US EditionSupreme Court revokes bail granted Fred Ajudua in alleged $1.04m fraud case
- The Supreme Court revoked bail previously granted to Fred Ajudua and ordered his immediate return to prison on Friday, preparing for trial resumption in Abuja.
- This followed the Economic and Financial Crimes Commission's appeal against the Court of Appeal, Lagos, which had granted bail in December 2018 despite a rejected pre-trial bail by the High Court.
- Fred Ajudua faces a $1,043,000 fraud charge involving conspiracy, forgery, and false pretenses, allegedly defrauding a German-based Palestinian businessman, Ziad Abu Zalaf, in 1993.
- Justice Chioma Nwosu-Iheme delivered the unanimous Supreme Court decision, ruling that the Court of Appeal lacked the authority to grant bail in this case and consequently allowing the appeal.
- The ruling restores the trial court's refusal of bail, directs Ajudua's remand in custody, and mandates Justice Mojisola Dada to continue the delayed trial at Lagos State High Court, Ikeja.
14 Articles
14 Articles
Alleged $1 million Fraud: Supreme Court revokes Fred Ajudua’s bail
The Supreme Court allowed the EFCC’s appeals and revoked Mr Ajudua’s bail granted to him by the Court of Appeal, Lagos. The post Alleged $1 million Fraud: Supreme Court revokes Fred Ajudua’s bail appeared first on Premium Times Nigeria.
Supreme Court revokes Ajudua’s bail, orders remand in 20-year-old ‘fraud’ case
The supreme court has dismissed the judgment of the court of appeal in Lagos that granted bail to Fred Ajudua, a one-time Lagos socialite, in the alleged $1.04 million fraud trial. In a unanimous judgment on Friday, the apex court ordered Ajudua to be remanded at the correctional centre. THE CASE Ajudua is standing trial in a case that began in 2005 for allegedly defrauding Zad Abu Zalaf, a Palestinian, of $1,043,000. The case was initial…
$1.6m Fraud: Businessman Fred Ajudua Returns To Prison As Supreme Court Revokes Bail
May 10, (THEWILL) – Socialite and businessman, Fred Ajudua, has lost the bail granted him in 2018 by the Court of Appeal in Lagos, following his arraignment by the Economic and Financial Crimes Commission (EFCC) over alleged fraud to the tune of $1.6m. Justice Garba granted bail to Ajudua on December 10, 2018, a decision
Supreme Court Sends Fred Ajudua Back To Prison
The Supreme Court on Friday, May 5, 2025 allowed an appeal made by the Economic and Financial Crimes Commission, EFCC, against the decision of the Court of Appeal, Lagos Division which granted bail to a socialite, Fred Ajudua. Ajudua is standing trial for allegedly obtaining the sum of $1,043,000 (One Million, Forty Three Thousand Dollars from a Palestinian, Zad Abu Zalaf, in fraudulent circumstances. At the beginning of trial in 2005 be…
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