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.”

Hot this week

Sovereign Trust Insurance Receives Recapitalisation Certificate from NAICOM

Sovereign Trust Insurance Plc (STI), one of Nigeria’s leading...

SanlamAllianz Nigeria Launches Proud Moments 2.0, Celebrates Achievements Worth Protecting

Riding on the resounding success of its foundational debut,...

Insurance Meets Tech 5.0 Now Holds on November 20, 2026

Insurance Meets Tech (IMT), Nigeria’s leading platform for conversations...

Sanwo-Olu, Lai Mohammed, Gbenga Daniel to Discuss 2027 Elections, Insecurity at 7th Freedom Online Lecture

Challenges facing the economy and insecurity, especially associated with...

AXA Mansard Intensifies Hepatitis Awareness with Free Community Screening

As part of efforts to promote preventive healthcare and...

Topics

Polaris Bank: Positioning for Digital Leadership, Market Dominance-CEO

Leading digital financial institution, Polaris Bank Limited has assured...

Hero Lager Beer Wears a New Cork on Knighthood

Hero, a premium lager on the stable of International...

Doing Business 2019: Sub-Saharan Africa Implements 107 Reforms

Governments around the world set a new record in...

Remittances to Sub-Saharan Africa Declines to $37bn over COVID-19

Remittances to Sub-Saharan Africa registered a small decline of 0.5 percent...

NCDMB Earns Applause for Achievements, Wabote Explains Role of NCCF

Indigenous operators and service companies in the oil and...

NESG Hosts 2026 Macroeconomic Outlook, Highlights Growth Prospects, Reform Consolidation

L-R: Mr. Omoboyede Olusanya, Vice Chairman II, Nigerian Economic...

CJN, Olukayode Ariwoola, Commends NCC as Worthy Telecom Regulator

L- R: Executive Commissioner, Stakeholder Management, Nigerian Communications Commission (NCC), Adeleke...

NASENI, UNIDO to Partner on Renewable Energy Solutions, Industrial Dev

Front row left: Representative of Bloomhill Agroservices, Germany, Elizabeth...