$1m Fraud; Court Docks Mr. Fred Ajudua In Ikoyi Prison

The Economic And Financial Crimes Commission (EFCC) has charged Igbuzor born philanthropist Mr. Fred Ajudua before a special offences court sitting in Ikeja for allegation of fraud totalling $1m.
Mr. Ajudua was said to have duped a German businessman Mr. Ziad Abu Zalaf and his company Technical International Ltd, of the sum of $1m.

He appeared in a white attire before Justice Mojisola Dada on a 12 count charge bordering on conspiracy and fraud. The case has been stalled since 2017 under Justice Josephine Oyefeso of the Lagos high Court.

However, the Chief Judge Justice Opeyemi Oke reassigned it to the special court. Counsel to the EFCC Mr. Seidu Atteh pleaded the court to permit the charges to be read to the defendant.

Mr. Norisson Quakers (SAN) Mr. Ajudua counsel quickly responded by asking the court to hear all pending applications before the plea is taken and the judge assented. He went further to ask the court to dismiss the entire suit since it lacks the jurisdiction to entertain the case.

Mr. Ajudua pleaded not guilty to the charges. The Judge, ruled that Mr. Ajudua be remanded in Ikoyi Prison pending the hearing for his bail application. The case was then adjourned till Jan 5.

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