Olumide Olusanya Adeniran, the founder of EazzyTranzact Payment Services and EazzyOil Petroleum Gas Energy Limited, has been declared wanted by the Economic and Financial Crimes Commission (EFCC) over alleged involvement in criminal breach of trust and other unlawful financial transactions.
The announcement was made on Friday in a public notice issued by the Commission’s Head of Media and Publicity, Dele Oyewale.
“The public is hereby notified that OLUMIDE OLUSANYA ADENIRAN, whose photograph appears above is wanted by the Economic and Financial Crimes Commission (EFCC) in an alleged case of Criminal Breach of Trust, Money Laundering, Illegal Dealings in Foreign Exchange and Obtaining Money by False Pretence.
“Adeniran is a 40-year-old indigene of Akure in Ondo State and his last known address is at 1B, Ahmad Tijani Ottun Street, Lekki Phase 1, Eti-Osa LGA, Lagos State.
“Anybody with useful information as to his whereabouts should please contact the Commission in its Ibadan, Uyo, Sokoto, Maiduguri, Benin, Makurdi, Kaduna, Ilorin, Enugu, Kano, Lagos, Gombe, Port Harcourt or Abuja offices or through 08093322644; its e-mail address: [email protected] or the nearest Police Station and other security agencies.”
BACKGROUND
Olusanya Olumide Adediran has been under investigation by the EFCC over allegations of involvement in illegal foreign exchange transactions.
As part of the ongoing probe, the Federal High Court sitting in Abuja authorized the EFCC to temporarily seize ten properties allegedly linked to him.
Justice M. G. Umar granted the interim forfeiture order after considering an ex-parte application filed by the EFCC.
The application, marked FHC/ABJ/CS/1174/2025 and obtained by Naijaonpoint, included an affidavit outlining the assets believed to be connected to unlawful financial activities.
According to the anti-graft agency, Adediran is suspected of using proceeds from illegal forex operations to acquire a number of high-value properties and luxury items.
The assets listed in the forfeiture order include six blocks of two-storey buildings located at 28A and 28B Ibiyemi Salvador Street (African Lane), Lekki Phase 1, Lagos; ten flats in a four-storey building at 22 Akiogun Road, Oniru, Victoria Island, Lagos; and two blocks of two-storey buildings at 9 Oba Idowu Abiodun Street, Oniru, Victoria Island, Lagos. Also seized were two Mikano generators, an Ambulance Hiace Super Gel, a Coaster Bus, a Toyota Hilux Bus, a JMC Truck, a Mercedes-Benz G-Wagon, and a Range Rover Velar (Sport).
According to the EFCC, Adediran and his affiliated companies allegedly posed as legitimate forex dealers, entering into a purported “Bilateral Currency Exchange Forward Agreement.”
Under this arrangement, the nominal complainant reportedly transferred ₦50.4 billion into the company’s accounts for the purchase of $31,514,383, expected to be delivered within 30 days.
The agency further alleged that Adediran repeatedly ignored its invitations and has since absconded to the United Kingdom, prompting additional investigative actions.