AGF Takes Over ₦460.75m Fraud Case as Defendant Misses Court Again

Proceedings in the alleged ₦460.75 million fraud case against Austin Ugochukwu Albert and another defendant were stalled at the Federal High Court in Lagos after Albert failed to appear for the third consecutive sitting. The Office of the Attorney-General of the Federation has taken over the prosecution from the police. The court directed the AGF’s representative to ensure Albert is produced on 17 November 2026. Albert and Jinadu Musbau Olalekan face a five-count charge involving alleged conspiracy, forgery, money laundering, diversion of company funds and intimidation. The prosecution alleges that funds belonging to Premiere Immigration and Advisory Limited were moved through a forged bank mandate. The defendants have not been convicted, and the allegations remain before the court. The next hearing is expected to address the police notice seeking to withdraw the case and whether Albert will appear to take his plea.

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