WATCH THE VIDEO HERE The EFCC said it was at the station with a warrant for one Favour Ekoh, who is a presenter at the station, and duly explained its mission to the leadership of the station, but met with hostilities. Naijaonpoint recalls the radio station had accused the EFCC of abruptly halting its transmission on Monday evening by barging into the station and disrupting a live program. The station also accused the EFCC operatives of abducting its presenter and taking away some of its communication equipment. However, the EFCC, in a statement on Tuesday by its Head of Media and Publicity, Dele Oyewale, said the operatives of the anti-graft agency were at the station to invite Ekoh who is being investigated by the Enugu Zonal Directorate of the EFCC in an alleged N700 million Ponzi scheme fraud involving about Fifty (50) victims. The EFCC said its operatives duly identified themselves upon arrival and stated their mission, but the chairman of the station ordered that the gate of the building be locked in and out, thereby holding the officers hostage. Oyewale said the officers had to call for a rescue team, which eventually arrested Omoyomi, Ekoh and the two security guards who locked them within the premises of the Station. He also denied allegations that the EFCC tampared with any equipment of the station. The EFCC spokesperson added that Ekoh and others arrested with he have been released after making statements at the Enugu office of the EFCC. The full statement reads: “On Monday, October 14, 2024, a team of operatives of the Enugu Zonal Directorate of the Economic and Financial Crimes Commission, EFCC, comprising four officers were at Urban Radio 94.5FM, Enugu to invite one Favour Ekoh, host of Prime Time, a programme running at the Station. “Ekoh is being investigated by the Enugu Zonal Directorate of the EFCC in an alleged N700 million Ponzi scheme fraud involving about Fifty (50) victims. According to the victims, Ekoh allegedly lured them into investing in a scheme “Life Trading” in a company, Leverage Index Limited, where they were offered returns on investment of 10 percent of their capital after a period of time. “The victims alleged that after investing their money into the company located at No. 1 Colliery Street, Okpara Avenue, Enugu State, the company closed its office with no return on investment or principal returned to the victims. Ekoh allegedly invited the victims into the business, and she remained the only link the victims could hold. “At the Radio Station, operatives of the Commission, holding a warrant of arrest for Ekoh, identified themselves as officers of the EFCC. They informed the Managing Director of the Station, Bamikole Owoyomi, about their mission. However, in a rather strange twist, a staff of the Station called the Chairman of the Radio Station who ordered that the gate of the building be locked in and out, thereby holding the officers hostage. Faced with such hostility, they called for a rescue team which eventually arrested Omoyomi, Ekoh and the two security guards who locked them within the premises of the Station. “Ekoh had to be trailed to the Station for arrest because the nature of the fraudulent dealings necessitated a sting operation that would foreclose her escape or go underground. She was neither arrested while on air nor any disruption of the lawful activities of the Radio Station took place. No equipment of the Station was tampered with and she has since been released after being allowed to make a Statement at the Enugu office. Owoyomi and the two security guards were arrested for obstruction of justice as they initially prevented the operatives from carrying out their official duties. They also made statements to that effect and have since been released. “The EFCC holds the media in high esteem both as the fourth estate of the realm and a critical stakeholder in the fight against economic and financial crimes and other acts of corruption, but the precipitate and unlawful obstruction of officers of the Commission from carrying out their duties, by staff of the Radio Station, is unacceptable. Besides, the professional credentials of Ekoh, a principal suspect in a Ponzi scheme to the tune of N700m affecting 50 innocent Nigerians, are questionable. “The Commission hereby calls on the International Press Institute, IPI, and the Nigerian Union of Journalists, NUJ, to investigate the conduct of the Station in the light of integrity and ethical professional practice.”The Economic and Financial Crimes Commission (EFCC) has shared its own side of the story on what transpired between its operatives and Urban Radio 94.5FM on Monday.