• Contact Us
  • About Us
Thursday, June 19, 2025
  • Login
MetroBusinessNews
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate
No Result
View All Result
MetroBusinessNews
No Result
View All Result
ADVERTISEMENT
Home News

Failure to issue warrant stalls Ajudua’s trial for allegedly defrauding Bamaiyi of $8.4m

metro by metro
September 24, 2018
in News
0
0
SHARES
0
VIEWS
Fred Ajudua
Fred Ajudua

The failure of court registrars to issue a production warrant to the authorities of Kirikiri Prisons in Lagos,stalled the fraud trial of Fred Ajudua at an Ikeja High Court on Monday.

Ajudua, a socialite and suspected fraudster is accused of defrauding a retired former Chief of Army Staff, Lt.-Gen. Ishaya Bamaiyi of $8.4 million.

Read Also

Kayode Akinyemi Loses Mother

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

The News Agency of Nigeria (NAN) reports that Justice Josephine Oyefeso was to give a ruling on Ajudua’s application to quash the fraud charges proffered against him by the Economic and Financial Crimes Commission (EFCC).

The production warrant, which was not issued was a necessary documentation to ensure Ajudua’s attendance in court for his trial.

Reacting to the development, Ajudua’s Defence Counsel, Mr Alex Agbaka said: “we are aware that the necessary documents to ensure the defendant’s attendance were not served on the prison authorities.”

Responding, Oyefeso enquired if the court registrars had issued an apology to Agbaka and Mr Temitope Banjo, the Prosecution Counsel for the EFCC.

When the court registrars answered in the affirmative, Oyefeso cautioned them against a repeat of the omission.

She adjourned the case until Sept. 27 for the ruling.

NAN reports that Ajudua, allegedly defrauded the former chief of army staff to the tune of $8.4 million while they were both in custody in Kirikiri Prisons in 2004.

Bamaiyi was in custody for treason while Ajudua was in custody for fraud-related offences.

Ajudua, alongside some accomplices, had allegedly approached Bamaiyi and convinced him that he could hire the legal services of Chief Afe Babalola (SAN), to help secure his freedom, prompting Bamaiyi to give Ajudua $8.4 million as legal fees.

When the fraud came to light, the law chambers of Afe Babalola and Co. issued a disclaimer disassociating itself from the case.

Tags: Fred Ajudua
Previous Post

2 years after, Air Peace to resume Lagos-Asaba route flight Oct. 8

Next Post

Oil prices at 4-year high after OPEC rebuffs Trump

Related Posts

Kayode Akinyemi Loses Mother
News

Kayode Akinyemi Loses Mother

June 16, 2025
Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 
News

Jega Calls For Mandatory Elecrronic Transmission Of Results, Part-Time Legislators 

June 12, 2025
Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General
News

Democracy Day: Fiscal Discipline Key To Nigeria’s Sustainable Devt – Auditor-General

June 12, 2025
Trump
News

Protests Spread Across US Despite Trump’s Threats

June 12, 2025
Next Post
Saudis say to take “big hit” on oil output for OPEC deal, Iran can freeze

Oil prices at 4-year high after OPEC rebuffs Trump

Zenith Bank

Zenith Says Dividend Freeze, Temporary, Exits CBN Forbearance Arrangements By End Of June, 2025

June 18, 2025

Angola to Host ATIDI’s 25th Annual General Meeting as Africa’s Multilateral Insurer Marks 25 years of Impact

June 18, 2025
CBN

CBN’s Forbearance Policy, CRR, LRR May Threaten Banks’ Lending, Proposed $1tn Economy

June 18, 2025
MetroBusinessNews

© 2022 Metro Business News

Navigate Site

  • Contact Us
  • About Us

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Economy
  • Politics
  • News
  • Companies and Markets
  • Energy
  • Sports
  • Real Estate

© 2022 Metro Business News

Go to mobile version