Alleged N12.3bn Fraud: Court Orders Oba Otudeko To Appear For Arraignment
Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos, on Monday, March 17, 2025, ordered Chairman of Honeywell Group, Oba Otudeko to appear in court for his arraignment over an alleged N12.3bn fraud brought against him by the Economic and Financial Crimes Commission , EFCC. Otudeko was to be arraigned alongside a former Managing Director of First Bank Plc, Olabisi Onasanya; a former board member of Honeywell, Soji Akintayo and a firm, Anchorage Leisure Limited, on a 13-count charge, bordering on obtaining by false pretence to the tune of N12.3 billion. The defendants, however, are seeking to evade…











