ADVERTISEMENT
  • About Us
  • Advertise
  • Contact Us
  • Privacy Policy
Monday, June 8, 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

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

Fred Ajudua

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

Baltasar Engonga Wife Sex Video

Watch Viral Baltasar Engonga Wife Sex Video With Another Man Here

Oyo Attacks

Oyo Attacks And the Complacency of Government By Gabriel Akinlade-Daniel

FG Asked To Probe Google, Meta, TikTok, X, Amazon Over Privacy Harm To Nigerians

OnlyFans Sex Videos Of Anita Brown

Watch OnlyFans Sex Videos Of Anita Brown, Davido’s New Baby Mama

Baltasar Engonga Wife Video Knacking Another Man

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

Civil Servants

BREAKING: FG Abolishes Mandatory Three-Month Pre-Retirement Leave for Civil Servants

Balthazar Video Telegram

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

Latest Stories

Oyo Attacks

Oyo Attacks And the Complacency of Government By Gabriel Akinlade-Daniel

FG Asked To Probe Google, Meta, TikTok, X, Amazon Over Privacy Harm To Nigerians

Banks

Banks Earn N209bn from Account Maintenance Charges as Fee Income Nears N1 Trillion in Q1 2026

NERC

BREAKING: NERC Approves Compensation for Band A Customers Over Power Supply Shortfalls

Adebayo Adelabu

BREAKING: Gunmen Kidnap Ex-Tinubu Minister Adebayo Adelabu’s Sister, Twin Sons in Ibadan

Union Bank, Polaris, Keystone

BREAKING: CBN Grants Union Bank, Polaris, Keystone Extra Time to Meet Recapitalisation Requirements

Black Sunday

BREAKING: CAN Declares June 14 ‘Black Sunday’, Demands State of Emergency on Insecurity

Nnamdi Kanu

BREAKING: US Congress Takes Fresh Action On Nnamdi Kanu’s Conviction

Petrol Price

Petrol Price Soars 643% Under Tinubu as Fuel Cost Jumps from N175 to N1,300 in Three Years

Civil Servants

BREAKING: FG Abolishes Mandatory Three-Month Pre-Retirement Leave for Civil Servants

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