N525million Fraud: Alleged fraudster, Scales Olatunji, loses appeal for bail
The Court of Appeal in Calabar affirmed the decisions of the trial court by refusing to grant the defendant bail. 2 min read
The Calabar Division of the Court of Appeal has refused to grant bail to a suspected fraudster, Scales Olatunji.
The court also in its decision delivered Friday affirmed the jurisdiction of the Federal High Court, Uyo, Akwa Ibom State, to try the defendant for fraud involving N525million.
A statement by the Economic and Financial Crimes Commission (EFCC) indicated on Monday that the ruling of the appellate court affirmed the key decisions of the lower Federal High Court in Uyo where Mr Olatunji is being prosecuted.
Why Register with Mondaq
Free, unlimited access to more than half a million articles (one-article limit removed) from the diverse perspectives of 5,000 leading law, accountancy and advisory firms
Articles tailored to your interests and optional alerts about important changes
Receive priority invitations to relevant webinars and events
You’ll only need to do it once, and readership information is just for authors and is never sold to third parties.
Your Organisation
We need this to enable us to match you with other users from the same organisation, it is also part of the information that we share to our content providers ( Contributors ) who contribute Content for free for your use.