Court Adjourns $42m Fraud Case Against Briton, Indians
A Federal High Court in Lagos has postponed the trial of a British national and two Indian businessmen accused of a $42.48 million international trade fraud. Justice Akintayo Aluko set the new date of January 27, 2026, for the case to continue. The adjournment was granted because neither the prosecution nor the defendants were present in court. The defendants—Marcus Wade (British), Prem Garg, and Devashish Garg (Indian)—along with their companies, Wilben Trade Limited and Agrico Agbe Limited, are facing charges filed by the Office of the Attorney-General of the Federation. They are accused of conspiring in 2015 to obtain $42.48 million under false pretenses. The funds were meant for the importation of Indian parboiled rice into Nigeria, but prosecutors allege the money was diverted for other purposes. The case has experienced multiple delays, largely due to the foreign defendants' failure […]