Connect with us

News

Supreme Court revokes bail granted Fred Ajudua in alleged $1.04m fraud case

Published

on

The Supreme Court has ordered that Lagos socialite, Fred Ajudua should be returned to prison custody preparatory to the resumption of his trial in relation to a $1,043,000 fraud case brought against him by the Economic and Financial Crimes Commission, EFCC.

A five-member panel of the apex court issued the order in a unanimous judgment delivered on Friday in an appeal, marked: SC/CR/51/2019 filed in the name of the Federal Republic of Nigeria, FRN, by the EFCC, with Ajudua as the sole respondent.

In the lead judgment by Justice Chioma Nwosu-Iheme, the apex court revoked the bail granted to Ajudua by the Court of Appeal in Lagos in a judgment delivered on December 10, 2018.

Justice Nwosu-Iheme held that the Court of Appeal had no jurisdiction to grant the bail it granted Ajudua in the December 10, 2018 judgment having found incompetent the brief of argument filed in Ajudua’s appeal against a July 5, 2018 ruling by Justice Mojisola Dada of the HIgh of Lagos State, Ikeja, rejecting his request for pre-trial bail.

The judge further held that, having found that Ajudua’s brief of argument was incompetent and proceeded to strike it out, the Court of Appeal was wrong to have still considered the incompetent brief and granted the appellant’s prayer for pre-trial bail.

She said: “It is crystal clear that the lower court was on all fours with the law when it declared the appellant’s brief of argument incompetent and struck it out.

“At that point, the appellant’s (Ajudua’s) appeal was extinguished. There was therefore, nothing more to consider in that appeal. The lower court, at that point, had no jurisdiction to proceed further. It had become functus officio.”

Justice Nwosu-Iheme held that the action of the lower court, in proceeding to consider the arguments canvassed in the brief of argument it earlier found to be incompetent, was an exercise in futility and a complete nullity.

She added: “Since the lower court had no jurisdiction to consider other issues canvassed in the brief of argument, which it had declared incompetent and struck out, it would amount to an academic exercise to delve into any other issue in the appeal.

“This appeal, having been determined on the issue of jurisdiction alone, the issue of bail is inseparable from the appeal itself.

“This appeal succeeds and it is hereby allowed. The decision of the trial court dated the 5th day of July 2018 refusing bail to the respondent (Ajudua) is hereby restored.

“The respondent is to be remanded in prison custody. Accordingly, this case is remitted back to the Chief Judge of Lagos State to be assigned to the same trial judge, M. A. Dada J for the continuation of speedy trial and determination within the shortest possible time,” Justice Nwosu-Iheme said.

The Embassy of the State of Palestine had, in a letter dated August 26, 1993 to the then Minister of Foreign Affairs and copied the IGP, accused Ajudua of obtaining $1,043,000 by false pretence from a Palestinian, Ziad Abu Zalaf, who was then based in Germany.

Upon the completion of investigation, the EFCC filed a 12-count charge against Ajudua before the High Court of Lagos State in Ikeja.

In the charge, the EFCC alleged among others, that Ajudua conspired with one Joseph Ochunor, who is still at large, to obtain money by false pretenses from Ziad Abu Zalaf of Technical International Ltd., a division of Mystic Company Ltd., a German-based company.

It also alleged that, with intent to defraud, Ajudua and Ochunor obtained $268,000 on April 2, 1993 from Zalaf and on May 12, 1993 again obtained the sum of $225,000 from Zalaf.

The EFCC equally claimed that Ajudua and Ochunor, in a bid to give credence to the alleged scam, forged a Central Bank of Nigeria (CBN) receipt and Nigerian National Petroleum Corporation (NNPC) and presented it to the foreigner as genuine.

Ajudua was subsequently arraigned. But, before trial could commence, his lawyer, Olalekan Ojo brought an application for pre-trial bail, claiming his client was suffering from serious health challenge.

In a ruling on July 5, 2018, Justice Dada refused the bail application and ordered him to submit himself for trial, a decision Ajudua appealed at the Court of Appeal in Lagos.

It its judgment on December 10, 2018, a three-member panel of the Court of Appeal reversed Justice Dada’s decision and granted bail to Ajudua.

Justice Mohammed Garba, in the lead judgment of the Court of Appeal, held among others, that bail is a constitutional right, which the appellant (Ajudua) ought to enjoy.

The EFCC was dissatisfied with the decision of the Court of Appeal and challenged it at the Supreme Court, which appeal the apex court allowed in it judgment on Friday and proceeded to restore the earlier decision of Justice Dada denying bail to Ajudua.

News

PRESIDENT TINUBU’S TRIBUTE TO CENTENARIAN ALHAJI TANKO YAKASAI

Published

on

Of the noble men and women who stood firm for our liberty and freedom from repressive colonial subjugation, Alhaji Tanko Yakasai is the last man standing. Born a hundred years ago in Kano City, Alhaji Yakasai exemplifies a purposeful life, carving out a meaningful legacy despite humble beginnings.

Disturbed by the injustice and maltreatment he witnessed under colonial rule, he chose to join the fight for Nigeria’s liberation. As a young man, Baba Yakasai channelled his energy into the struggle for the emancipation of his people and the rest of the country as a freedom fighter, journalist, and frontline political activist.

His activism led him to join hands with comrades in the Northern Elements Progressive Union (NEPU), led by the visionary radical Mallam Aminu Kano. Through NEPU, Yakasai and his co-travellers launched a massive awakening campaign in Northern Nigeria, igniting the fire for the Independence struggle.

In the aftermath of Nigeria’s Independence in 1960, Yakasai maintained an abiding faith in the country and its development. He played several significant roles, including serving as State Commissioner in Kano under Military Governor Audu Bako and as Special Assistant on National Assembly Liaison to President Shehu Shagari during the Second Republic.

In both youth and old age, Yakasai remains a shining example of commitment to Nigeria. He is a consensus builder who consistently weighs in on the side of national cohesion, peaceful coexistence, and democratic consolidation.

In celebrating Baba Yakasai today, I am not only celebrating the man and his personal achievements, but also a century of dedicated service to freedom and democracy and many years of supporting me and the progressive cause.

I am pleased to join family, friends and associates to celebrate the life and commitment of Alhaji Tanko Yakasai as he turns 100 on December 5.

President Bola Ahmed Tinubu, GCFR
President and Commander-in-Chief
Federal Republic of Nigeria
December 4, 2025

 

Continue Reading

Business

Boris Johnson Says He Feels “Perfectly Safe” in Nigeria, Praises Imo State’s Progress

Published

on

Former British Prime Minister Boris Johnson has expressed confidence in Nigeria’s security, saying he feels perfectly safe during his visit to the country. His remarks come amid ongoing reports of insecurity in various parts of Nigeria, making his statement a notable endorsement of the nation’s stability in certain regions.

Johnson made the declaration on Thursday, December 4, 2025, while addressing participants at the Imo State Economic Summit 2025 in Owerri, the state capital. He acknowledged having read travel advisories and news reports highlighting security concerns prior to his trip but said his experience has been reassuring.

He said he feels perfectly safe in the country and emphasized that the summit environment and local hospitality contributed to his sense of security. He also asked the audience if they felt safe, receiving an enthusiastic affirmation.

During his visit, Johnson commended Governor Hope Uzodimma and the Imo State Government for their development initiatives, particularly efforts to provide 24-hour electricity. He highlighted the potential of Nigeria as a hub for innovation and economic growth, noting the opportunities presented by emerging technologies such as artificial intelligence.

While his statements have been welcomed by some as a boost to international confidence in Nigeria, analysts caution that the former prime minister’s experience reflects only a controlled and secure environment within Imo State. Several parts of the country continue to face challenges, including banditry, communal conflicts, and kidnappings.

Nonetheless, Johnson’s visit and remarks are significant, sending a positive message to investors and global observers about Nigeria’s potential for stability and progress. They also underscore the contrast between localized experiences of safety and broader security challenges across the country.

Continue Reading

Business

Dangote to Uzodimma: Just show me where to invest

Published

on

Dangote

By Emmanuel Iheaka, OWERRI

The President of Dangote Group, Aliko Dangote has assured Governor Hope Uzodimma of Imo State that his group will be one of the biggest investors in the state.

Dangote gave the assurance at the opening session of the Imo Economic Summit 2025 in Owerri on Thursday.

The renowned Africa’s industrialist urged Uzodimma to indicate his preferred area of investment and forget the rest.

Dangote described the Imo governor as a personal friend of decades and commended him for providing enabling environment for investment.

“We will be one of your biggest investors in Imo. So, please tell me the area to invest and we will invest”, Dangote declared.

He called on entrepreneurs to always invest at home, adding that foreigners cannot drive the economy of any nation more than the nationals.

“What attracts foreign investors is a domestic investor. Africa has about 30 percent of the world’s minerals. We are blessed,” he submitted.

Dangote reiterated that his refinery was set to launch 1.4 million barrels per day capacity, the highest for any single refinery in the world.

Continue Reading

Trending