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Babatunde Oyerinde Abidoun, owner of Barry Jayβs record label, a.k.a. Kashy has been arrested by the EFCC for internet fraud.
The arrest of the CashNation Entertainment boss was made and disclosed by the EFCC via their official Twitter page. Biodun whose music record label which has singer Barry Jhay as one of its signees, was arrested at his residence in Lekki Conservative Estate, Lagos.
It was stated that Abiodun who frequents Nigeria and the United Arab Emirates, UAE, allegedly uses the proceeds of his fraudulent activities to fund his lavish lifestyle. Further 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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