• About Us
    • Àtẹ́lẹwọ́ Podcast
  • Contact
  • Cookie Policy
  • Disclaimer
  • Privacy Policy
  • Sitemap
Freelanews
Advertisement
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events
No Result
View All Result
Freelanews
No Result
View All Result
Home General

‘Trace the money’ Court instructs banks to publicise investments in Bamise, Elizabeth Ajetunmobi’s case

Rtn. Victor Ojelabi by Rtn. Victor Ojelabi
February 3, 2022
in General
0
Elizabeth and Bamise Ajetunmobi 1424x802 1 scaled
Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0

Lagos High Court Sitting in Osborne, Ikoyi has ordered all banks to disclose all investments – fixed deposits, treasury bills, and all sums of money, including cryptocurrency – traceable to Imagine Global Holding Company Limited, Imagine Global Solutions Limited, and fleeing couple, Bamise and Elizabeth Ajetunmobi.

The two firms and the Ajetunmobi couple have been associated with an alleged N18.8 billion investment fraud by a total of 27 aggrieved Nigerian investors/claimants who are before the court.

Justice Toyin Oyekan-Abdullahi ordered the banks to produce all statements of account of all four defendants so all parties can trace the money’s movement.

Some of the applicants are Mr Olabode Olanipekun, Mr Segun Animashaun, Mrs Abioye Idris, Mrs Erhi Ojoboh, Mrs Laurel Onumonu and Mr Olanrewaju Aderounmu.

Others are; Mr Edet Udo, Mr Chikezie Nwokocha, Dr Onyekachi Onubogu, Mrs Aderonke Salami andGrantiff Investment Ltd.

Shalom Microfinance Bank Ltd, Afrinvest Asset Management Ltd, Global Stonecrest Bureau De Change, Headway Microfinance Bank Ltd, Hollandpark Bureau De Change and Alstom Matrix Ltd also made the list of applicants.

The documents are to be produced on or before the next court sitting which has been fixed for February 27.

The court granted the orders after counsel to the first to 17th claimants, Adetunji Adedoyin-Adeniyi, told Justice Oyekanmi-Abdullahi that his clients had stumbled on other parties who were filing similar suits before the Federal High Court.

He expressed the fear that whoever gets judgment first may take the money, a situation which may leave his clients who filed their suit first, stranded.

Justice Oyekan-Abdullahi assured all parties that this would not happen.

At the last sitting of the court, the matter was initially adjourned for ruling on a preliminary objection by the Central Bank of Nigeria and the defendants who claimed that the matter ought to be heard by the Federal High Court since it involved a financial institution.

The court then asked the defendants to produce a licence from the CBN showing that they were a financial institution.

The claimants have, however, submitted that all the defendants came up with was some lenders licence from some states.

They asked the court to discountenance the licences, insisting that they showed the defendants were not regulated by the apex bank.

During the proceedings, the court also asked Wema Bank to disclose all the balance sums in all accounts linked to the defendants.

However, the bank told the court it was also a victim having borrowed the defendant’s company N200 million.

Counsel to the defendants, Oriyemi Ariyo, declined to speak on the proceedings and the ruling but counsel to the claimants applauded the ruling.

Meanwhile, the couple have alleged fled to Antigua and Barbuda. Although, authorities of that country are yet to confirm the allegation, Prime Minister of the nation, Gaston Browne, said the authorities would arrest the couple.

Browne said while he was yet to verify the report, the alleged fraudsters would be captured if they entered the country.

He said he heard the couple obtained Antiguan and Barbudan passports, citizenship under the Citizenship by Investment Programme (CIP) programme after defrauding people.

Browne added;

I have already put systems in place to ensure that if he is not here as yet that they could capture him on his way here because Antigua and Barbuda is not gonna be a refuge for scamps.

He reiterated that the CIP is not meant to attract criminals, saying “our CIP programme is designed to attract and to incentivise investments, not to be a safe haven for crooks.”

Total
0
Shares
Share 0
Tweet 0
Share 0
Share 0
Share 0
otunba victor profile picture scaled
Rtn. Victor Ojelabi

Ojelabi, the publisher of Freelanews, is an award winning and professionally trained mass communicator, who writes ruthlessly about pop culture, religion, politics and entertainment.


Discover more from Freelanews

Subscribe to get the latest posts sent to your email.

Related Posts

Image 2023 08 10 at 121123 PM
General

Civil rights group petitions Police IG over alleged gagging of press in Enugu

by Freelanews
August 10, 2023
Buhari praises Ondo APC election win
General

Buhari lauds APC victory in Ondo governorship election

by Quadri Olaitan
November 18, 2024
Mai Kadama
General

Governor Abba Yusuf’s aide resigns, defects to APC after meeting with deputy senate president

by Oreoluwa Ojelabi
August 15, 2024
Freelanews-
General

‘1.4 million of Coinbase’ Panic for crypto stockholders as Ark Investment offloads shares

by Freelanews
July 27, 2022
jni
General

‘Thats not true’ JNI disagrees with CAN on Nigeria being a Christian-persecuting country

by Freelanews
January 28, 2021

Discussion about this post

ADVERTISEMENT

Recent News

Rotary Club cataract surgery

Rotary Club cataract surgery transforms 30,000 lives

October 8, 2025
Ikechukwu N arrest

Ikechukwu N arrest shocks Argentina after INTERPOL raid

October 8, 2025
CBN monetary stability

CBN assures Nigerians of monetary stability progress

October 8, 2025
Uche Nnaji resignation

BREAKING! Tinubu’s Minister, Uche Nnaji resigns over certificate forgery allegations

October 7, 2025

Search

  • Trending
  • Comments
  • Latest
Political persecution in Ogun State

Political persecution in Ogun State: Abiodun moves against Otunba Gbenga Daniel with demolition threats again

August 9, 2025
Abdul-Muiz Olanrewaju Animashaun

Abdul-Muiz Olanrewaju Animashaun remembered with love

September 14, 2025
Taylor Swift deepfake scandal

Taylor Swift faces deepfake scandal as Swifties call for stricter regulation

January 25, 2024
April Wind Couture

April Wind Couture thrives in Nigeria’s tough economy with bold Ankara vision

September 12, 2025
amoke

‘Meals by Amoke’ We serve traditional dishes in a modern way, Bukoye Fasola reveals

0
Image 2024 03 26 at 120645 AM jpeg

Charles Inojie, Ali Nuhu call on communities to #MakeWeHalla against domestic violence

0
Meran Primary Health Centre

Lagos father shares heartbreaking experience at Meran Primary Health Centre (Photos)

0
fls2

‘Disarticulated system’ Gov’t confused about Nigerian education, expert laments

0
Rotary Club cataract surgery

Rotary Club cataract surgery transforms 30,000 lives

October 8, 2025
Ikechukwu N arrest

Ikechukwu N arrest shocks Argentina after INTERPOL raid

October 8, 2025
CBN monetary stability

CBN assures Nigerians of monetary stability progress

October 8, 2025
Uche Nnaji resignation

BREAKING! Tinubu’s Minister, Uche Nnaji resigns over certificate forgery allegations

October 7, 2025
October 2025
MTWTFSS
 12345
6789101112
13141516171819
20212223242526
2728293031 
« Sep    
Freelanews

Freelanews is a Nigerian digital news platform that delivers timely, credible, and engaging stories across politics, business, entertainment, lifestyle, and the creative industry, with a strong focus on promoting innovation, integrity, and inclusivity in storytelling.

Follow Us

  • Facebook
  • TikTok
  • YouTube
  • Instagram

Editor’s Pick

  • OGD vs DA
    OGD vs DA: The real story never told
    • August 22, 2025
  • Toyota Sienna harassment
    Why is Lagos State govt harassing Toyota Sienna users?
    • August 19, 2025
  • Otunba Gbenga Daniel
    Who really is Otunba Gbenga Daniel?
    • August 18, 2025

Hot!

Rotary Club cataract surgery

Rotary Club cataract surgery transforms 30,000 lives

October 8, 2025
Ikechukwu N arrest

Ikechukwu N arrest shocks Argentina after INTERPOL raid

October 8, 2025
No Result
View All Result
  • About Us
  • Contact
  • Advertisement
  • Sitemap

© 2025 Freelanews | by Iretura.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

Total
0
Share
0
0
0
0
0
0
No Result
View All Result
  • Home
  • News
    • Crime
  • Business
  • Brands
  • Banking
  • Opinion
  • Interview
  • Entertainment
  • Podcast
    • Àtẹ́lẹwọ́
  • Sports
  • Events

© 2025 Freelanews | by Iretura.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.

Discover more from Freelanews

Subscribe now to keep reading and get access to the full archive.

Continue reading