• Contact Us
  • About Us
Friday, May 15, 2026
  • 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

Iran War Looms Over Trump’s China Visit, Shifts Alliances 

Taiwan Arms Sales, Business, Others On Top Agenda As US President Lands In China For Summit 

UN Calls For ‘Independent’ Probes Into Nigeria, Chad Airstrikes

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

Iran War Looms Over Trump’s China Visit, Shifts Alliances 
News

Iran War Looms Over Trump’s China Visit, Shifts Alliances 

May 14, 2026
Taiwan Arms Sales, Business, Others On Top Agenda As US President Lands In China For Summit 
News

Taiwan Arms Sales, Business, Others On Top Agenda As US President Lands In China For Summit 

May 13, 2026
UN Calls For ‘Independent’ Probes Into Nigeria, Chad Airstrikes
News

UN Calls For ‘Independent’ Probes Into Nigeria, Chad Airstrikes

May 13, 2026
NDC Fixes Presidential Form At N60m Ahead Of 2027 Elections
News

NDC Fixes Presidential Form At N60m Ahead Of 2027 Elections

May 13, 2026
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

Vietnam Ramps Up Crude Import From Nigeria, Others Amid Iran War

Oil Prices Climb More Than 3% On Fears Of New US-Iran Combat 

May 15, 2026
World Bank

World Bank Limits Instagram Comments Over Nigerians Negative Reactions To FG’s Latest Loan Plan

May 15, 2026
Amid Tight Monetary Policy Measures, Nigeria’s Inflation Rises To 21.82% 

Nigeria’s Inflation Rises To 15.69% As Costs Of Food, Transport, Others Increase 

May 15, 2026
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