A total of 103 bank accounts holding N20 billion that belonged to Lagos socialite and businessman Mallinson Ukatu were frozen.
After the businessman was taken into custody for drug peddling and is currently being imprisoned at the Ikoyi Custodial Centre, the National Drug Law Enforcement Agency frozen the accounts.
The socialite and his six businesses—Fruitroprics Industries Limited, Mallinson and Partners Limited, NISPO Porcelain Company Limited, MBL Multi-links Services Limited, NISPO Oil and Gas Limited, and Urban Space Services Limited—have also been the subject of a 23-count complaint brought by the NDLEA before the Federal High Court of Abuja.
The Director of Prosecution and Legal Services, J. Sunday, J. Obi, Bridget Viasimah, and J. Aernan all signed the charges dated August 4, 2022.