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N525million Fraud: Alleged fraudster, Scales Olatunji, loses appeal for bail
The Court of Appeal in Calabar affirmed the decisions of the trial court by refusing to grant the defendant bail.
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The Calabar Division of the Court of Appeal has refused to grant bail to a suspected fraudster, Scales Olatunji.
The court also in its decision delivered Friday affirmed the jurisdiction of the Federal High Court, Uyo, Akwa Ibom State, to try the defendant for fraud involving N525million.
A statement by the Economic and Financial Crimes Commission (EFCC) indicated on Monday that the ruling of the appellate court affirmed the key decisions of the lower Federal High Court in Uyo where Mr Olatunji is being prosecuted. ....

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