The police have dropped the N1.3bn fraud charges they filed against Gbolahan Obanikoro, son of Senator Musiliu Obanikoro, and four others.
The decision was communicated to the Federal High Court in Lagos via a Notice of Withdrawal filed under Section 108(1) of the Administration of Criminal Justice Act, 2015.
In the document, dated February 4, 2025, and signed by Chief Superintendent of Police Justin Enang, and sighted by our correspondent, the police did not specify the reason for the withdrawal of the charges marked FHC/L/902c/2024.
The document read: “Take notice that the prosecution hereby withdraws the above-mentioned charge against the defendants herein.”
The police had charged the defendants with five counts, bordering on conspiracy, obtaining by false pretenses, false representation, and fraud.
Listed alongside Obanikoro as defendants are Adejare Adegbenro, 51; Balmoral International Limited; M.O.B. Integrated Limited; and DDSS International Company Limited.
In the charge, marked FHC/L/902c/2024, the police accused the defendants of conspiracy, obtaining money under false pretenses, and fraud involving the sum of N1,356,057,330.43.
