December 5, 2022

Global News

…The News First With Us!

Iyalaje Oodua, Toyin Kolade In Trouble over $32m Fraud

2 min read

A Federal High Court in Lagos has summoned a lawyer Mr O. Awowole to show cause why he should not be sanctioned for failing to present a defendant, Princess Oluwatoyin Kolade, that he allegedly undertook to produce in court.

Justice Peter Lifu ordered Awowole to appear on Tuesday, November 9, following Kolade’s failure to honour a hearing notice for his arraignment last Thursday on an alleged $32million fraud charge.

The lawyer was also absent when the matter, marked: FHC/L/407C/2019 was called.

Kolade,a top society lady is one of 11 people facing a 10-count charge of $32million fraud preferred against them by the Office of the Attorney-General of the Federation (OAGF).

The defendants include four Indian men – Prem Garg, Devashish Garg, Bhagwan Simgh Rawat and Mukul Tyagi and two Britons – Marcus Wade and Andrew Fairie, said to be at large.

The others, apart from Kolade, are Metal Africa Steel Products Ltd, Wilben Trade Ltd, Fisolak Global Resources Ltd and Kannu Aditya India Ltd.

At the commencement of proceedings, a Deputy Director from the Federal Ministry of Justice, Mr Akutah Pius, reminded the court that when he applied for a Bench Warrant for the defendants’ arrest,   Awowole undertook to produce Kolade in court.

He said the counsel not only failed to do so, neither he nor Kolade were present in court.

Pius prayed for an adjournment to enable the defendants to appear, arguing that Awowole should face the consequences of his action.

He further prayed the court to renew a bench warrant issued for the defendants by Justice Oluremi Oguntoyinbo who handled the case before her transfer to the court’s Abeokuta division.

Responding to the judge’s query as to why the prosecution failed to produce the other defendants, despite an arrest warrant and an extradition order, Pius explained the Federal Government was collaborating with Interpol on that, adding that extradition was challenging and takes time.

He stated that his intention was to arraign the defendant that resides in Lagos while the extradition process was ongoing for those abroad.

Pius also applied that since counsel to the 3rd, 4th and 9th defendants, Mr Dele Belgore, SAN, was present, the court should appoint him as a special bailiff to serve the charge on his clients.

Belgore countered that his instruction was only to file a motion challenging the jurisdiction of the court from entertaining the charge and to discharge the warrant of arrest earlier issued by the court.

Justice Lifu disagreed with the Silk, adding “If they briefed you, where are they? Did they brief you from the sky?”

The judge, in a short ruling, ordered that Awowole should appear on Tuesday to explain why disciplinary action should not be taken against him.

The judge also set the two motions filed by Belgore down for hearing.

More Stories

2 min read

UBA Foundation Rings in The Yuletide Season, Lights Up the Lagos Marina Africa’s Global bank, United Bank for Africa, through its Corporate Social Responsibility Arm, the UBA Foundation, on Tuesday, held its annual Christmas Lighting ceremony to mark the start of the festive season. The brilliant Christmas Lights of the UBA Foundation Gardens at the UBA Head Office on the Marina in Lagos, were activated by the bank’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, in a grand ceremony which was witnessed by key management staff and some customers of the bank. Alawuba, who addressed attendees at the ceremony, reiterated that the annual Lighting event is a symbol of hope for the coming year, the future and all the goodness it will bring into people’s lives. Alawuba said, “The UBA Foundation is focused on touching lives and giving back to its host communities. UBA through its foundation, the UBA Foundation desire remains is committed to improving lives in whatever way we can. We want to give back always and this event is quite symbolic as it represents the affinity we have towards our customers, employees and associates as well as our communities.” The CEO of the UBA Foundation, Mrs Bola Atta, said that the Christmas lighting ceremony was important for the Foundation adding: “Today is significant. All over the world, it is known in the advent period as Giving Tuesday. It is a time to give back to those who don’t have enough. It is a time to shine light on others, to give hope and give gifts. Today we gave out a lot of gifts and people were happy as we lit up the Foundation gardens to symbolise joy and hope. We are constantly reminded as an institution, of our promise to continue to touch lives and show kindness. In these difficult times, sharing even a little bit, goes a long way.” The lighting ceremony was attended by UBA staff members and customers who were serenaded with Christmas carols by the UBA Customer Fulfilment Centre’s choir. It ended with a guided tour around the UBA Foundation gardens on the Lagos Marina. Over the years, the UBA Foundation has been very active in creating sustainable development in its host communities and as part of its corporate social responsibility, the Foundation will be feeding tens of thousands of people across Africa during this festive season. UBA Foundation, the CSR arm of the UBA Group, is committed to the socio-economic betterment of the communities in which the bank operates, focusing on development in the areas of Education, the Environment, Economic Empowerment and other Special Projects.

Leave a Reply

Your email address will not be published.

You may have missed

2 min read

UBA Foundation Rings in The Yuletide Season, Lights Up the Lagos Marina Africa’s Global bank, United Bank for Africa, through its Corporate Social Responsibility Arm, the UBA Foundation, on Tuesday, held its annual Christmas Lighting ceremony to mark the start of the festive season. The brilliant Christmas Lights of the UBA Foundation Gardens at the UBA Head Office on the Marina in Lagos, were activated by the bank’s Group Managing Director/Chief Executive Officer, Oliver Alawuba, in a grand ceremony which was witnessed by key management staff and some customers of the bank. Alawuba, who addressed attendees at the ceremony, reiterated that the annual Lighting event is a symbol of hope for the coming year, the future and all the goodness it will bring into people’s lives. Alawuba said, “The UBA Foundation is focused on touching lives and giving back to its host communities. UBA through its foundation, the UBA Foundation desire remains is committed to improving lives in whatever way we can. We want to give back always and this event is quite symbolic as it represents the affinity we have towards our customers, employees and associates as well as our communities.” The CEO of the UBA Foundation, Mrs Bola Atta, said that the Christmas lighting ceremony was important for the Foundation adding: “Today is significant. All over the world, it is known in the advent period as Giving Tuesday. It is a time to give back to those who don’t have enough. It is a time to shine light on others, to give hope and give gifts. Today we gave out a lot of gifts and people were happy as we lit up the Foundation gardens to symbolise joy and hope. We are constantly reminded as an institution, of our promise to continue to touch lives and show kindness. In these difficult times, sharing even a little bit, goes a long way.” The lighting ceremony was attended by UBA staff members and customers who were serenaded with Christmas carols by the UBA Customer Fulfilment Centre’s choir. It ended with a guided tour around the UBA Foundation gardens on the Lagos Marina. Over the years, the UBA Foundation has been very active in creating sustainable development in its host communities and as part of its corporate social responsibility, the Foundation will be feeding tens of thousands of people across Africa during this festive season. UBA Foundation, the CSR arm of the UBA Group, is committed to the socio-economic betterment of the communities in which the bank operates, focusing on development in the areas of Education, the Environment, Economic Empowerment and other Special Projects.

Copyright © All rights reserved. | Newsphere by AF themes.