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The Economic and Financial Crimes Commission has confirmed the arrest former Chairman of the Federal Inland Revenue Service, Babatunde Fowler, over an alleged N5bn fraud perpetrated under his watch.

Fowler who is a long time ally of the national leader of the All Progressives Congress, Asiwaju Bola Ahmed Tinubu, is currently being interrogated at the office of the EFCC in Lagos.

It is worthy of recall that nine senior officials of the agency were earlier detained by the EFCC over alleged multi-billion naira fraud in 2019.

Fowler was later sacked by President Muhammadu Buhari in 2019 after he was queried for worsening tax revenues since 2015.

Also, he was accused of a several Crimes amongst which are, lavish lifestyle, bankrolling extravagant parties and concerts in Lagos, poor corporate governance structures at the FIRS, poor audits at the FIRS, high handedness in office and diversion of funds.

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