
(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
75-YEAR-OLD KIDNAPPED KADUNA MAN RESCUED IN KANO
By: Motunrayo Aniwura The Kano State Police Command has successfully rescued 75-year-old Abdulrahman Yunusa from captivity and apprehended one suspect...
U-20: FLYING EAGLES BEAT SENEGAL, ADVANCE TO AFCON SEMI-FIANLS
By Aishat Momoh. O. Following a thrilling penalty shootout victory over Senegal, Nigeria's U-20 national team, the Flying Eagles, qualified...
ECOWAS COURT ORDERS SENEGAL TO LIFT TRAVEL BAN ON EX-MINISTER LAT DIOP, AWARDS COMPENSATION
By Aishat Momoh. O. The ECOWAS Court of Justice has ruled in favor of former Senegalese minister Lat Diop, declaring...
BENUE STATE UNIVERSITY REFUTES N2BN THEFT ALLEGATIONS
By: Motunrayo Aniwura Benue State University (BSU), Makurdi has denied claims that N2 billion went missing from the institution. The...
FORMER BAYELSA MILITARY ADMINISTRATOR, OLUBOLADE, PASSES AWAY AT 70
By: Motunray0 Aniwura Former Military Administrator of Bayelsa State and retired naval officer, Navy Captain Omoniyi Caleb Olubolade (rtd), has...
FOUR DEAD AS CHOLERA SPREADS IN PLATEAU COMMUNITY
By: Motunrayo Aniwura A cholera outbreak has occurred in Bokkos Local Government Area of Plateau State, leading to the death...