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$1.43m Fraud: S’Court Revokes Lagos Socialite’s Bail, Orders Return To Prison

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The Supreme Court of Nigeria, on Friday, reversed the bail granted to Lagos socialite Fred Ajudua, who is facing trial over his alleged involvement in a $1.43m fraud.

The apex court, in a unanimous decision of a five-member panel, ordered that Ajudua be taken back to prison custody.

Further adding that the hearing should be resumed in the criminal charges brought against him by the Economic and Financial Crimes Commission

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Recall that the Embassy of the State of Palestine, in a letter dated August 26, 1993, and addressed to the then Minister of Foreign Affairs and copied to the Inspector General of Police, alleged that Ajudua obtained approximately $1.43m by false pretence from Ziad Abu Zalaf, a Palestinian based in Germany.

EFCC investigated the allegations stated in the letter against Ajudua. Upon completion of its investigation, the EFCC filed a 12-count charge against him before the High Court of Lagos State in Ikeja.

READ ALSO: Appeal Court Upholds Ex-banker’s Seven Years Jail Term

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The EFCC alleged that Ajudua conspired with one Joseph Ochunor, who remains at large, to obtain money by false pretence from Ziad Abu Zalaf of Technical International Ltd, a division of Mystic Company Ltd, a German-based company.

It further alleged that, with intent to defraud, Ajudua and Ochunor obtained $268,000 on April 2, 1993 and an additional $225,000 on May 12, 1993, from Zalaf.

The EFCC also claimed that Ajudua and Ochunor, in an effort to legitimise the alleged scam, forged receipts from the Central Bank of Nigeria and the Nigerian National Petroleum Corporation and presented them as genuine to the foreigner.

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Shortly after his arraignment, Ajudua’s lawyer, Olalekan Ojo, filed an application for his release on bail pending the trial’s conclusion, citing his client’s serious health challenges.

However, the application was denied by the Lagos High Court presided over by Justice Mojisola Dada, who ordered the defendant to submit to prosecution.

Dissatisfied with the decision, Ajudua appealed the trial court’s decision before the appellate court and got a favourable ruling.

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READ ALSO: Court Sentences Two To Death For Kidnapping, Armed Robbery

A three-member panel of the Court of Appeal reversed Justice Dada’s decision and granted him bail.

In the lead judgment delivered by Justice Mohammed Garba, the appellate court ruled that bail was the appellant’s constitutional right.

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Dissatisfied with the judgment, the EFCC appealed the ruling before the Supreme Court to overturn the appellate court’s decision.

In its judgment on the appeal marked SC/CR/51/2019, the apex Court set aside the bail granted to the Ajudua on December 10, 2018 by the appellate court.

In the lead judgment delivered by Justice Chioma Nwosu-Iheme, the Supreme Court faulted the appellate court’s decision, stressing that it had no jurisdiction to grant bail after declaring the brief of argument supporting Ajudua’s appeal as incompetent.

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The Supreme Court ruled that once Ajudua’s brief of argument was deemed incompetent and struck out, there was no basis for the appellate court to proceed further.

“It is crystal clear that the lower court was in line with the law when it declared the appellant’s brief of argument incompetent and struck it out.

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“At that point, the appellant’s (Ajudua’s) appeal was extinguished. There was, therefore, nothing more to consider in that appeal. The lower court, at that point, had no jurisdiction to proceed further. It had become functus officio,” the apex court stated.

The court further held that the appellate court’s consideration of the arguments in the incompetent brief of argument was an exercise in futility.

“This appeal, having been determined on the issue of jurisdiction alone, renders the issue of bail inseparable from the appeal itself.

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“This appeal succeeds and is hereby allowed. The decision of the trial court dated July 5, 2018, refusing bail to the respondent (Ajudua), is hereby restored.

“The respondent is to be remanded in prison custody. This case is remitted back to the Chief Judge of Lagos State for assignment to the same trial judge, Justice M. A. Dada, for the continuation of speedy trial and determination within the shortest possible time,” the Supreme Court held.

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Metro

18-year-old Hangs Self, Police Launch Investigation

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The Benue State Police Command has confirmed the death of an 18-year-old identified as Tersoo Veregh, who allegedly took his own life in Makurdi, the state capital.

According to Zagazola Makama, the deceased’s father, Mr. Veregh Nathaniel, of Iorkyaako Street, High Level area of Makurdi, made the tragic discovery around 2:00 a.m. on October 4, when he stepped out of his room to ease himself and found his son hanging from the ceiling.

READ ALSO:How Becoming Bank Manager At 27 Changed My Life, Tony Elumelu Urges Trust In Africa’s Youths

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Following the report, the Divisional Police Officer (DPO) of ‘B’ Division, Makurdi, led a team of detectives to the scene. The body was photographed and later taken to the Benue State University Teaching Hospital mortuary.

Police authorities said an investigation has commenced to determine the circumstances surrounding the incident.

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Police Intercept Illicit Drugs, Recover Pistols In Delta

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The Delta State Police Command has intercepted a truck loaded with large quantities of suspected illicit drugs.

The truck, with registration number 3BGT 18LG, driven by one Dennis Uruma, a 52-year-old man from Igalamela Local Government Area of Kogi State, was intercepted by a patrol team of the Eagle Net Special Squad, Asaba, led by Commander SP Danyaya Yunusa.

The operation was conducted in synergy with the Office of the Executive Assistant to the Delta State Governor on Illicit Drugs and Human Trafficking.

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READ ALSO:NDLEA Intercepts 174 Parcels Of Cocaine Hidden In Body Cream Containers

The driver was arrested after the search, while the counting and measurement of the exhibits are ongoing.

In another development, on October 3, 2025, operatives of the Rapid Response Squad, RRS, led by Commander CSP Nosa Alex, acting on credible intelligence, conducted a targeted raid on a suspected criminal hideout around the Basket Market area of Asaba.

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During the operation, three suspects, Rabbi Godwin, 25, Lucky Nanakumo, 20, and David Igwe, 19, were arrested.

A search of the location yielded one fabricated Beretta pistol, which was recovered and secured as evidence.

READ ALSO:Ogoni Women Protest Resumption Of Oil Production, Demand Accountability In $1Bn Cleanup Funds

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Again, on October 1, 2025, the DPO ‘B’ Division, Asaba, CSP Edewor Akponegware, led his surveillance team in a swift response to a distress report about a robbery incident around the BONSAAC axis of Asaba, where a female victim was dispossessed of her phone and other valuables at gunpoint by two male suspects.

Working with local vigilantes, the team established a discreet cordon and began a methodical sweep of adjoining streets.

The coordinated push paid off when officers intercepted one suspect, Amara Nwako, 21, a male indigene of Oko, while his accomplice fled into an uncompleted building.

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A locally made pistol was recovered during a search of the immediate vicinity. Preliminary findings revealed a possible cult affiliation linking the suspect to a certain Arobaga secret cult.

According to Bright Edafe, the command’s Police Public Relations Officer, all the suspects remain in custody, while a manhunt is underway for the fleeing accomplice.

(DAILY POST)

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NDLEA Intercepts 174 Parcels Of Cocaine Hidden In Body Cream Containers

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The National Drug Law Enforcement Agency (NDLEA) intercepted 174 parcels of cocaine concealed in body cream containers at the Murtala Muhammed International Airport (MMIA) in Lagos.

This operation, which was part of its efforts to dismantle two major drug cartels, led to six separate cocaine shipments destined for the UK. On September 16, NDLEA operatives seized 13.4 kilogrammes of cocaine hidden in cocoa butter containers.

A cargo agent was arrested, directing investigators to 56-year-old Hammed Taofeek Ode, identified as the syndicate leader.

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READ ALSO:My Husband Wants To Take A New Wife, Threatens To Kill Me If I Refuse To Leave, Woman Tells Court

After weeks of intelligence gathering, the NDLEA coordinated with police to apprehend Ode, who had spent over 27 years in various European countries before returning to Nigeria in 2024.

During his preliminary interview, Alhaji Hammed Ode admitted ownership of the consignment, which he claimed he bought at over N150 million. He described himself as a businessman and real estate developer, ” the statement reads.

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READ ALSO:NDLEA Busts Cartel, Recovers ₦6.4bn Drugs From Kingpins

In another development, five attempts by a different cartel to export cocaine to the UK were thwarted between September 26 and October 2. On September 26, the NDLEA intercepted 2.1 kg of cocaine hidden in hair cream containers at MMIA, leading to the arrest of Smith David Korede. An additional 1.4 kg of cocaine was recovered from his location.

On October 2, two more suspects, Ogunbiyi Oluseye Taiwo and Popoola Francis Olumuyiwa, were arrested after two UK-bound shipments were seized. In other states, including Kwara, Kaduna, Ogun, Osun, Edo, and Kogi, several suspects were also arrested with varying amounts of tramadol and cannabis.

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