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Daily Archives: June 5, 2018

Ajudua back in Court Over $1m 419 Deal

Justice Mojisola Dada of an Ikeja Special Offences Court on Monday remanded Fred Ajudua, a one-time Lagos socialite and businessman for allegedly defrauding a Germany-based company of one million dollars 25 years ago. The News Agency of Nigeria (NAN) reports that Ajudua was remanded in prison following his not guilty plea to a 12-count amended charge of conspiracy to obtain ... Read More »

Diamond Bank Drags APC Factional Leader, Fouad Oki To Court Over N212m Debt

Diamond Bank has filed a suit against Lagos state All Progressives Party (APC) parallel party chairman in just concluded state congress, Chief Fouad Ade-Oki before a Federal High Court, sitting in Lagos in a bid to recover a N212,051, 898.22 debt. Joined as co-defendants in the suit is Oki’s firm, Eko Akete Engineering and Construction Company. At the resumed hearing ... Read More »