Showing posts with label N.69m. Show all posts
Showing posts with label N.69m. Show all posts

Tuesday, June 11, 2013

Fred Ajudua remanded in prison over alleged N.69m fraud



An Ikeja High Court on Tuesday remanded a suspected fraudster, Fred Ajudua, who is standing trial for allegedly defrauding two foreigners.

The presiding judge, Justice Joseph Oyewole ordered that Mr Ajudua, who had absconded trial since 2005, should remain in custody till June 24 when his bail application would be ripe for hearing.

The Economic and Financial Crimes Commission (EFCC) in 2003 arraigned Mr Ajudua and his co-accused, Charles Hijiudu for allegedly defrauding two foreigners, Remy Cina and Pierre Vijgen, of about $1.69 million between July 1999 and September 2000.


Justice Oyewole had in January 2006 issued a bench warrant directing the police to arrest the accused and bring him to court, due to his continued absence in court.
He held in a ruling that “The first defendant ceased to be on bail since December 15, 2005 when his bail was revoked.”

ST

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