Court freezes oil marketer, Jyde Adelakun, accounts over alleged $5m fraud

A Federal High Court, Lagos, on Wednesday, October 17 ordered that the accounts of a businessman, Jyde Adelakun Aremu Buraimoh, domiciled in Polaris Bank Limited, formerly Skye Bank Plc, be frozen for the period of 60 days, over alleged $4,920.5 million fraud. Also affected in the court order, is the businessman’s company’s accounts also domiciled with the bank. The EFCC had dragged both the businessman and his company, Top Energy Company Limited, before the court on alleged fraud in a suit marked FHC/L/CS/586/18. Justice N. Ayo-Emmanuel, who presided over the court gave…

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