Naija News

Alleged N30bn Fraud: Court orders Nigerian billionaire, Oba Otudeko to appear for trial

Published

1 day ago

March 17, 2025 Follow

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NAIJA NEWS: Alleged N30bn Fraud: Court orders Nigerian billionaire, Oba Otudeko to appear for trial [New Naija News] » Naijacrawl

Photo: Naijacrawl

The Federal High Court sitting in Lagos has ordered Nigerian Billionaire, Oba Otudeko, to take a plea in the charges filed against him by the Economic and Financial Crimes Commission.

Read Also : Female Nigeria Richest Billionaire, Alakija Orders 1 Million Test kits, 1Million Face Mask, 10 million Hand Sanitizers For Nigerians.

The order was given by Justice Chukwujekwu Aneke on Monday.

This comes after the anti-graft commission had filed a 13-count charge against Otudeko, who doubled as Chairman of Honeywell group and three others over an alleged N30 billion loan fraud

At the hearing of the matter, the judge said Otudeko must take his plea before an application challenging the court’s jurisdiction on the case can be decided.

Justice Aneke subsequently adjourned the case to May 8.

Meanwhile, Otudeko last month refuted allegations against him.

On January 20, Bode Olanipekun, counsel to Oba Otudeko protested the charges against his client in Lagos Court.

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Naija News

Alleged $6.3M Fraud: Court shifts FG’s Charges against CBN Staff, Others

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2 weeks ago

February 27, 2025

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Naija News

Breaking: Supreme Court quashes Senator Nwaoboshi’s conviction on alleged N805m fraud

Published

1 year ago

July 07, 2023

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Naija News

Police Arrest Crypto Billionaire BLord Over Fraud

Published

8 months ago

July 16, 2024

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NAIJA NEWS: Police Arrest Crypto Billionaire BLord Over Fraud [New Naija News] » Naijacrawl

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Operatives of the Nigeria Police Force have arrested Linus Williams, popularly known as BLord, in Abuja on Tuesday. The crypto billionaire faces allegations of cryptocurrency fraud, terrorism funding, and aiding internet fraud, among other charges against his companies.Muyiwa Adejobi, the Force spokesperson, confirmed the arrest in an interview, stating that it followed numerous complaints against BLord's businesses. "Yes, we have him with us. The FCID (NPF-NCCC) is...

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