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Operatives of the Economic and Financial Crimes Commission (EFCC) have arrested a Lagos-based socialite and businessman, Fred Ajudua, pending his re-arraignment for an alleged $1.43m fraud.
He was arrested in Abuja on Tuesday and is in the custody of the EFCC.
The EFCC’s spokesperson, Dele Oyewale, declined to comment on the arrest.
Ajudua, is standing trial for allegedly defrauding a German company over three decades ago.
The Supreme Court had on Friday, May 9, 2025, ordered his remand and revoked a bail granted him by the Court of Appeal, Lagos Division.
