N12.3bn Fraud:  Court Fixes Feb. 13 For Arraignment Of Oba Otudeko, Ex-MD First Bank, Two Others

The Chairman of Honeywell Group, Oba Otudeko, on Monday, January 20, 2025, failed to appear before Justice Chukwujekwu Aneke of the Federal High Court sitting in Ikoyi, Lagos, for his scheduled arraigned by the Economic and Financial Crimes Commission, EFCC. Otudeko was slated for arraignment 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. They were to be arraigned on a 13-count charge bordering on obtaining by false pretence to the tune of  N12.3billion. At…

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