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N15.5bn Fraud: Court Orders Police To Produce Nigerian Arrested In Côte d’Ivoire
News Update
Published on 02/01/2023

Justice Toyin Oyekan-Abdul­lahi of the Lagos High Court sitting in Osborne, Ikoyi, has granted an application com­pelling the police to produce an alleged judgment debtor, Bamise Ajetunmobi, before it on February 2.

The alleged judgment debt­or Ajetunmobi, who is now in the custody of the police at the Force CID Alagbon, was, according to the claimants, believed to have been arrested in Côte d’Ivoire while trying to board a flight to the UK.

He and his wife, Elizabeth, and two firms linked to them, Imagine Global Holding Com­pany Ltd and Imagine Global Solutions Ltd, were in October 2021 accused of defrauding some Nigerian investors to the tune of over N18.8billion. The couple was accused of fleeing the country afterwards. 

In July 2022, the investors ob­tained a court judgment in their favour, ordering the couple and their companies to pay back N15,541,350,000 with interest.

The whereabouts of the couple remained unknown, but following reports of Aje­tunmobi ‘s arrest in Côte d’Ivoire and detention by the Nigerian Police, counsel to the judgment creditors Adetunji Adedoyin-Adeniyi filed a mo­tion ex parte to compel his ap­pearance in court.

Adedoyin-Adeniyi, who filed the ex parte application under the relevant provisions of the Sheriffs and Civil Process Act, asked Justice Toyin Onyeka-Ab­dullahi to make an order for the Issuance of Judgement Sum­mons to compel Ajetunmobi to appear before the court and be examined as to his means to pay back the judgment debt.

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