US EditionEFCC arrests Lagos-based socialite, Fred Ajudua
- On Tuesday, May 13, 2025, Fred Ajudua, a businessman from Lagos, was taken into custody in Abuja by Nigeria’s financial crime investigations unit over allegations of defrauding $1.43 million.
- The arrest occurred after the Supreme Court, on May 5, 2025, overturned Ajudua's bail and ordered that he be held in a correctional facility, concluding a legal dispute spanning several decades.
- Since 1993, Ajudua has been implicated in various fraud cases, including one involving the defrauding of a German businessman out of $1.43 million, as well as another case between 1999 and 2000 where he was accused of swindling two individuals from the Netherlands of $1.69 million.
- Trial judge Mojisola Dada noted Ajudua's "history of frustrating judicial proceedings," with the case suffering repeated delays from health bail applications and transfers across judges.
- The Supreme Court's ruling emphasizes judicial resolve to uphold accountability, and EFCC will proceed with the trial amid concerns over prior bail absconding and enforcement effectiveness.
12 Articles
12 Articles
EFCC arrests Lagos-based socialite, Fred Ajudua
The Economic and Financial Crimes Commission, EFCC, has arrested Fred Ajudua, a Lagos-based socialite and businessman. Ajudua was arrested on Tuesday in Abuja in connection with an alleged $1.43 million fraud. The arrest followed a Supreme Court order issued on Friday, 5th May 2025, which revoked his bail and directed that he be remanded in the Correctional Service. Vanguard reports that a highly placed source at the EFCC headquarters in Abuja i…
EFCC Re-Arrests Fred Ajudua Over Alleged $1.43Million Fraud
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested Lagos-based socialite and businessman, Fred Ajudua, ahead of his re-arraignment for an alleged $1.43 million fraud. Ajudua was apprehended in Abuja on Tuesday and is currently being held in EFCC custody. EFCC spokesperson, Dele Oyewale, declined to comment on the arrest. Ajudua is facing long-standing charges over the alleged defrauding of a German company more than …
Fred Ajudua re-arrested in Abuja after supreme court revoked his bail
The Economic and Financial Crimes Commission (EFCC) has re-arrested Fred Ajudua, a one-time Lagos socialite, in connection with the alleged $1.04 million fraud trial. A source told TheCable that EFCC operatives arrested Ajudua in Abuja on Tuesday, and he is currently in the custody of the anti-graft agency. His arrest comes some days after the supreme court dismissed the judgment of the court of appeal in Lagos that granted bail to Ajudua. …
EFCC Arrests Fred Ajudua Over Alleged $1.43 Million Fraud - Lagos Television
Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested Lagos-based socialite and businessman, Fred Ajudua, in connection with an alleged $1.43 million fraud case. His arrest comes ahead of his re-arraignment and follows a recent Supreme Court ruling revoking his bail. Ajudua was taken into custody in Abuja on Tuesday and is currently being held by the anti-graft…
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