Chairman of the Honeywell Group, Oba Otudeko
Just in: Otudeko’s lawyer protests in court against N12.3bn fraud charge
Oba Otudeko, chairman of the Honeywell Group, on Monday protested at a Federal High Court in Lagos against a N12.3bn fraud charge.
His lawyer, Mr Bode Olanipekun (SAN), told the court that the charge preferred against Otudeko and two others had not been served on him.
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Olanipekun is the council to the three defendants.
The 13 counts were preferred by the Economic and Financial Crimes Commission (EFCC) against Otudeko; a former Managing Director of First Bank Plc, Olabisi Onasanya; and a former board member of Honeywell, Soji Akintayo.
They were charged alongside a firm, Anchorage Leisure Ltd.
EFCC alleged that the defendants obtained the sum under false pretences.
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