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Court Adjourns To June 11 As Otudeko, Onasanya, FBN Pursue Settlement

 

A Federal High Court sitting in Lagos, on Thursday, adjourned until June 11, for parties to continue their settlement talks, in the case between the Economic and Financial Crimes Commission (EFCC), First Bank, the Chairman of Honeywell Group, Oba Otudeko, and others.

Justice Chukwujekwu Aneke adjourned the case for a report of settlement, following the agreement by the parties that negotiations talks were still on.

Bode Olanipekun, SAN, who is representing Oba Otudeko, told the court that it was necessary to grant an adjournment of the case to allow the negotiations to continue.

The prosecutor, Mrs Bilikisu Buhari-Bala, confirmed the position to the court but added that the case be adjourned for report of settlement or an arraignment of the defendants, if the settlement talks breakdown.

The court has now adjourned the case until June 11 for report of settlement or arraignment.

Background

The EFCC had preferred a 13-count charge against Otudeko and a former Managing Director of First Bank Plc, Olabisi Onasanya.

Also charged is a former board member of Honeywell, Soji Akintayo and a firm, Anchorage Leisure Ltd.

At the last sitting of the court on March 17, Wole Olanipekun had informed the judge that a meeting involving all counsel had been convened at the instance of the Attorney General of the Federation.

He said that this was aimed at reaching a peaceful settlement of the case.

Olanipekun had also stated that substantial progress was made, and the AGF directed all parties to refrain from actions that could jeopardize the resolution process, including filing further applications.

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2027 Elections: Atiku Abubakar Backs Consensus Candidate for African Democratic Congress, Keeps Primaries as Option

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Atiku Abubakar Backs Consensus Candidate for African Democratic Congress

2027 Elections: Atiku Abubakar Backs Consensus Candidate for African Democratic Congress, Keeps Primaries as Option—-Former Vice President Atiku Abubakar says the African Democratic Congress (ADC) will prioritise a consensus approach in selecting its presidential candidate for the 2027 general elections, but may conduct primaries if internal talks fail.

Speaking on a prime-time programme on Arise TV, Atiku explained that party leaders are working to avoid internal disputes by rallying around a single candidate through dialogue and agreement.

He expressed confidence that stakeholders would reach a common ground, noting that experienced politicians within the party understand the importance of unity.

According to him, the ADC is focused on strengthening Nigeria’s democracy, with members committed to managing differences without causing division.

Atiku also reiterated his willingness to support whoever emerges as the party’s flagbearer, regardless of the selection method.

He further stated that he is open to stepping aside for any aspirant, including Peter Obi, if they emerge as the preferred choice, emphasizing that unity within the party remains the top priority ahead of the 2027 elections.

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Ousmane Dembélé Hits Brace as Paris Saint-Germain Knock Out Liverpool from UCL

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Paris Saint-Germain Knock Out Liverpool from UCL

 Ousmane Dembélé Hits Brace as Paris Saint-Germain Knock Out Liverpool from UCL—-Ousmane Dembélé starred with a brace as Paris Saint-Germain secured a 2-0 victory over Liverpool at Anfield, sealing a dominant 4-0 aggregate win to reach the UEFA Champions League semi-finals.

The French forward proved decisive on the night, scoring twice to end Liverpool’s European campaign and send the defending champions into the last four for a third consecutive season.

Liverpool’s night was further marred by a serious injury to Hugo Ekitiké, who was forced off in the first half with what appeared to be a severe leg issue, raising concerns over his availability for the remainder of the season.

Manager Arne Slot made bold selection calls, leaving Mohamed Salah on the bench initially, though the forward was introduced early following Ekitiké’s injury and nearly made an instant impact.

Despite flashes of pressure from Liverpool, PSG remained composed and dangerous on the counter. Dembélé broke the deadlock in the second half with a fine curling effort before adding a second in stoppage time from a Bradley Barcola assist.

Liverpool’s hopes of a comeback were also dashed when a penalty awarded for a challenge on Alexis Mac Allister was overturned following a VAR review.

The defeat confirms a disappointing end to Liverpool’s European campaign, while PSG continue their title defence and will face either Bayern Munich or Real Madrid in the semi-finals.

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