N1.3billion fraud: Fred Ajudua sent to Kirikiri Prison

Fred Ajudua has been remanded in Kirikiri Prison for allegedly defrauding former Chief of Army Staff, Lt.-Gen. Ishaya Bamaiyi (retd.), of about $8.395m (about N1.3 billion).

Justice Oluwatoyin Ipaye ordered on Wednesday that he should be remanded in prisons custody following a fresh 13-count charge of fraud brought against him by EFCC.

The EFCC in the fresh charges dated 14 October, 2013, alleged that Ajudua, along with others still at large, defrauded Gen. Bamaiyi of $8.387m between November 2004 and June 2005 while in prison.

Ajudua is the only defendant in the fresh charges as others who allegedly committed the offences along with him are said to be at large. Continue...