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Supreme Court Slams Door on Fred Ajudua’s Bail, Orders Immediate Return to Prison in $1.43M Fraud Trial

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Supreme Court Slams Door on Fred Ajudua's Bail, Orders Immediate Return to Prison in $1.43M Fraud Trial

Supreme Court Slams Door on Fred Ajudua’s Bail, Orders Immediate Return to Prison in $1.43M Fraud Trial

 In a seismic ruling that sends shockwaves through Nigeria’s legal and social elite, the Supreme Court on Friday revoked the bail earlier granted to flamboyant Lagos socialite and alleged fraudster Fred Ajudua, ordering his immediate remand in prison custody.

Delivering a unanimous judgment, a five-man panel of the apex court dismantled the bail granted by the Court of Appeal in 2018, declaring it a judicial overreach steeped in procedural irregularity.

Justice Chioma Nwosu-Iheme, who read the lead judgment, minced no words as she condemned the appellate court’s decision, declaring it “an exercise in futility” after it had already ruled Ajudua’s appeal incompetent.

“The lower court, at that point, had no jurisdiction to proceed further. It had become functus officio,” she ruled, restoring the earlier decision of trial Judge Mojisola Dada who denied Ajudua bail in July 2018.

The decision marks a major victory for the Economic and Financial Crimes Commission (EFCC), which had petitioned the apex court to overturn what it described as a flawed and unjustified release of Ajudua—an accused at the center of a staggering $1.43 million international fraud.

The case, which has dragged for decades, centers around allegations that Ajudua, in concert with an accomplice still at large, duped a Palestinian businessman, Ziad Abu Zalaf, of millions under the guise of executing shady contracts backed by forged documents from the Central Bank of Nigeria and NNPC.

The scandal has long been a symbol of Nigeria’s struggle with high-profile financial crimes and delayed justice. With this ruling, the Supreme Court not only nullified the appeal court’s decision but also ordered a swift resumption of Ajudua’s long-stalled trial before Justice Dada of the Lagos High Court.

The EFCC had charged Ajudua in a 12-count indictment that included conspiracy to obtain money under false pretenses and forgery. Despite citing health concerns, Ajudua’s attempt to evade prosecution through bail has now been effectively shut down.

Legal observers say the ruling reasserts the authority of trial courts and reinforces the Supreme Court’s intolerance for procedural abuse in high-profile criminal cases.

“This appeal succeeds and it is hereby allowed,” Justice Nwosu-Iheme declared. “The respondent is to be remanded in prison custody.”

The court further directed that the matter be reassigned immediately for continuation of trial “within the shortest possible time.”

With the bail revoked and trial back on track, all eyes now return to the courtroom—where a case that began over three decades ago may finally see resolution.

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‘I Never Indicted Egbetokun’ — Jesam Michael Rebuts Sowore’s Allegations

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‘I Never Indicted Egbetokun’ — Jesam Michael Rebuts Sowore’s Allegations

 

 

Abuja — Businessman Jesam Michael has strongly refuted claims attributed to him in a recent report by activist and publisher Omoyele Sowore, describing the publication as false, misleading, and a total misrepresentation of his statements.

 

 

‘I Never Indicted Egbetokun’ — Jesam Michael Rebuts Sowore’s Allegations

 

In an exclusive chat on Saturday, Michael denied ever making the allegations credited to him by Sowore concerning the Inspector-General of Police (IGP), Kayode Egbetokun, while both men were reportedly inmates at the Kuje Correctional Centre in October 2025.

 

 

 

 

Sowore, in a widely circulated account, claimed that Michael had alleged receiving operational support from senior police officers, including the provision of office space within the Nigeria Police Force Headquarters, police protection, and the use of officers to detain individuals connected to a purported Ponzi scheme. The report further alleged financial inducements involving senior police officers.

 

 

 

 

However, Michael dismissed the account as “entirely fabricated.”

 

 

 

“I never made those statements to Omoyele Sowore or to anyone else,” Michael said. “At no point did I accuse the Inspector-General of Police or any senior police officer of providing me with offices, police units, or protection. The claims attributed to me are false and malicious. I only met him briefly when he came to greet Nnamdi Kanu’s younger brother whom I share a block with here and there is no way we could have sat down to discuss such fabricated stories ”

 

 

 

Michael specifically rejected claims suggesting that he supported or “served” police officers, insisting that he never stated that he had any police unit at his disposal or that law enforcement personnel acted on his instructions.

 

 

 

 

“I never said I supported police officers or had officers working for me. That allegation did not come from me,” he said.

He also denied claims that his properties were shared among senior police officers, describing the allegation as baseless and untrue.

 

 

 

 

 

“At no time did I say that my properties were shared among police officers or anyone else,” Michael stated.

 

 

Additionally, Michael categorically refuted allegations credited to him that a retired Deputy Inspector-General of Police, Dasuki Galandanchi, collected ₦250 million or played any role in silencing victims.

 

 

 

 

 

“I never mentioned DIG Dasuki Galandanchi, nor did I accuse him or anyone else of collecting money. That statement was never mine,” he said.

 

 

 

 

 

Michael further alleged that Sowore, through intermediaries, had previously attempted to persuade him to publicly indict the IGP in exchange for media backing—an offer he said he firmly rejected.

 

 

 

 

“I was approached repeatedly through a lawyer called Marshall, allegedly acting on Sowore’s behalf, asking that I make statements against the IGP so an article could be published. I refused, and I believe this publication is retaliation for that refusal,” he stated.

 

 

 

 

According to Michael, he declined to entertain the lawyer again after the initial contact, insisting that he would not be used to advance any personal or political agenda.

 

 

 

 

Sowore had earlier narrated his detention following the #FreeNnamdiKanuNow protest, alleging harassment by police officers and accusing the IGP of acting unlawfully in office. His report cited conversations he claimed to have had with Michael during their time in custody as further evidence of alleged corruption within the Nigeria Police Force.

 

 

 

 

 

Michael, however, maintained that any legal issues surrounding him are already before the appropriate authorities and are being handled by the Economic and Financial Crimes Commission (EFCC).

 

 

 

 

“My case is before the law. I have not, and will not, make reckless allegations against individuals or institutions to gain favour or sympathy,” he said.

 

 

 

 

As of the time of filing this report, the Nigeria Police Force has not issued an official response to either Sowore’s allegations or Michael’s rebuttal.

 

 

 

The development adds a new layer to the ongoing public controversy surrounding Sowore’s claims against the police hierarchy, with Michael’s denial raising questions about the accuracy of statements attributed to private individuals in politically sensitive narratives.

 

Jesam Michael’s business challenges are currently being addressed at the federal high court as well as FCT high court Jabi. He is very confident that justice will surely be done at the end of the day.

 

Joining Sowore in his pursuit of cheap blackmail against the IGP, other senior police officers or anyone else has never and will never be a part of Jesam Michael.

 

To say the least, Jesam Michael is totally disgusted by the stories falsely peddled by Sowore and wishes to totally dissociate him self from the false and malicious stories told by Sowore.

 

Sowore should please look for another willing tool to use not Jesam Michael.

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When Power Meets Privilege: Controversy Trails the Rise of NNPC Gas Czar Lekan Ogunleye

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When Power Meets Privilege: Controversy Trails the Rise of NNPC Gas Czar Lekan Ogunleye

 

Among many of Abraham Lincoln’s popular saying is that “If you want to test a man’s character, give him power.” This saying suggests power and affluence reveals a person’s true nature rather than changing it.

 

 

 

The saying might rightly describe one of NNPC limited eggheads, Lekan Ogunleye, who is the Executive Vice President, Gas, Power & New Energy.

 

 

 

It’s a matter of stating the obvious saying that the former Deputy Managing Director of Nigeria LNG Limited is a brilliant chap. He’s been  equipped with significant industry experience in various aspects of the gas value chain, he was made the Managing Director and Chief Executive Officer of Gas Aggregation Company Nigeria Limited (GACN),a firm set up by Federal Government of Nigeria to implement the Nigerian Gas Master Plan and manage domestic supply of gas.

 

 

 

But with all of these achievements, many alleged that a thorn in the flesh that lives with Mr Ogunleye is his fondness for the other gender. Sources close to him alleged that he invests millions in satisfying his cravings to invite them from around the world in different sizes and shapes on regular basis.

 

 

 

Information gathered has it that like many of his class, he has a permanent suite in a luxurious hotel on Lagos Island where he entertains them, it was alleged that his arrangements even provides luxurious treatment for them even when he’s not in town. A recent case of such was when he travelled to UAE during last year December with his family, sources close to him alleged that while he was away,  ladies invited from Indonesia and Rwanda were receiving royal treatment in this permanent suite which cost over half a million Naira per night.

 

 

 

The sources also alleged that he’s known to relish his fetish practices with two ladies at the a time, and to watch them play with themselves before joining in the fun.

 

 

 

While his personal life may not be that important, how he was able to sustain such an expensive lifestyle, was scrutinize and it was alleged that he regularly receives kickbacks from NNPC vendors and contractors, especially the foreign partners who have been awarded contracts worth millions of dollars through his assistance.

 

 

 

Some of his close allies alleged that power that his privileged office brought was responsible for his insatiable desires for the opposite sex a situation that led to the collapse of his first marriage before he remarried a few years ago.

 

 

 

In other to establish the true state of things, a query was sent to him especially about the allegation of financial irregularities and the abuse of power and privileges for personal enrichment, the query was left unanswered after more than two weeks even when receipt was confirmed.nleye

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Pomp, Prestige and Purpose: Dr. Mutiu Adewale Badmus Crowned Otunba Alayeluwa Onimolete of Molete, Ogbomoso

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Pomp, Prestige and Purpose: Dr. Mutiu Adewale Badmus Crowned Otunba Alayeluwa Onimolete of Molete, Ogbomoso

 

Last Sunday was etched in gold in the annals of Molete, Ogbomoso, as the ancient town came alive in colour, culture, and celebration for the conferment of a prestigious chieftaincy title on the erudite entrepreneur and man of many parts, Dr. Mutiu Adewale Badmus.

In a ceremony steeped in tradition and grandeur, Dr. Badmus was formally installed as the Otunba Alayeluwa Onimolete of Molete, Ogbomoso, drawing an impressive gathering of crème de la crème from across the social, business, and cultural strata of society.

The atmosphere was one of pride, reverence, and collective joy as dignitaries, community leaders, friends, and well-wishers thronged the historic town to witness the landmark event.
The honour, bestowed in recognition of his outstanding contributions to societal development and humanity at large, reflects Dr. Badmus’ enduring commitment to service, excellence, and community upliftment. As the Chief Executive Officer of Al-Hatyq Travel and Tours Limited, he has distinguished himself not only as a successful business leader but also as a compassionate humanitarian whose impact transcends commerce.

The colourful ceremony showcased the rich cultural heritage of Ogbomoso, with traditional rites, music, and pageantry underscoring the significance of the occasion. For many in attendance, the conferment was more than a title—it was a celebration of character, legacy, and a life devoted to meaningful service.

As Dr. Mutiu Adewale Badmus assumes his new role as Otunba Alayeluwa Onimolete, expectations are high that his wisdom, vision, and passion for humanity will continue to inspire progress and unity within Molete, Ogbomoso, and beyond.

 

 

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