Tuesday, March 10, 2026
28.3 C
Lagos

N3.6b Scam: Prosecution Applies for Summons, Defendant Absent

Following the failure of Michael Ukiye Diongoli and UK Dion Investment Limited to appear in court, the prosecution has applied to Justice Zainab Abubakar to issue a criminal summon to ensure the accused appears in court on June 19th for commencement of trial.

When the matter came up for arraignment Tuesday, the defendant was not available in court prompting the representative of the Attorney General’s office, Mr. Moshood Adeyemi to request a new date as well as a criminal summon.

In the two count charge brought against Michael Ukiye Diongoli, UK Dion Group And UK –Dion Investment Limited all of No. 21 Buhari Street, Peace Court Estate, Lokogoma, Abuja, they are alleged to have on or between the year 2021 and 2022 within the jurisdiction of the honourable court did commit a felony to wit: conspired among themselves together with their staff to do an illegal act – diversion of investment funds to the tune of over N3.6 billion belonging to the investing public which includes Basil Onugu, Elizabeth Umenwa Nwankwo, Adetoun Sokoni, Ezeogu Victoria Ndozi and others you thereby committed an offence contrary to and punishable under Section 516 of Criminal Code Act, Laws of the Federation, 2004.

“That you Michael Ukiye Diongoli, UK Dion Group And UK –Dion Investment Limited all of No. 21 Buhari Street Peace Court Estate, Lokogoma, Abuja, they are alleged to have on or between the year 2021 and 2022 within the jurisdiction of the Federal High and together with your other staff, did commit a felony to wit: diverted investment funds to the tune of over N3.6 billion belonging to the investing public which includes Basil Onugu, Elizabeth Umenwa Nwankwo, Adetoun Sokoni, Ezeogu Victoria Ndozi and others you thereby committed an offence contrary to Section 383(2) F of Criminal Code Act, Laws of the Federation of Nigeria, 2004 and punishable under Section 390(7) of the same Act.

Justice Abubakar sought to know why the matter was being heard in Abuja when the defendant is currently resident in Lagos and the court was informed that most of the victims of the crime are resident in Abuja and environs.

Making the application for a new date, Adeyemi said: “The defendants were duly served the court processes since March 31, 2023, I do not know why they have failed to turn up in court today. I hereby wish to apply for Another date for the arraignment and also apply for a criminal summon to ensure that the accused appears in court.”

spot_img
spot_img
spot_img

Hot this week

FG Inaugurates Committee on Grid Asset Management Company to Boost Power Sector

President Bola Tinubu has constituted an 11-member committee to...

Tinubu Approves Posting of 31 Career, 34 Non-Career Ambassadors

President Bola Ahmed Tinubu has approved the postings of...

IWD 2026: Pathway Holdings ED, Dolapo Akanbi-Alade, Urges Stronger Inclusion of Women in Finance

The Executive Director/GCOO of Pathway Holdings Limited, Mrs. Dolapo...

IWD 2026: Ecobank Nigeria Unveils Enhanced ‘Ellevate’ Programme to Accelerate Growth for Women Entrepreneurs

Ecobank Nigeria, a subsidiary of the leading pan-African financial...

‘Winning with Strategic Communications’ Launch, Targets Real-World Impact

Godfrey Adejumoh, a seasoned top-performing Global Business Communications Strategist...

Topics

Insurers Launch ‘Live With Freedom’ Campaign to Grow Market

The insurance industry in Nigeria has collectively launched ‘Live...

Protein Nutrition: Roadmap to a Healthy Future

By Reginald Onabu The journey of life runs from childbirth...

April CPI Prints at 12.5%… Persistent Dis-inflationary Trend a Compelling Case for MPR Cut

The National Bureau of Statistics (NBS) released Consumer Price...

Stanbic IBTC Excites Shareholders with Dividend, Bonus Shares

Stanbic IBTC Holdings Plc has declared a dividend of...

Global Airlines Financial Monitor: June 2017

Global airline share prices increased, and outperformed the global...

Fidelity Bank Rating Downgraded by Moody’s over Liquidity Squeeze

The credit rating of Fidelity Bank Plc has been...

Nigeria Imports N1bn of Rice Daily

N1billion. That is, according to the Arewa Consultative Forum’s...

Insurance PR Managers Seek Growth Path for Sector

Corporate affairs managers of insurance companies in Nigeria under...
spot_img

Related Articles

Popular Categories

spot_imgspot_img