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N270m fraud: ‘Ajudua doesn’t deserve fresh bail’

The Economic and Financial Crimes
Commission (EFCC) yesterday filed a notice of
appeal against the ruling of a Lagos High
Court, which granted bail to suspected
fraudster, Fred Ajudua.
Ajudua and Charles Orie are on trial for
allegedly defrauding two Dutch businessmen of
N270 million.
Worried that Ajudua had frustrated his trial for
seven years, the EFCC raised an objection to
the defendant’s bail application on the grounds
of failing health.
But when the courts were on vacation, Justice
Ganiyu Safari granted Ajudua bail for N50
million with two sureties to enable the
defendant attend to his health.
Dissatisfied by the ruling, the EFCC, in its
notice of appeal, insisted that Ajudua did not
deserve to be on bail.
Signed by Oluwafifehan Ogunde, the notice
stated that Ajudua, being a socialite, might
interfere with prosecution witnesses.
EFCC argued that the accused did not present
any compelling medical report to warrant the
decision of the court in his favour.
Also, the substantive case before Justice Joseph
Oyewole was yesterday adjourned till October
2, following disagreements between the two
parties.
Although Ajudua was absent in court, the
second defendant, Orie, was present. But the
parties could not reach an amicable
agreement.
Counsel to EFCC, Mrs. A. P. Sanusi, reminded
the court that there was a pending motion
before it went on vacation, adding that the
prosecution was served four applications, filed
by the first defendant. Ajudua’s lawyer,
Richard Omohomreh, who admitted that he has
four applications before the court, stated that
the life of his client (Ajudua) was still in danger
at the hospital.

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