Alleged serial fraudster, Fred Ajudua today lost his bid to stop his trial by the Economic and Financial Crimes Commission over allegations of defrauding a former Chief of Army Staff, Lt. General Ishaya Bamaiyi of about $8.39million between November 2004 and June 2005.
The Lagos Division of the Court of Appeal today dismissed Ajudua’s application challenging the competence of the charge and the jurisdiction of the Lagos High Court.
Ajudua, who was arraigned before Justice Atinuke Ipaye of the Lagos High Court on a 14-count charge that borders on obtaining by false pretence, had filed notice of preliminary objection in which he stated that the proof of evidence did not disclose any case against him. Justice Ipaye dismissed the Objection.
Dissatisfied, Ajudua subsequently appeal against the decision of the trial court.
At the hearing of the appeal he filed against the ruling of the Lagos State High Court dismissing his application asking the court to decline jurisdiction to entertain the charge, Ajudua contended that the lower court erred in law when it held that he could be tried under the repealed Advance Fee Fraud and Other Related Offences Act, 1995.