• Hausa Edition
  • Podcast
  • Conferences
  • LeVogue Magazine
  • Business News
  • Print Advert Rates
  • Online Advert Rates
  • Contact Us
Friday, June 6, 2025
Leadership Newspapers
Read in Hausa
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us
No Result
View All Result
Leadership Newspapers
No Result
View All Result

N2.9bn Fraud: Amadi Has Case To Answer, Court Rules

by Agency Report
3 years ago
in News
Court
Share on WhatsAppShare on FacebookShare on XTelegram

RELATED

Godly Parenting Summit To Empower Parents For Brighter Future

Godly Parenting Summit To Empower Parents For Brighter Future

47 minutes ago
Eid-al-Adha: No Nation Rises Without Unity, Sacrifice — Shettima

Eid-al-Adha: No Nation Rises Without Unity, Sacrifice — Shettima

3 hours ago

Justice Ambrose Allagoa of the Federal High Court, Ikoyi, Lagos, has dismissed the no-case submission initiated by a former employee of Eunisell Limited, Kenneth Amadi. The accused is on trial by the federal government for a N2.9 billion fraud.

 

Advertisement

In his ruling yesterday, the judge held that the prosecution raised issues that require Amadi to proffer answers and ordered Amadi to open his defence.
Amadi had contended that the prosecution had not been able to make any prima facie case against him and as such he had no business being in court.

 

He urged the court to strike out the criminal charge against him and accordingly acquit and discharge him without any further delay.
But the prosecution insisted that Justice Allagoa should discountenance the prayers of the defendant because a case had been made against him and that he ought to put up a defence. The prosecution then asked the court to order Kenneth Amadi to open his defence.
Opening his defence, Amadi insisted that there was no time he fraudulently received N2.9 billion from A-Z Petroleum Ltd and AMMASCO International Ltd. Amadi insisted that he did not commit any of the alleged offences.
During the Thursday and Friday, March 24 and 25, 2022 proceedings on the matter, witnesses confirmed before Justice Allagoa that Amadi, the former CEO made customers pay for purchases based on the company’s invoice through an account nominated by him.
Specifically, Amadi and his company, IDID Nigeria Limited, are being tried before the court on a five-count charge of conspiracy and fraud to the tune of N2.9 billion.
The charges against the defendants include receiving and obtaining by false pretence, with intent to defraud, the sum of N2, 900,000,000 belonging to Eunisell Ltd, from A-Z Petroleum Ltd and AMMASCO International Ltd; omitting making full and true entry thereof in the books and accounts; suppression of data in respect of the financial transfer to Eunisell Ltd; and converting the same amount without authority to create sufficient deposits to promote the credibility of his own company (IDID Nigeria Limited).
According to the prosecution, the offences are contrary to Section 1(1)(a) of the Advance Fee Fraud and other fraud related Offences Act, Cap A6, Laws of the Federation of Nigeria, 2004, and punishable under Section 1(3) of the same Act. The case has been adjourned to October 20, 2022, for the adoption of final addresses.


We’ve got the edge. Get real-time reports, breaking scoops, and exclusive angles delivered straight to your phone. Don’t settle for stale news. Join LEADERSHIP NEWS on WhatsApp for 24/7 updates →

Join Our WhatsApp Channel

START EARNING US DOLLARS as a Nigerian ($35,000) monthly. Companies are sacking their workers due to AI (artificial intelligence), business owners are in panic mode. Only the smart will make it. Click here


Tags: Court
SendShareTweetShare
Previous Post

Nigeria Full Of Unskilled Population, ITF Tells Senate

Next Post

Gunrunners Arrested In Kaduna

Agency Report

Agency Report

You May Like

Godly Parenting Summit To Empower Parents For Brighter Future
News

Godly Parenting Summit To Empower Parents For Brighter Future

2025/06/06
Eid-al-Adha: No Nation Rises Without Unity, Sacrifice — Shettima
News

Eid-al-Adha: No Nation Rises Without Unity, Sacrifice — Shettima

2025/06/06
Better Days Ahead, Makinde Assures Civil Servants
News

Makinde Advocates 6-year Single-term For Political Office Holders

2025/06/06
Police Investigate Fire Incident At Redeemed Church
News

Fire Guts Section Of Kano Phone Market On Eid Day

2025/06/06
Interim Gov’t Plot: Shehu Sani Taunts DSS Over Claim
News

Hardship: El-Rufai, Amaechi Owe Nigerians Apology — Shehu Sani

2025/06/06
Benue Governor Launches Security Outfit, Donates Vehicles
News

Benue Gov’t Directs Residents To Vacate Flood-prone Areas

2025/06/06
Leadership Conference advertisement

LATEST

Godly Parenting Summit To Empower Parents For Brighter Future

Eid-al-Adha: No Nation Rises Without Unity, Sacrifice — Shettima

Makinde Advocates 6-year Single-term For Political Office Holders

Fire Guts Section Of Kano Phone Market On Eid Day

Hardship: El-Rufai, Amaechi Owe Nigerians Apology — Shehu Sani

Raphinha Named 2024/2025 La Liga Player Of The Season

Benue Gov’t Directs Residents To Vacate Flood-prone Areas

Gabriel Signs New Long-term Deal At Arsenal 

Diphtheria: 4,017 Persons Vaccinated As Death Toll Hits 10 In Imo

PICTORIAL: Gov Eno Visits Akpabio With 8 Govs, Others After Defection To APC

© 2025 Leadership Media Group - All Rights Reserved.

No Result
View All Result
  • Home
  • News
  • Politics
  • Business
  • Sport
  • Health
  • Entertainment
  • Opinion
    • Editorial
  • Columns
  • Football
  • Others
    • LeVogue Magazine
    • Conferences
    • National Economy
  • Contact Us

© 2025 Leadership Media Group - All Rights Reserved.