A Federal High Court, Lagos, today, adjourned until June 11, for continuation of settlement, in a suit against Chairman of the Honeywell Group, Oba Otudeko and others.
Justice Chukwujekwu Aneke adjourned the case for report of settlement, following an information by first defence counsel, Mr Bode Olanipekun (SAN), that parties were still negotiating settlement.
At the resumed hearing of the matter today, Bode (SAN) told the court that settlement had not broken down but still on.
It would be recall that at the last adjourned date of March 17, Chief Wole Olanipekun (SAN) had told the court that a meeting involving all counsel, had been convened at the instance of the Attorney-General of the Federation (AGF).
He had told the court that this was aimed at reaching a peaceful settlement of the case.
On her part, the EFCC lawyer, Mrs Bilikisu Buhari-Bala confirmed the position to the court but added that the case be adjourned for report of settlement or arraignment.
Consequently, the court adjourned the case until June 11, for report of settlement or arraignment.
Otudeko, alongside a former Managing Director of First Bank Plc, Olabisi Onasanya, a former board member of Honeywell, Soji Akintayo and a firm, Anchorage Leisure Limited in the charge marked FHC/L/20C/2025, are facing 13 counts bordering on obtaining under false pretences preferred against them by the Economic and Financial Crimes’s Commission.
The case was earlier scheduled for arraignment on January 20, but the defendants were absent on the grounds that the EFCC had not served them with any charge.
