All efforts to get Dr. Akindele to account for the crude oil which he allegedly sold and received payment for proved abortive,” the source said.

Dr. Akindele is also currently being investigated based on a separate petition filed by concerned shareholders of Duport Midstream Company Limited for the alleged misappropriation of millions of dollars of company funds.

Sources at the company noted that Dr. Akindele, who also acts as the interim Managing Director of Duport Midstream, admitted to having received the funds but allegedly refused to account for the same. He has also resisted all attempts of the board-appointed forensic auditor to investigate discrepancies in the company’s financial records.Sources close to the police confirm that he is now in their custody for interrogation and possible prosecution, as the investigation of allegation against him continues.

Meanwhile , rapper Eldee in an interview with Tejubabyface, explained in detail how Dr. Akintoye operated his businesses in which he allegedly defra¥ded investors and used their monies to create a lifestyle persona for numerous women.