The residents of Omole (Phase 2) Estate were thrown into serious crisis after they discovered that over N9m they had contributed for security and protection of the estate over a period had disappeared and was diverted into private purse in Lagos.

P.M.EXPRESS scooped that crisis hit the area after the Residents Community Development Association, CDA asked them to make another contribution for the upkeep of the estate. The angry residents asked the CDA executives to know what happened to the millions of Naira they had contributed in the past for the same purpose and the CDA executives were unable to explain Thus, the residents mobilised and an inquiry was made into the account details of the CDA and the revelation was shocking to the residents.

P.M.EXPRESS learnt that it was discovered that a whopping sum of N9m was not accounted for and it was not even recorded in the residents or CDA account book for over two years.

The scam was reported to the police at Isheri Division who probed the accounts and discovered massive fraud that had taken place for that period.

One of the executives of the CDA, Mr. Lekan Somorin has been arrested in connection with the alleged fraud. The police alleged that the 50-year old Somorin who was the administrative officer of the estate had between 2016 and 2017 deliberately falsified the account books and refused to make entries of the money contributed in order defraud the residents.

He was charged before Ikeja Magistrates court for forgery and stealing.

He pleaded not guilty.

The Presiding Magistrate, Mrs. B.O.Osunsanmi granted him bail and ordered him to be remanded in prison custody pending when he will perfect his bail condition.

However, the alleged fraud had thrown the residents into serious crisis and the leadership of the CDA were said to have gone underground to avoid being attacked by the residents.

P.M.EXPRESS reports that some of the residents expressed shock over the alleged fraud insisting that it was not only Mr. Somorin that was involved in the alleged fraud because there were other executives that worked with him.
It was also gathered that the fraud has caused serious crisis in the estate as some of the residents said that they might not contribute any money again since it has been discovered that the CDA was collecting the money and diverting it to other purposes.