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Court Fixes March 23 Judgment in Mutu N320m Fraud Case

The Economic and Financial Crimes Commission (EFCC) says a Federal High Court in Abuja has fixed March 23, 2026, for judgment in the alleged N320 million fraud case involving lawmaker Nicholas Mutu.

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‎EFCC spokesman Dele Oyewale disclosed this in a statement on Monday.

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‎He said Justice F. Giwa Ogunbanjo adjourned the matter after parties adopted their final written addresses.

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‎Mutu is standing trial alongside Airworld Technologies Ltd and Oyien Homes on 13 counts bordering on money laundering and gratification.

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‎Defence counsel E. I. Ekweto, SAN, had urged the court to strike out the charge and acquit the defendants.

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‎However, prosecution counsel Ekele Iheanacho, SAN, argued that testimonies of four witnesses and documentary evidence proved the funds were proceeds of unlawful activities.

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‎“The testimonies of the witnesses pointed to the fact that these monies were paid as gratifications,” he said.

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‎The judge subsequently adjourned the case till March 23, 2026, for judgment.

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