By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
Newsunplug KenyaNewsunplug KenyaNewsunplug Kenya
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Reading: Court orders arrest of Dana Air MD over alleged ‘N1.3bn fraud’
Share
Notification Show More
Font ResizerAa
Newsunplug KenyaNewsunplug Kenya
Font ResizerAa
  • News
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
  • News
    • Metro
    • Politics
    • Business
  • Entertainment
  • Lifestyle
  • Sports
  • Tech
  • Spotify
Have an existing account? Sign In
Follow US
© 2022 Foxiz News Network. Ruby Design Company. All Rights Reserved.
Newsunplug Kenya > Blog > News > Court orders arrest of Dana Air MD over alleged ‘N1.3bn fraud’
News

Court orders arrest of Dana Air MD over alleged ‘N1.3bn fraud’

new5nuke
Last updated: November 5, 2024 5:28 am
new5nuke
9 months ago
Share
SHARE

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).

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.

READ MORE  PS Belio requests assistance to guarantee inclusive, high-quality education in Kenya.

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.

 

Human rights groups mobilize for Monday demonstrations against abductions
Saulos Chilima: A car in the burial convoy of Malawi’s vice president killed mourners
Say a prayer for me! According to former CS Nakhumicha, it has not been simple.
Shaheen Nilofer, a UNICEF representative for Kenya, denounces the use of tear gas on students.
Italy Returns Ethiopia’s ‘First Plane’ After Nine Decades
Share This Article
Facebook Email Print
Previous Article Arsenal captain, Martin Odegaard secretly weds his pregnant girlfriend Helene Spilling
Next Article Starlink pauses new subscriptions in Nairobi, cites network overload
about us

We influence 20 million users and is the number one business and technology news network on the planet.

Recent Posts

  • Former Russian president reminds Trump of Russia’s ‘dead hand’ nuclear strike capability
  • Suspected Arkansas double murd3rer arrested while getting a haircut
  • Paris Jackson and her fiancé end their engagement a week after she was spotted crying in public
  • Singer Justin Timberlake reveals Lyme disease diagnosis
  • Kenya Power warns public against conmen posing as CEO Siror

Recent Comments

No comments to show.
Newsunplug KenyaNewsunplug Kenya
© Newsunplug Kenya. All Rights Reserved.
Welcome Back!

Sign in to your account

Username or Email Address
Password

Lost your password?