Skip to content
October 12, 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
  • National News
  • Ikeja High Court Discharges Fred Ajudua in $1.69m Suit
  • National News

Ikeja High Court Discharges Fred Ajudua in $1.69m Suit

Admin October 16, 2014

ajuduaAn Ikeja High Court Wednesday discharged a socialite and businessman, Fred Ajudua, of $1.69 million (about N252.8 million) fraud charge.

Justice Kudirat Jose discharged Ajudua and his co-defendant, Charles Orie, following the withdrawal of the charge by the Economic and Financial Crimes Commission (EFCC).

“The charge against the defendants is hereby struck out. The defendants are accordingly discharged,” the judge said.

Earlier, EFCC counsel, Mrs A.E. Sanusi, told the court that some principal prosecution witnesses refused to come to Nigeria to give evidence in the matter.

“Our witnesses are foreigners who are reluctant to come to Nigeria.

“They are citing Ebola virus disease as one of the reasons they do not want to come.

“The first defendant (Ajudua) is at present being remanded in the Kirikiri Prisons; in the circumstances, we are constrained to withdraw the charge.

“We are asking the court to discharge the defendants until we are able to get our witnesses,” Sanusi said.

The defendants were arraigned in 2003 over alleged fraud against two Dutch businessmen – Messrs Remy Cina and Pierre Vijgen.

They were re-arraigned before Jose on February 5, following the transfer of the case from Justice Joseph Oyewole. The EFCC had said that the defendants deceived the Dutch businessmen by claiming that the money was for sundry payments to various government officials.

The commission also said that the defendants claimed that the payments would help them to facilitate a contract worth $18 million on behalf of businessmen.

Ajudua is, however, facing another charge before Justice Oluwatoyin Ipaye.

He was charged with defrauding a former Chief of Army Staff, Gen. Ishaya Bamaiyi of $5.9 million (about N1 billion).

 

 

  • Facebook
  • Share on X
  • LinkedIn
  • WhatsApp
  • Email
  • Copy Link
Tags: mainnews2 newsbar recommended

Post navigation

Previous Military Begin Court Martial of 59 Soldiers
Next ITU Scribe, Toure, Lauds Jonathan’s ICT Landmarks

Related Stories

Police Arrest Dozens in Nationwide Crackdown on Kidnapping, Cultism and Homicide Ekiti abductors
  • National News

Police Arrest Dozens in Nationwide Crackdown on Kidnapping, Cultism and Homicide

October 12, 2026
Troops Rescue 26 Human Trafficking Victims, Arrest Terrorist Leader in Multi-State Raids
  • National News

Troops Rescue 26 Human Trafficking Victims, Arrest Terrorist Leader in Multi-State Raids

October 11, 2026
Revelation at GOCOP conference: Only 38 per cent of Nigerians believe in the credibility of elections
  • National News

Revelation at GOCOP conference: Only 38 per cent of Nigerians believe in the credibility of elections

October 11, 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

Ayra Starr becomes first African artiste to headline NFL
  • International News

Ayra Starr becomes first African artiste to headline NFL

October 12, 2026
World Bank Mobilises $5.79bn in Private Financing for Nigeria’s Digital Infrastructure, Agriculture, MSMEs nigeria
  • Business & Economy

World Bank Mobilises $5.79bn in Private Financing for Nigeria’s Digital Infrastructure, Agriculture, MSMEs

October 12, 2026
World Bank to focus on job creation and productivity through AI – Banga
  • Business & Economy

World Bank to focus on job creation and productivity through AI – Banga

October 12, 2026
In 3 months, US releases names, pictures of 148 Nigerians tagged ‘worst of the worst’ criminals over alleged cybercrimes, drugs, others
  • Crime and Justice

In 3 months, US releases names, pictures of 148 Nigerians tagged ‘worst of the worst’ criminals over alleged cybercrimes, drugs, others

October 12, 2026
  • Home
  • About us
  • Contact us
  • Newsletter
  • Privacy Policy
Copyright © All rights reserved. | DarkNews by AF themes.