{
  "id": 16703692,
  "title": "Alleged N582m Fraud: Judge Threatens Arrest of NNPC Coop Society’s Ex-President, Ogunbayo over Absence in Court",
  "url": "https://urgent.news/2026/10/27/alleged-n582m-fraud-judge-threatens-arrest-of-nnpc-coop-societys-ex",
  "topic": "world",
  "section": "World",
  "published": "2026-10-27T03:42:23.000Z",
  "source": {
    "name": "This Day",
    "slug": "this-day",
    "url": "https://www.thisdaylive.com/2026/10/27/alleged-n582m-fraud-judge-threatens-arrest-of-nnpc-coop-societys-ex-president-ogunbayo-over-absence-in-court/"
  },
  "original_language": "en",
  "account": "A former President of the Nigeria National Petroleum Company (NNPC) Staff Multi-Purpose Cooperative Society, Olalekan Ogunbayo, faces potential arrest over his absence in court for an alleged N582 million fraud charge, according to a recent ruling by the High Court of the Federal Capital Territory (FCT), Abuja. Justice Lesley Wike threatened to order Ogunbayo's arrest following repeated non-appearance in court on Monday, the third time he had missed an arraignment on the financial misappropriation allegations. The Economic and Financial Crimes Commission (EFCC) filed an eight-count criminal charge, accusing Ogunbayo and Abolade Nurudeen of misappropriating proceeds from the sale of the cooperative society's property. Prosecutors claim Ogunbayo and Nurudeen conspired to misappropriate the N582 million realized from the sale in January 2024. The judge adjourned the matter until November 23, warning that further non-appearance would result in necessary steps being taken by the court.",
  "summary": "Alex Enumah in Abuja A High Court of the Federal Capital Territory (FCT), Abuja, has threatened to order the arrest of a former President of the Nigeria National Petroleum Company",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}