Babatunde Oyerinde Abidoun a.k.a. Kashy, the owner of a record label ‘CashNation Ent. Ltd’ has been arrested by the Economic and Financial Crimes Commission (EFCC) over his alleged involvement in cyber crime.
Babatunde allegedly uses the money from his fraudulent activities to fund his lavish lifestyle and shuttles between Nigeria and the United Arab Emirates (UAE).
Following intelligence gathered overtime about his suspicious lifestyle, he was raided and arrested at his residence in Lekki Conservative Estate in Lagos.
According to the anti-graft agency, investigations linked his fraudulent activities to his domestic staff, Thomas Aliu Akwu who confessed to having different accounts domiciled in UBA, Ecobank, GTB, Zenith Bank and FCMB and also receiving money for his boss through the accounts.
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