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Court has ordered the arrest of Bamise Ajetunmobi in connection with an alleged N15.5 billion fraud

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In October 2021, Bamise, his wife Elizabeth, and two of their businesses, Imagine Global Holding Company Ltd. and Imagine Global Solutions Ltd., were accused of stealing more than N18.8 billion from Nigerian investors.

Bamise Ajetunmobi, a judgment debtor, has been ordered to appear before the Lagos High Court in Osborne, Ikoyi, on Thursday, February 2.

In October 2021, Bamise, his wife Elizabeth, and two of their businesses, Imagine Global Holding Company Ltd. and Imagine Global Solutions Ltd., were accused of stealing more than N18.8 billion from Nigerian investors.

Following that, Bamise and Elizabeth were charged with emigrating.

The couple and their businesses were ordered to repay the investors’ money with interest in July 2022 after the investors won a court judgment in their favor.

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The couple’s whereabouts were unknown, but after hearing that Bamise had recently been detained by the Nigerian Police while attempting to board a flight to the UK in Côte d’Ivoire, the judgment creditors’ attorney, Adetunji Adedoyin-Adeniyi, filed an ex parte motion to compel his appearance in court.

Adedoyin-Adeniyi asked Justice Toyin Oyekan-Abdullahi to order the issuance of a summons for Bamise to appear before the court and be asked about his ability to pay back the judgment debt. The Sheriffs and Civil Process Act says that Adedoyin-Adeniyi filed the ex parte application as required.

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After agreeing, Justice Oyekan-Abdullahi ordered Bamise to show up in court on February 2 at noon.

Following his disobedience to a prior court order issued on July 14, 2022, instructing him to pay the judgment sum of N15,541,350,000 to the judgment creditors, he is to be interrogated under oath as to his means at his appearance.

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In addition, Justice Oyekan-Abdullahi ordered the arresting officers to turn over the judgment debtor, Bamise Ajetunmobi, who is currently in their custody: Assistant Inspector General of Police, FCIID, Alagbon, Lagos; Investigating Police Officer (IPO), Inspector Aliyu; Commissioner of Police, Lagos; and all other officers under their command, control, and supervision.

A lawyer named Patrick Mgbeoma from the AAA Chambers law firm representing the 1st to 17th Judgement Creditors and Applicants deposed to an affidavit in documents submitted to the court in support of the ex parte motion.

The third judgment debtor, Bamise, whose whereabouts were unknown, was recently arrested and detained by the Assistant Inspector General of Police, FCIID, Lagos, and Inspector Aliyu (IPO) and is currently in their custody for criminal investigation. It claims that the judgment sum has not yet been fully paid by the judgment debtors up to this point.

Furthermore, he claimed that the 4th Judgement Debtor, Elizabeth, and her children are not currently subject to the court’s jurisdiction because their current whereabouts and whereabouts, as well as the assets they have accumulated, are unknown.

Mgbeoma says that even though Bamise has money and assets, he has not told the judgment creditors how he plans to pay the court-ordered amount, even though he is in police custody at Force CIID Alagbon. 

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