By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
ACLSportsACLSportsACLSports
Notification Show More
Font ResizerAa
  • Home
  • Football
  • Naijaheroes
  • Grassroots
  • Basketball
  • Athletics
  • News
  • More
    • Laughter, Leather & Losses
    • #YOURSPORTSMEMO Podcast
    • Blogs
    • Competition
Reading: MFM ex-football director Adeyemi investigated in ₦80m fraud
Share
Font ResizerAa
ACLSportsACLSports
Search
  • Home
  • Laughter, Leather & Losses
  • Football
  • Naijaheroes
  • Grassroots
  • Basketball
  • Athletics
  • News
  • #YourSportsMemo
Have an existing account? Sign In
Follow US
ACLSports > Blog > Football > NPFL > MFM ex-football director Adeyemi investigated in ₦80m fraud
FootballNewsNPFL

MFM ex-football director Adeyemi investigated in ₦80m fraud

Sola Oyeniyi
Last updated: September 15, 2018 10:32 am
Sola Oyeniyi
Published: September 15, 2018
Share
As featured on NewsNow: Sport news
Sport News 24/7 

On Tuesday reports got to us at ACLSports that MFM former football director, Mr Emmanuel Adeyemi resigned from his role at the club after two years in charge. Story here

However, top sources at the club have revealed that the ex-football director was allegedly involved in mismanagement of funds to the tune of about ₦80m.

According to reports from top sources at the club, Mr Emmanuel Adeyemi was asked by the Vice-Chairman of the club, Pastor Alewi to defend his role in the mismanagement of club funds through which he allegedly pocketed about ₦80m of the club’s funds in a meeting held on the 27th of August – a week before his said resignation.

Till date, our sources reveal that Mr Adeyemi has been unable to respond to this allegation and has instead opted to resign from his role as director of the club.

- Advertisement -

“Kano Pillars game alone we make more than ₦500,000. There are about 4 games like that (Kano Pillars, Enugu Rangers, Ifeanyi Ubah and Enyimba) where we make like double of the normal amount,” our source said. This amongst many other funds have been left unaccounted for.

In addition to this, other allegations have been levelled against Mr Adeyemi and as it stands, the club hierarchy has ordered an audit of the club’s account. It is however left to the club to decide their next move depending on the outcome of the audit.

Team Nigeria medal-less at 2018 World Indoor Championships
WAFU CUP: Rabiu Ali sends Nigeria to tournament’s final
ATTF lists players for Olympic qualifiers
UFOAB U20: Senegal defeat Flying Eagles to lift WAFU Cup
EiE: Osimhen nets goal number six in France
TAGGED:Emmanuel AdeyemiEnugu RangersEnyimbaIfeanyi UbahMFM FCNPFL
Share This Article
Facebook Whatsapp Whatsapp Telegram Email Print
Previous Article FIBAWCQ: Emegano helps D’Tigers survive late scare Vs CIV
Next Article U17 AFCON: Nigeria’s Golden Eaglets face Ghana in final
Leave a Comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Categories

YourSportsMemo

Latest News

Super Falcons to face Sudan or Comoros in LA Olympic qualifiers
News Olympics Super Falcons Women's Football
Super Eagles miss out on World Cup cash boost
Football News Super Eagles
FIFA confirms AFCON 2027 dates 
Football News Super Eagles
Emmanuel Fernandez named Rangers’ Player of The Year
Football News Super Eagles

Stay Connected

FacebookLike
XFollow
InstagramFollow

Archives

Latest News

State FA Cup Wrap: New Champions Emerge in Abia, Oyo
Competition Football News NPFL
Nigerians abroad: Osimhen nets in Istanbul derby; Onyeka champion
English Premier League Football News Super Eagles
Nigerians abroad: Ucheibe wins title, Echegini scores, Okafor makes pro debut
News Super Falcons Women's Football

Subscribe to Blog via Email

Enter your email address to subscribe to this blog and receive notifications of new posts by email.

Join 15.9K other subscribers
ACLSportsACLSports
Follow US
© ACLSports. All Rights Reserved.
adbanner