ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Sunday, May 31, 2026
NewsOnline Nigeria
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
No Result
View All Result
NewsOnline Nigeria
No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports
ADVERTISEMENT
ADVERTISEMENT
Home Crime Watch

Supreme Court Revokes Fred Ajudua’s Bail, Orders Return To Prison Over Alleged ₦1.04 Billion Fraud

Ajudua is standing trial for allegedly obtaining the sum of $ 1,043,000( One Million, Forty Three Thousand Dollars from a Palestinian, Zad Abu Zalaf, in fraudulent circumstances.

by NewsOnline Nigeria
May 10, 2025
in Crime Watch, Top Stories
0
Fred Ajudua

Supreme Court has revoked Fred Ajudua’s bail and orderedhis return to prison over alleged ₦1.04 billion fraud.

 

NewsOnline Nigeria reports that the Supreme Court has allowed an appeal made by the Economic and Financial Crimes Commission (EFCC) against the decision of the Court of Appeal, Lagos Division which granted bail to a socialite, Fred Ajudua.

This Nigeria news platform understands that Ajudua is standing trial for allegedly obtaining the sum of $ 1,043,000( One Million, Forty Three Thousand Dollars from a Palestinian, Zad Abu Zalaf, in fraudulent circumstances.

 

ALSO: EFCC Arraigns Sunsteel Managing Director, Adewoye For Alleged $680,622.65 Fraud In Lagos

At the beginning of trial in 2005 before Justice M.O Obadina of the Lagos State High Court sitting in Ikeja, Ajudua employed several legal technicalities to stall proceedings which made his arraignment difficult until the matter was re- assigned to Justice J. E Oyefeso and later Justice M. A Dada before whom he was arraigned on June 4, 2018.

Ajudua challenged his denial of bail at the Lagos Court of Appeal and the appellate court granted him bail on September 10, 2018. Dissatisfied with the judgment, the EFCC approached the apex court in suit number SC/ 51C/ 2019. challenging the judgment of the appellate court.

The Commission also entered another appeal before the apex court in suit number SC/912C/2018 against the Court of Appeal Lagos’ judgment ordering the case to be transferred from the court of Justice Dada of the Lagos State High Court to another judge for the case to start de novo.

Delivering judgment on the appeals on Friday, Justice Chioma Nwosu-Iheme, allowed the EFCC’s appeals and revoked Ajudua’s bail granted to him by the Court of Appeal, Lagos and reinstated the ruling of Justice Dada which declined to grant him bail.

NewsOnline Nigeria reports that the Supreme Court also ordered that Fred Ajudua be remanded in the Correctional Centre). The Court further directed that the Chief Judge of Lagos State should reassign the case to Justice Dada to continue the trial.

The apex court further held that the appeal in appeal no SC/912C/2019 has become academic since the payer in that appeal was against an order of the Court of Appeal, Lagos, transferring the case to another court to start the case de novo.

Previous Post

EFCC Arraigns Sunsteel Managing Director, Adewoye For Alleged $680,622.65 Fraud In Lagos

Next Post

BREAKING: FG Declares PWAN A Fraudulent Enterprise With No Operating License In Nigeria

Next Post
PWAN

BREAKING: FG Declares PWAN A Fraudulent Enterprise With No Operating License In Nigeria

Trending Stories

Sulaiman Aledeh

BREAKING: Sulaiman Aledeh Resigns as Managing Director of Edo Broadcasting Service

Caleb University Female Student Leaked Sextape Goes Viral, Sparks Social Media Frenzy (Watch Here)

Balthazar Video Telegram

Balthazar Video Telegram: Watch All 400 Balthazar Engonga Sex Tapes Here

Watch Viral Sex Video of Anambra Married Woman

Watch Viral Sex Video Of Anambra Married Woman With Husband’s Best Friend

Balthazar Video Telegram

Direct Link To Watch All Baltasar Engonga 400 Videos With Government Officials Wives

Tiwa Savage Sex Tape

Tiwa Savage Sex Tape Resurfaces Online After US Interview (WATCH HERE)

Baltasar Engonga Wife Sex Video

Watch Viral Baltasar Engonga Wife Sex Video With Another Man Here

Festus Edovia

Nigeria: Where Leaders Prosper While the Masses Struggle By Festus Edovia

Yaba Stores

Yaba Stores Opens Nationwide Vendor Registration for Business Owners Across Nigeria

Baltasar Engonga Wife Video Knacking Another Man

Watch Full Baltasar Engonga Wife Video Knacking Another Man [#BaltasarEngonga]

Latest Stories

Maj. Gen. Rabe Abubakar

BREAKING: Bandits Kidnap Former Defence Spokesman Maj. Gen. Rabe Abubakar, Wife

Festus Edovia

Nigeria: Where Leaders Prosper While the Masses Struggle By Festus Edovia

FidBank UK

FidBank UK Expands Investment Opportunities for Nigerians with New UK Property Financing Solutions

Yaba Stores

Yaba Stores Opens Nationwide Vendor Registration for Business Owners Across Nigeria

Sulaiman Aledeh

BREAKING: Sulaiman Aledeh Resigns as Managing Director of Edo Broadcasting Service

Wike PDP Faction

Wike PDP Faction Speaks On Endorsing Jonathan for 2027 Presidency To Challenge Tinubu

Atiku

BREAKING: Atiku Slams Tinubu Government Over Rising Hunger, Poverty and Insecurity

US Judge

US Judge Blocks Trump Administration’s $1.8 Billion Compensation Fund Over Legal Concerns

Ebola

FG Places Lagos, FCT, Enugu, 7 Other States on High Ebola Alert Over Deadly New Outbreak

Netanyahu

Israel to Expand Control of Gaza to 70% as Netanyahu Issues New Military Directive

NewsOnline 2026

Get the Latest Naija News, Breaking News, Top Stories, World News, Business, Politics & Entertainment from NewsOnline Nigeria.

RELEVANT PAGES

  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy

ALERT US

Important Press Releases, Special Investigations: admin@newsonlineng.com

OFFICE ADDRESS

13 Poland Street, London, United Kingdom (UK)

Copyright © 2026 NewsOnline Nigeria

No Result
View All Result
  • Headlines
  • Top Stories
  • Politics
  • Crime Watch
  • Entertainment
  • Sports

Copyright © 2023 Newsonline Nigeria