A Federal High Court in Lagos on Monday remanded a former Managing Director of Mortgages PHB Ltd, Bayo Adewakun, in Nigerian Correctional Services (NCS) custody.
Justice Saliu Saidu made the order following Adewakun’s arraignment on a four-count N32,632,667.91 fraud charge.
The defendant was charged by the Department of Public Prosecution (DPP) of the Office of Attorney-General of the Federation (AGF).
