Skip to content
July 20, 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

Alleged $2.63m money laundering: Court admits Miyetti Allah president to N2bn bail Federal High Court
  • National News

Alleged $2.63m money laundering: Court admits Miyetti Allah president to N2bn bail

July 20, 2026
Cross River Govt. exempts women, elderly drivers from vehicle registration, levies Court sacks Cross River lawmakers
  • National News

Cross River Govt. exempts women, elderly drivers from vehicle registration, levies

July 20, 2026
LASU’s Professor Akhaine to deliver 4th Lateef Jakande Lecture on Thursday in Lagos
  • National News

LASU’s Professor Akhaine to deliver 4th Lateef Jakande Lecture on Thursday in Lagos

July 20, 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

West Africa’s ECOWAS bloc signs agreement backing Nigeria-Morocco atlantic gas pipeline, statement reports regional heads
  • Business & Economy

West Africa’s ECOWAS bloc signs agreement backing Nigeria-Morocco atlantic gas pipeline, statement reports

July 20, 2026
Thunderstorm Kills Six on Farm in Adamawa, Three Survive Police
  • Metro News

Thunderstorm Kills Six on Farm in Adamawa, Three Survive

July 20, 2026
Full list of 12 records set at the 2026 World Cup
  • Sports

Full list of 12 records set at the 2026 World Cup

July 20, 2026
Alleged $2.63m money laundering: Court admits Miyetti Allah president to N2bn bail Federal High Court
  • National News

Alleged $2.63m money laundering: Court admits Miyetti Allah president to N2bn bail

July 20, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.