A Lagos High Court sitting in Ikeja Tuesday ordered that notorious fraudster Fred Ajudua be remanded in Kirikiri Prisons over a fraud charge filed against him since 2003.
Fred Ajudua has been standing trial before the court over allegations of fraud to the tune of over $1.5 billion but has refused to attend the trial since four years ago after being granted bail by the trial judge, Justice Olubunmi Oyewole.
The judge issued a warrant for his arrest since then but police authorities have not been able to produce him in court since then prompting an unending adjournments in the matter.
Fred Ajudu however appeared in court Tuesday with a request for bail since the court had revoked the earlier one he was granted. Justice Oyewole, however, turned down the hearing of the request and instead made an order that he should be remanded in prison custody pending the hearing of the bail application.
Making the order, the judge said: “The first defendant ceased to be on bail since December 15, 2006 when his bail was revoked.
The case has been held up as the agents of the Federal Government of Nigeria have been unable to execute the warrant of arrest issued on January 24, 2005.
“The first defendant is hereby ordered to be remanded in prison.
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