• Latest
  • Trending
N1.3bn fraud: Court orders arrest of Dana Air MD

N1.3bn fraud: Court orders arrest of Dana Air MD

November 5, 2024
CDCFIB disowns online publication of recruitment into Immigration service

CDCFIB Opens Portal to Check CBT Result, Announces Next Phase

June 14, 2026
Four bank staff in police net for alleged money laundering,  N270m fraud

Four Suspected Cultists Arrested in Kwara

June 14, 2026
Tinubu Directs Service Chiefs to Move to Borno

Tinubu Shocked by Gen Abubakar’s Death, Vows No Mercy

June 14, 2026
ADC: Atiku Names Amaechi Running Mate for 2027

ADC: Atiku Names Amaechi Running Mate for 2027

June 14, 2026
59 Arrested as Troops Raid Drug Hideout in Jos

59 Arrested as Troops Raid Drug Hideout in Jos

June 14, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
Gov Radda Mourns as Gen Rabe Abubakar Dies in Bandits’ Den

DHQ Confirms Gen Rabe Abubakar Died In Bandits’ Captivity

June 14, 2026
Troops Rescue Abducted Teenager, Search Continues for Others

Troops Rescue Abducted Teenager, Search Continues for Others

June 14, 2026
Kidnappers of Ex-Defence Spokesman, Wife Demand Prisoner Swap in Video

Gov Radda Mourns as Gen Rabe Abubakar Dies in Bandits’ Den

June 14, 2026
Anambra Govt Imposes Curfew On Six Communities

2 Injured as Trailer Falls off Onitsha Bridge

June 14, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Sunday, June 14, 2026
  • Login
No Result
View All Result
Present Nigeria
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News
No Result
View All Result
Present Nigeria
No Result
View All Result

N1.3bn fraud: Court orders arrest of Dana Air MD

by Present Nigeria
November 5, 2024
in News
0
N1.3bn fraud: Court orders arrest of Dana Air MD
31
SHARES
61
VIEWS
FacebookTwitterWhatsappTelegram

A federal high court in Abuja has issued an arrest warrant for Hathiramani Ranesh, managing director of Dana Air after he failed to appear in court for trial proceedings.

 Presiding Judge Obiora Egwuatu issued the order on Monday, November 4, in response to an application filed by the attorney-general of the federation (AGF).

RelatedPosts

CDCFIB Opens Portal to Check CBT Result, Announces Next Phase

Four Suspected Cultists Arrested in Kwara

Tinubu Shocked by Gen Abubakar’s Death, Vows No Mercy

During the hearing, Judge Egwuatu questioned Ranesh’s absence, directing his inquiry to Ranesh’s attorney, Ademola Bello, who explained that his client was out of the country. Bello added that the other defendants in the case are statutory bodies for which Ranesh serves as managing director, but he argued that jurisdictional issues should first be addressed.

Unconvinced by the explanation, Judge Egwuatu rebuked the defense for showing disregard for the court. Despite the lawyer’s attempt to cite section 266 of the Administration of Criminal Justice Act (ACJA) 2015 to delay the process, the judge proceeded with the arrest order, noting that Ranesh is legally bound to be present for the trial.

Judge Egwuatu ruled that Ranesh must appear in court on January 13, 2025, before any preliminary objections can be considered. The AGF has brought a six-count charge against Ranesh, Dana Group PLC, and Dana Steel Ltd in connection with an alleged N1.3 billion fraud.

The case has been ongoing since October 10, when AGF counsel Mojisola Okeya requested Ranesh’s arrest following his refusal to appear for his arraignment. The arrest order now escalates the legal proceedings, placing Dana Air’s CEO under increased scrutiny.

Share this:

  • Click to share on Facebook (Opens in new window)
  • Click to share on Twitter (Opens in new window)
  • Click to share on WhatsApp (Opens in new window)
  • Click to share on Telegram (Opens in new window)
  • Click to share on LinkedIn (Opens in new window)
  • Click to share on Pinterest (Opens in new window)

Related

Share12Tweet8SendShareShare2
Previous Post

Bobrisky released from EFCC custody, jets out of the country

Next Post

Court grants AMCON to take over Gov Abiodun’s Heyden Petroleum

Related Posts

CDCFIB disowns online publication of recruitment into Immigration service

CDCFIB Opens Portal to Check CBT Result, Announces Next Phase

June 14, 2026
Four bank staff in police net for alleged money laundering,  N270m fraud

Four Suspected Cultists Arrested in Kwara

June 14, 2026
Tinubu Directs Service Chiefs to Move to Borno

Tinubu Shocked by Gen Abubakar’s Death, Vows No Mercy

June 14, 2026
59 Arrested as Troops Raid Drug Hideout in Jos

59 Arrested as Troops Raid Drug Hideout in Jos

June 14, 2026
Next Post
Ogun Signs MOU With Foreign Firm On Development Of Free Trade Zone

Court grants AMCON to take over Gov Abiodun's Heyden Petroleum

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

PRESENT, a credible online newspaper from the cell of Red Carpet Communications Limited, is published by an experienced and profoundly resourceful journalist, Yemi Olowolabi.
It leads in lucid presentation of trending stories and breaking news in Politics, Business, Economy, Entertainment, Sports, Lifestyles and Other Features.
With a heritage of in-depth coverage and adept leverage of core professionals, PRESENT is the trusted witness of the news.

  • Privacy Policy
  • Contact Us
  • Advert Rates

© 2025 Present Nigeria. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • News
    • Education
    • Health
    • Crime
  • Business
  • Politics
  • Entertainment
    • Lifestyle
  • Opinion
  • Sports
  • World News

© 2025 Present Nigeria. All Rights Reserved.