The Federal High Court in Lagos has mandated Oba Otudeko, the founder of Honeywell Group, to enter a plea regarding the charges brought against him by the Economic and Financial Crimes Commission (EFCC).
This directive was issued by Justice Chukwujekwu Aneke on Monday, March 17.
It is important to note that the EFCC has filed a 13-count indictment against Otudeko and three other individuals in connection with an alleged loan fraud amounting to N30 billion.
During the proceedings, the judge stated that Otudeko must submit his plea before the court can address an application questioning its jurisdiction over the case.
The judge then postponed the proceedings until May 8.
More details...
No comments:
Post a Comment