There was a mild drama at the Federal High Court in Lagos on Monday after the legal counsel for the Chairman of the Honeywell Group, Oba Otudeko, who is facing allegations of ₦12.3 billion fraud, appeared before the court to contest the charges against his client.
The Press Nigeria understands that Bode Olanipekun (SAN) informed the court that his protest was based on the fact that the charges had not been formally served to Otudeko and the two co-defendants.
The Economic and Financial Crimes Commission (EFCC) has brought a 13-count charge against Otudeko, the former Managing Director of First Bank Plc., Olabisi Onasanya, and former Honeywell board member, Soji Akintayo.
Additionally, a company, Anchorage Leisure Ltd., has also been implicated in the charges.
The EFCC claims that the defendants acquired the funds through deceptive means.
More details shortly…
