Owner of Adekaz Hotels,Ademola Kazeem has been declared wanted by the National Drug Law Enforcement Agency over drug trafficking and money laundering due to his failure to honour its invitations following an order of a Federal High Court in Lagos on October 17, 2022.
The agency added that Kazeem was fingered after the arrest of some drug traffickers in an attempt to export cocaine to the United Arab Emirates and other foreign destinations .In a statement signed by its Director, Media and Advocacy, Femi Babafemi, on Tuesday, the NDLEA also said it sealed seven properties of the wanted suspect — six in Lagos and one in Oyo State — and blocked his bank account with a balance of N217 million.
“The National Drug Law Enforcement Agency, NDLEA, has declared wanted Lagos socialite and owner of Adekaz Hotels, Alhaji Ademola Afolabi Kazeem (a.k.a Alhaji Abdallah Kazeem Muhammed) over offences bordering on exportation and trafficking of illicit drugs as well as money laundering.“The decision to declare the suspect wanted followed his failure to honour NDLEA invitations and an order granted the Agency by a Federal High Court in Lagos on Monday 17th October 2022. The wanted drug kingpin was uncovered as the sponsor of some traffickers arrested by the anti-narcotics agency in their recent attempt to export cocaine to Dubai, UAE and other destinations outside Nigeria.“Soon after the arrest of one of his mules, Bolujoko Muyiwa Babalola, a Lagos BRT driver, on 27th June at the Murtala Muhammed International Airport, MMIA, Ikeja, Alhaji Ademola Kazeem who is also the Chairman of Adekaz Global Integrated Services, went underground. Following his failure to honour invitations sent to him, the Agency approached a Federal High Court in Lagos with three prayers: to attach and seal his identified properties in Lagos and Ibadan; declare him wanted and block his bank account with a cash balance of Two Hundred and Seventeen Million Naira (N217,000,000.00), all of which were granted. 
“As a result, NDLEA operatives on Wednesday 26th October 2022 sealed six of the identified properties located on Lagos Island. They include: 105 Tokunbo street off Broad street, Lagos Island; 1 Abibu Oki street off Marina, Lagos Island; 3 Abibu Oki street off Marina, Lagos Island; 54 Palm Church street, Lagos Island; 26 Agarawu street, Lagos Island; and 41 Foresythe street, Lagos Island. The other one is located at 1 Irepodun zone, Adepoju bus stop, Ajoda Ayedun, Ibadan, Oyo state”.The statement read in part.
