$5.9 million fraud: Court to rule on Ajudua’s bail May 13

Fred Ajudua, in black, gaurded by Prison Guards

Mr. Ajudua is being prosecuted for allegedly defrauding a former Chief of Army Staff, Ishaya Bamaiyi of about about N1 billion.

An Ikeja High Court on Friday fixed May 13 for ruling on a bail application by suspected fraudster, Fred Ajudua.

Justice Oluwatoyin Ipaye fixed the date after hearing arguments from Seidu Atteh, the counsel to the Economic and Financial Crimes Commission, EFCC, and Mr. Ajudua’s counsel, Olalekan Ojo.

Mr. Ajudua is being prosecuted for allegedly defrauding a former Chief of Army Staff, Ishaya Bamaiyi of about $5.9 million (about N1 billion).

He is facing a 14-count charge bordering on conspiracy and obtaining money under false pretences.

Mr. Ojo, who urged the court to grant Mr. Ajudua bail on liberal terms, argued that there was overwhelming medical evidence before the court he was suffering from a life-threatening ailment.

He said “’he defendant (Ajudua) is a kidney patient and his only surviving kidney is about to collapse.

“The medical facility at the Kirikiri Maximum Prisons, where his health is seriously failing, cannot adequately meet his medical

Mr. Ojo tendered a medical report dated August 12, 2013, which was issued by Adebisi Ogunjimi of the Lagos University Teaching Hospital, LUTH, to support his submissions.

He said the defendant was ready to face trial contrary to the claim by the EFCC that he absconded to India after he was granted bail on medical grounds in another criminal case.

“The defendant voluntarily came back to Nigeria even when he knew that his bail had been revoked.

“The voluntary submission of the defendant to the prosecuting authorities and the court constitutes an exceptional circumstance
which should be taken into judicial notice by the court.”

Responding, Mr. Atteh argued that there was likelihood that Mr. Ajudua would jump bail if the application was granted.

Mr. Atteh said that Mr. Ajudua absconded in 2005, after he was granted bail by Justice Joseph Oyewole, also of an Ikeja High Court.

Meanwhile, the court has dismissed another application by Mr. Ajudua seeking the inclusion of his extra-judicial statement in the proof of evidence.

In a short ruling, Mr. Ipaye held that the Mr. Ajudua refused to make the same statement after three attempts by the EFCC before the case was charged to court.

The judge said Mr. Ajudua was at liberty to take the stand and give his own oral evidence during the trial.

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