By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
NewsunplugNewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Reading: Court orders arrest of Dana Air MD over alleged ‘N1.3bn fraud’
Share
Notification Show More
Font ResizerAa
Font ResizerAa
NewsunplugNewsunplug
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Search
  • Home
  • News
  • Politics
  • Metro
  • Entertainment
  • Sports
  • Lifestyle
  • Journal
Have an existing account? Sign In
Follow US
Newsunplug > Blog > News > Court orders arrest of Dana Air MD over alleged ‘N1.3bn fraud’
News

Court orders arrest of Dana Air MD over alleged ‘N1.3bn fraud’

Godson
Last updated: November 5, 2024 5:19 am
Godson
Published: November 5, 2024
Share
SHARE

A federal high court in Abuja has issued an arrest warrant for Hathiramani Ranesh, managing director of Dana Air after he failed to appear in court for trial proceedings.

Presiding Judge Obiora Egwuatu issued the order on Monday, November 4, in response to an application filed by the attorney-general of the federation (AGF).

During the hearing, Judge Egwuatu questioned Ranesh’s absence, directing his inquiry to Ranesh’s attorney, Ademola Bello, who explained that his client was out of the country. Bello added that the other defendants in the case are statutory bodies for which Ranesh serves as managing director, but he argued that jurisdictional issues should first be addressed.

Unconvinced by the explanation, Judge Egwuatu rebuked the defense for showing disregard for the court. Despite the lawyer’s attempt to cite section 266 of the Administration of Criminal Justice Act (ACJA) 2015 to delay the process, the judge proceeded with the arrest order, noting that Ranesh is legally bound to be present for the trial.

Judge Egwuatu ruled that Ranesh must appear in court on January 13, 2025, before any preliminary objections can be considered. The AGF has brought a six-count charge against Ranesh, Dana Group PLC, and Dana Steel Ltd in connection with an alleged N1.3 billion fraud.

The case has been ongoing since October 10, when AGF counsel Mojisola Okeya requested Ranesh’s arrest following his refusal to appear for his arraignment. The arrest order now escalates the legal proceedings, placing Dana Air’s CEO under increased scrutiny.

 

Nigeria named among top 10 countries facing global food crisis
Petrol price should be N360/N400 a litre after subsidy removal – PENGASSAN
Oyebanji Hails Supreme Court Judgment Upholding Ekiti Gov Election
Japan Airlines jet bursts into flames after collision with earthquake relief plane
Doctors threaten strike over assault on female colleague in Ogun

Quick Link

  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Share This Article
Facebook Email Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0

Recent Posts

  • “It’s Not About You Anymore, I Want To Show Sowore….”- Verydarkman Tells Blord In Court
  • “If You Don’t Have $45k, Don’t Release Music” – Darkoo Warns Artists
  • “Don’t Have Sex With Any MAN Because He Promises To Marry You”- Eucharia Anunobi Tells Ladies
  • Portable’s Wealth Doesn’t Reflect On Him – Speed Darlington
  • ‘I Don’t See Myself Settling Down, Having Children’ – Bbnaija’s Phyna

Recent Comments

No comments to show.

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]

Top Categories

  • Entertainment

Categories

  • ES Money
  • U.K News
  • The Escapist
  • Insider
  • Science
  • Technology
  • LifeStyle
  • Marketing

About US

We influence 20 million users and is the number one business and technology news network on the planet.
Quick Link
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index
Top Categories
  • My Bookmark
  • Interests
  • Contact Us
  • Blog Index

Subscribe US

Subscribe to our newsletter to get our newest articles instantly!

[mc4wp_form]
© 2023 Newsunplug | All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?