ThisDay· 1h ago· 1 min read
Wale Igbintade
Justice Ibrahim Ahmad Kala of the Federal High Court in Lagos has adjourned till October 5, 2026, the arraignment of the Managing Director/Chief Executive Officer of Loft & Keys Ltd and Loft & Keys LLC, Dubai, Austin Albert, and his associate, Jinadu Musbau Olalekan, over allegations of forgery, money laundering, unlawful transfer of funds and an alleged N460.75 million fraud.
The judge had earlier fixed July 23 for their arraignment after the matter first came before the court on June 7.
However, the arraignment could not proceed because the first defendant, Albert, was absent.
Defence counsel, Abdulhakeem Adio, told the court that the amended charge had only just been served on him and that Albert was outside Nigeria.
At the previous sitting, Justice Kala directed the defence counsel to ensure that his client was present in court at the next adjourned date.
When…
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