N139m fraud: Court orders arrest of Osita Ojeah, MD Homeland and Overseas, Nwosu

Admin l Wednesday, March 16, 2022

IKEJA, Lagos, Nigeria – A Special Offences Court sitting in Ikeja  today issued a bench warrant for the arrest of Managing Director of Homeland and Overseas Limited, Osita Ojeah, and one Anthony Nwosu (still at large).

Justice Oluwatoyin Taiwo , declared both of them wanted following their inability to appear for trial in criminal charges instituted against them by the Economic and Financial Crimes Commission, EFCC.

The EFCC had sometimes in 2020 arraigned Osita Ojeah, the company and one Anthony Nwosu for allegedly stealing about N139 million  from Virgin Forest Energy Limited.

Upon the arraignment, the matter has suffered one setback or another which has frustrated the commencement of trial.

The development made Justice Taiwo March 10, 2021, serve a note of warning that the court would not tolerate delayed antics from counsels.

At the resumed hearing, when the matter was called neither the prosecutor nor the defence counsels and defendants were in court to face trial.

Subsequently, Justice Taiwo revoke the bail of the defendant, Osita Ojeah, and adjourned till April 12