The Ogun State Police Command has concluded investigations into an alleged ₦11 million farmland fraud involving two suspects accused of obtaining money under false pretences, money laundering and criminal conspiracy in connection with the purported sale of 20 acres of cocoa and kola nut farmland.
The suspects, identified as Oluwaseyi Oluwatosin Olaleye, 44, and Alhaji Comrade Tirisimiyu Balogun, 67, are expected to be arraigned before the Federal High Court in Abeokuta later today, November 12, 2026.
The police said the case followed a petition by Alhaji Kazeem Olalekan Olanrewaju, who alleged that he was defrauded of ₦11 million in a transaction involving 20 acres of cocoa and kola nut farmland.
According to a statement issued on Thursday by the Ogun State Police Public Relations Officer, DSP Oluseyi B. Babas e yi, anipr, the alleged fraud occurred between June and November 2025 at Alawaya Village, Ehin Osun, via Ijebu-Igbo, Ogun State.
The police said the suspects, alongside another individual, allegedly collected ₦11,000,000 from the petitioner under the pretence of selling him 20 acres of cocoa and kola nut farmland situated at Apora Village.
However, investigations reportedly revealed that after collecting the money, the suspects allegedly diverted the funds for personal use, while the promised farmland was neither transferred to the petitioner nor was his money refunded.
The Command further disclosed that one of the suspects, Olaleye, allegedly fled to Osun State in an attempt to evade arrest after the incident but was subsequently tracked down and apprehended by police operatives.
The investigation also reportedly linked the second suspect, Balogun, and another individual identified as Akinyosola Akinlamon, who is currently at large, to an alleged conspiracy to commit advance fee fraud.
The police said efforts were ongoing to apprehend Akinlamon and ensure that all individuals connected to the alleged fraud are brought to justice.
With investigations now concluded, the two arrested suspects are expected to appear before the Federal High Court in Abeokuta on Thursday to face the charges and take their pleas.
The Ogun State Police Command reiterated its commitment to tackling financial crimes and ensuring that suspected offenders are brought before the courts.
However, the Command emphasised that the two suspects remain innocent until proven guilty by a court of competent jurisdiction.
