Alleged $8.3million Fraud: Ajudua Files Objection, Stalls Arraignment

Channels Television  
Updated July 4, 2014

Fred AjuduaA fresh move by the Economic and Financial Crimes Commission (EFCC) to arraign an alleged serial fraudster, Mr Fred Ajudua, before a Lagos High Court sitting in Ikeja has been stalled.

The arraignment was stalled by a preliminary objection raised by Mr Ajudua’s counsel, Mr. Olalekan Ojo.

The one time Lagos socialite, Ajudua, is facing a fresh 32-count amendment charge before Justice Oluwatoyin Ipaye.

In the charges, Ajudua and a registrar in the Lagos State Judiciary, Rosulu Idowu Oluronke, allegedly conspired along with some others, still at large, to cajole and swindle a former Chief of Army Staff, General Ishaya Bamaiyi of $330,000 (three hundred and thirty thousand dollar) while he was in Kirikiri Maximum Prison.

The alleged funds were collected from General Bamaiyi under the guise of being part payments meant for the legal luminary, Afe Babalola’s professional fees to handle his case and facilitate his release from the prison custody. The offence was said to have been committed between November 2004 and June 2005.

In his preliminary objection, however, counsel to Mr Ajudua, Mr Olalekan Ojo, said that the amended charges would prejudice the decision of a pending appeal before the Lagos Division of the Appeal Court.

In the said appeal, Ajudua is challenging the jurisdiction of the lower court as well as the competency of the charge.

The EFCC has objected to the preliminary objection and the court has adjourned till July 30 to hear arguments for and against the application.