Founder of Platform Capital, Akintoye Akindele is in big trouble.

The Nigerian police has sued him for allegedly offering N150 million bribe to the police team investigating him.

Akindele has been in police custody close to a month and was charged before the High Court of the FCT, Abuja on Friday, August 18, 2023.

He was accused of offering the N150 million bribe to the police investigative team working on a petition submitted to the Inspector General of Police (Force Intelligence Bureau) by Summit Oil International Limited over alleged criminal conspiracy, criminal diversion of funds and theft running into millions both in US dollars and Naira.

Besides, the businessman had before now sued the Inspector-General of Police, the Nigeria Police Force (NPF), Summit Oil International Limited, Dr Zulikat Wuraola Abiola, Duport Energy Limited and Mr Oluwatosin Odusanya, before a Federal High Court sitting in Lagos for allegedly detaining him beyond the limit provided by the law.

Police sources said Akindele made an initial payment of N50 million out of the N150 million he offered to facilitate his escape from custody.

Sources said the alleged N50 million bribe was paid from an account named Duport Midstream Company Limited and the board of the company did not know about the existence of the account.

For those who don’t know, Akindele is being investigated on a separate petition filed by concerned shareholders of Duport Midstream Company Limited for alleged misappropriation of millions of dollars fund belonging to the company.

Insiders said Akindele admitted to receiving the funds but allegedly refused to account for it.

Company sources said Akindele have also resisted all attempts by the forensic auditor appointed by the board to investigate discrepancies in the company’s financial records.