The Economic and Financial Crimes Commission (EFCC) has filed a N4.3 billion alleged forex fraud case against United Bank for Africa (UBA) Plc and four others at the Lagos Special Offences Court, Ikeja.
Other defendants in the case are, Muyiwa Akinyemi; Amangbo Stephen; Gesos Global Service Limited and Fedat Global Limited.
However, Justice Rahman Oshodi adjourned the case till April 21 for the arraignment of the defendants, following their absence in court on Monday.
There was also no legal representation for any of the defendants.
When the case was called, EFCC counsel, Mr. Temitope Banjo, announced his appearance and expressed surprise at the absence of the defendants.
Banjo informed the court that all the defendants had been duly served with the charge and other court processes.
The prosecutor further told the court that the second and third defendants were fully aware of the trial but were currently on the run.
He stressed that their failure to appear was not due to lack of notice.
“My lord, the second and third defendants are on the run.
“We are still making efforts and gathering the evidence of their whereabouts,” he stated.
The prosecutor urged the court for an adjournment to enable the commission file the necessary applications to formally establish proof of service on the defendants.
Rahman, after listening to the prosecution’s submission, granted the application and adjourned the matter to April 21 for arraignment.
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