Monday, April 20, 2026
26.2 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

Bank of Industry Signs Strategic Partnership with RMRDC to Foster Agric Value-Chain Growth

Managing Director and Chief Executive Officer of the Bank...

CBN, FMDA Unveil Nigerian Overnight Financing Rate as New Money Market Benchmark

The Central Bank of Nigeria (CBN), in collaboration with...

Mutual Benefits Customer to Nigerians: Embrace Insurance Because it Works

A customer of Mutual Benefits Assurance Plc, Mr. Abdelhamid...

Guinness Nigeria: N1tn Market Capitalisation Signals Strong Investor Confidence, Sustained Value Creation

Guinness Nigeria Plc has achieved a landmark milestone, surpassing...

Stanbic IBTC Asset Management Bags Top Asset Management Award 2026 by Global Banking & Finance Review

In a noteworthy achievement in Nigeria's asset management landscape,...

Topics

Nigerian Delegates at 2025 AIO Conference in Addis Ababa, Ethiopia

From Left: Managing Director/CEO, Cornerstone Insurance Plc, Stephen Alangbo;  Chairman,...

FG, NGX to Drive Startup Listings with Tech Board

The Federal Government through the Ministry of Communications, Innovation...

Veritas Kapital Assurance Reports N5bn Profit in H1, Targets Top 5 in 2025

Veritas Kapital Assurance Plc has reported profit after tax...

Allianz Ranked 30 on List of World’s Most Valuable Brands

In this year’s Global 500 report issued by Brand...

ADB, ECOWAS Hold Roundtable on Non-tariff Challenges

Representatives from trade ministries of the Economic Community of...

Heritage Bank CEO: ‘SMEs Need Digital Identity to Access Credit’

The Nigerian government must resolve the identity management system...

Interswitch Champions Digital Transformation for the Energy Sector

L-R: Godwin Okoduwa, Head, LPG Sales & Marketing, Falcon...
spot_img

Related Articles

Popular Categories

spot_imgspot_img