606 Boss Arraigned Over Massive ‘Crime Proceeds’ Transfer
By Emmanuel Ukudolo I Tuesday, January 20.26
LAGOS, Nigeria- A LUXURY car dealer and music boss, Sarumi Samsudeen Babafemi has been hauled before a judge over claims he helped launder more than N206 million (£95,000) in “dirty money.”
Babafemi—the man behind 606 Autos and 606 Music—appeared at the Special Offences Court in Ikeja, Lagos, on Tuesday to face a five-count charge of conspiracy and concealment.
Prosecutors from the EFCC allege that Babafemi acted as a middleman for notorious associates.
The charge sheet sensationally links him to Ismail Mustapha, the flamboyant social media celebrity better known as Mompha, who is currently listed as being “at large.”
The court heard that between 2013 and 2018, Babafemi used his fleet of companies—including Splash Off Entertainment—to mask the origin of huge sums of cash.
The prosecution claims the “606” boss moved:
N37.6 million to a woman named Omojadesola Shittu Allison and N93 million to one Olanrewaju Ibrahim Oriyomi.
Authorities insist Babafemi “knew or reasonably ought to have known” that the cash was the proceeds of “unlawful acts.”
Dressed for the dock, Babafemi pleaded NOT GUILTY to all charges.
His high-flying lawyer, Kunle Adegoke SAN, told the court he had been forced to work “overnight” to prepare a bail application after only receiving the charges 24 hours earlier.
While prosecutor Ayanfe Ogunsina pushed for the mogul to be thrown behind bars at a correctional centre, Justice Rahman Oshodi showed mercy.
The judge released Babafemi into the custody of his legal team, provided they sign a sworn undertaking to produce him for trial.
The music and motors man will return to court on March 24 to fight for his freedom.