
(JUST IN) ALLEGED N12.3BN FRAUD: OTUDEKO’S COUNSEL PROTESTS IN COURT
Oba Otudeko, the chairman of the Honeywell Group, and his attorney protested the N12.3 billion fraud charge on Monday by appearing before a Federal High Court in Lagos.
Mr. Bode Olanipekun (SAN) informed the court that he was protesting because Otudeko had not received the charge, and two other people were also charged.
The three defendants’ counsel is Olanipekun.
The Economic and Financial Crimes Commission (EFCC) filed the 13-count indictment against Otudeko, Olabisi Onasanya, a former managing director of FirstBank Plc, and Soji Akintayo, a former board member of Honeywell.
Alongside them was a company called Anchorage Leisure Ltd.
EFCC alleged that the defendants obtained the sum under false pretences.
Details later…
NAN
More Stories
UPDATE: POLICE UNCOVER CRIMINAL HIDEOUT AT SAGAMU INTERCHANGE, BEEF UP SECURITY
The Ogun State Police Command on Wednesday said it has beefed up security around the Sagamu interchange, on the Lagos-Ibadan...
FORMER NYSC DG, TSIGA, REGAINS FREEDOM FROM KIDNAPPERS DEN AFTER 2 MONTHS
The former Director General (DG) of the National Youth Service Corps (NYSC), Brig,-Gen Maharazu Tsiga (rtd) has regained freedom from...
JUST IN: FG ORDERS IMMEDIATE REOPENING OF INDEPENDENCE BRIDGE IN LAGOS
The Minister of Works, Senator David Umahi has directed the immediate reopening of the Independence Bridge in Lagos to vehicular...
EDO POLL: IGHODALO HEADS TO APPEAL COURT AS TRIBUNAL AFFIRMS GOV OKPEBHOLO’S VICTORY
The Edo State Governorship Election Petition Tribunal sitting in Abuja, on Wednesday, upheld the election of Governor Monday Okpebholo of...
LAGOS GOVT ISSUES 24-HOUR EVICTION NOTICE TO UNDER BRIDGE LIVESTOCK REARERS
The Lagos State Government has issued a 24-hour eviction notice to individuals illegally occupying the Oja Oba Underbridge at Adeniji...
SPORTS: KENYA ANNOUNCES STRINGENT DRUG TESTS FOR TOKYO WORLD CHAMPIONSHIPS
Kenyan athletes are to be drug-tested three times to qualify for selection to this summer’s world championships in Tokyo as...