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Court Orders Oba Otudeko to Appear for ‘N30bn EFCC Fraud’ Trial

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Bala Augie
Bala Augiehttps://moneycentral.com.ng
Bala is the Editor of MoneyCentral Media. Bala is a Fellow (FCA) of the Institute of Chartered Accountants in Nigeria (ICAN) and holds a Bsc in Accounting from the University of Abuja. Bala has over 12 years’ experience in the financial journalism landscape with specialization in the Insurance, markets and Finance sectors.
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The Federal High Court sitting in Lagos has ordered Oba Otudeko to take a plea in the charges filed against him by the Economic and Financial Crimes Commission (EFCC).

The order was given by Justice Chukwujekwu Aneke on Monday.

Recall that EFCC had filed a 13-count charge against Otudeko and three others over an alleged N30 billion loan fraud.

At the hearing of the matter, the judge said Otudeko must take his plea before an application challenging the court’s jurisdiction on the case can be decided.

The judge subsequently adjourned the case to May 8.



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