Court remands 606 Autos Boss, Babafemi Sarumi over N207.1m money laundering

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The Federal High court Lagos has ordered that Sarumi Samusideen, the managing director of 606 Autos Limited be kept in Ikoyi Prison after being charged with money laundering and conspiracy to the tune of N207.1m by the Economic and Financial Crimes Commission (EFCC),
The anti-graft agency had disclosed this in a series of tweets on its official channel late Monday.

The statement from the EFCC’s Twitter page read, “Justice Chukwujekwu Aneke of Federal High court Lagos, today November 1, 2019 remanded the Managing Director of 606 Autos Limited, Sarumi Samusideen Babafemi in Ikoyi Prison.

“Babafemi was arraigned by the EFCC alongside  three of his company; 606 Autos Limited, 606 Music Limited and Splash Off Entertainment Limited on a five-count charge bordering on money laundering and conspiracy to the tune of N207.1m.”

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