Alleged N12.3bn Fraud: Otudeko, Others Seek Out-of-Court Settlement As Court Validates Trial

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In a recent development at the Federal High Court in Ikoyi, Lagos, Oba Otudeko, Chairman of Honeywell Group, and his co-defendants have sought an out-of-court settlement amidst their ongoing trial for alleged involvement in a ₦12.3 billion fraud case.


The trial judge, Chukwujekwu Aneke, dismissed the preliminary objections filed by the defendants, asserting that the case should proceed.

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