Skip to content
September 10, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Political Economist

Political Economist

A liberal News reporting Politics, Sports, Business, Commentaries

  • Home
  • National News
    • Metro News
      • metro
    • Society
    • Crime and Justice
  • Special Reports
    • Investigation
    • Features
    • Interviews
  • Opinion
    • Commentaries
    • Perspectives
  • Press Releases
  • International News
  • Business & Economy
  • Politics
Watch Online
  • Home
  • Press Releases
  • $9.6bn P&ID Fraud : Court Issues Bench Warrant on Nolan
  • National News
  • Press Releases

$9.6bn P&ID Fraud : Court Issues Bench Warrant on Nolan

Admin November 15, 2022
Scammers

EFCC office

Nov. 15, 2022

Justice D U. Okorowo of the Federal High Court, Abuja, on Tuesday issued a bench warrant on James Richard Nolan, a Briton, for jumping bail and failing to appear before him for trial.

In a statement by the Economic and Financial Crimes Commission (EFCC) on Tuesday Nolan, one of the directors of Goidel Resources Limited, a Designated Non-Financial Institution, DNFI, and another company, ICIL Limited, are standing trial on 16- count charges bordering on money laundering.

On the last adjourned date, counsel to the Economic and Financial Crimes Commission, EFCC, G.C Ofulue, sought a bench warrant on the defendant, but the judge decided to give the defence more time to produce him on the next adjourned date.

At the resumed trial on Tuesday, defence counsel, Michael Ajara, told the court that his team was on the trail of the defendant, prompting the prosecution counsel to again request the court to issue a bench warrant on the defendant, and his surety to show cause why his properties should not be forfeited to the Federal Government.

However, Ajara pleaded with the court not to dock the surety yet, explaining that his team, the Nigerian Police, EFCC and the surety himself, are trying their best to produce the defendant before the court.

“My lord, as I speak, even the surety who was in court at the last adjourned date and is still present today, in conjunction with the police, are still searching for the defendant, but up till now, no clue to as what has happened to him, and the police are still investigating. We are still appealing to my lord to again give us more time to know what has happened to him while the investigation is still ongoing”, he said.

The judge thereafter issued a bench warrant on the defendant, and ordered the surety to appear before him on the next adjourned date to show cause why his properties should not be forfeited to the government.
He also adjourned the case till February 7, 2023

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: (DNFI) EFCC G.C Ofulue ICIL Michael Ajara

Post navigation

Previous FRSC: 412 killed in Lagos road crashes in 10 months
Next LAGOS HOSTS DIGITAL CONTENT REGULATION CONFERENCE

Related Stories

Amnesty: 4,000 Nigerians with irregular migration status have left India — Envoy
  • National News

Amnesty: 4,000 Nigerians with irregular migration status have left India — Envoy

September 10, 2026
Nigeria, Cameroon Push for Unified Operations at Ekok-Mfum Border Post federal republic of nigeria
  • National News

Nigeria, Cameroon Push for Unified Operations at Ekok-Mfum Border Post

September 9, 2026
Police Foil Kidnapping Attempt, Arrest Cultists, Recover Arms And Stolen Vehicles in Nationwide Crackdown Ekiti abductors
  • National News

Police Foil Kidnapping Attempt, Arrest Cultists, Recover Arms And Stolen Vehicles in Nationwide Crackdown

September 9, 2026
logo

Political Economist is a liberal news magazine with global affiliations.

At Political Economist, we promote free enterprise and act as a catalyst for the growth of knowledge economy. We are proudly pan-Nigeria yet richly spiced with African and global news. We offer a fair and balanced news reportage presented by our team of well-heeled professional journalists. <

About us

  • 5 Olutosin Ajayi Street, By CPM Church, Ajao Estate, Lagos State, Nigeria
  • +234 805 680 1124
  • info@politicaleconomistng.com

Follow

Subscribe to notifications

You may have missed

Amnesty: 4,000 Nigerians with irregular migration status have left India — Envoy
  • National News

Amnesty: 4,000 Nigerians with irregular migration status have left India — Envoy

September 10, 2026
The Amupitan you do not know, by Ray Umokoro
  • Commentaries

The Amupitan you do not know, by Ray Umokoro

September 10, 2026
Trump ⁠⁠⁠⁠⁠promises $5,000 to every U.S. adult if Republicans win midterm elections
  • International News

Trump ⁠⁠⁠⁠⁠promises $5,000 to every U.S. adult if Republicans win midterm elections

September 10, 2026
Massive crowd as PDP flags-off campaign for Ogun 2027 governorship poll
  • Politics

Massive crowd as PDP flags-off campaign for Ogun 2027 governorship poll

September 9, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.