The hotel, alleged to be a haven for Internet fraudsters, is being guarded by armed security men from three agencies including the Nigerian Army, the Nigeria Police and the Nigerian Navy.
The Economic and Financial Crimes Commission has arrested a 30-year-old man, Oladimeji Olusegun Ogunfolaju, owner of Lakers Hotel and Lake County Entertainment in Lagos, and 79 others for allegedly involving in Internet fraud.
The hotel, alleged to be a haven for Internet fraudsters, is being guarded by armed security men from three agencies including the Nigerian Army, the Nigeria Police and the Nigerian Navy.
The suspects were arrested during a sting operation on the hotel located at 29, Ebute-Igbogbo Road, Ikorodu, Lagos, on Saturday, March 7, 2020, following an intensive surveillance and intelligence gathering by the commission about their alleged criminal activities.
In his statement, Ogunfolaju stated that he built the hotel, which houses a night club and a strip bar, from proceeds of Internet fraud in 2017.
About 60 of the suspects have volunteered useful information, leading to further investigation.
Some of the items recovered from the suspects at the point of arrest include exotic cars, jewellery, mobile phones and documents.
The commission plans to arraign them in court soon.