• 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
Ekiti Reaping Benefits of Continuity in Governance- Oyebanji

Ekiti Reaping Benefits of Continuity in Governance- Oyebanji

April 15, 2026
Wizkid Breaks Audiomack Streams Record

‘Great Song, Great Rhythm’- Onanuga celebrates Wizkid ‘Essence’ after epic Coachella 2026

April 15, 2026
We Are Not Recruiting”- NAF Warns Nigerians About Fraudulent Advert

NAF releases list of Successful BMTC Candidates

April 15, 2026
Akpabio Constitutes 8 Special Senate Committees

Akpabio Links Closure of US embassy to Iran not forthcoming Election

April 15, 2026
ADC Concludes Convention, Amends Constitution

ADC Concludes Convention, Amends Constitution

April 15, 2026
https://www.firstbanknigeria.com/personal/loans/mreif-home-loan/
ADVERTISEMENT
Islamic Cleric Bags Life imprisonment For Defiling Minor

Man Bags Life Sentence for sexually Assaulting Neighbour’s baby

April 15, 2026
Nigeria Army To Build Reference Hospital In Ebonyi

Military Refutes Claim of Arming Ex- Boko Haram Fighters for Combat Operation

April 15, 2026
Trafficking: Court Orders Sealing Of 4 Brothels in Port Harcourt

Court rejects Mark-led ADC leadership, adjourns Nafiu-Bala Gombe’s case

April 15, 2026
Don’t make deals, FG will not negotiate settlement, ransom with bandits- Defence Minister to

Why insecurity worsens every Political year-Defence Minister

April 15, 2026
ADVERTISEMENT
  • About US
  • Advert Rates
  • Privacy Policy
  • Contact
Thursday, April 16, 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

Ekiti Reaping Benefits of Continuity in Governance- Oyebanji

‘Great Song, Great Rhythm’- Onanuga celebrates Wizkid ‘Essence’ after epic Coachella 2026

NAF releases list of Successful BMTC Candidates

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

Ekiti Reaping Benefits of Continuity in Governance- Oyebanji

Ekiti Reaping Benefits of Continuity in Governance- Oyebanji

April 15, 2026
We Are Not Recruiting”- NAF Warns Nigerians About Fraudulent Advert

NAF releases list of Successful BMTC Candidates

April 15, 2026
Islamic Cleric Bags Life imprisonment For Defiling Minor

Man Bags Life Sentence for sexually Assaulting Neighbour’s baby

April 15, 2026
Nigeria Army To Build Reference Hospital In Ebonyi

Military Refutes Claim of Arming Ex- Boko Haram Fighters for Combat Operation

April 15, 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.