The defense counsel for Oba Otudeko, Chairman of Honeywell Group, appeared in a Lagos Federal High Court on Monday to protest the charges of N12.3 billion fraud against him. Otudeko, alongside two co-defendants, was expected to face the charges, but his lawyer, Bode Olanipekun (SAN), argued that the charges had not been properly served on the defendants.
Olanipekun, who represents Otudeko, former First Bank MD Olabisi Onasanya, and former Honeywell board member Soji Akintayo, raised the issue in court, challenging the legal process. The trio, along with Anchorage Leisure Ltd., is facing 13 counts of fraud brought against them by the Economic and Financial Crimes Commission (EFCC).
The EFCC alleges that Otudeko and the others obtained the sum under false pretenses, with the charges still pending formal service to the defendants. The case has now been delayed until the legal matter of proper notification is resolved.
