The Attorney General of the Federation (AGF) is set to appear before the Federal High Court in Lagos on February 27, 2026, to report on a warrant of arrest issued against legal practitioner Victor Ukutt.
Justice Ambrose Alagoa had ordered the warrant following Ukutt’s alleged refusal to attend his trial.
Ukutt, alongside co-defendant Whoba Ugwunna Ogo, who remains at large, faces allegations of unlawfully converting approximately N32 billion belonging to Woobs Resources Limited.
During the last proceedings, Dr. Abiodun Layonu SAN, representing Ukutt, told the court that his client’s absence was due to fear of being arrested within the court premises.
The Federal Government had earlier filed an eight-count charge against the defendants, accusing them of conspiracy, conversion, obtaining by false pretenses, forgery, fraud, and money laundering. According to the prosecution, the defendants allegedly conspired between 2011 and 2023 to divert the N32 billion from Woobs Resources’ account at Fidelity Bank Plc, in violation of the Money Laundering (Prohibition) Act, 2011 (as amended).
In response, the defendants filed preliminary objections under Section 305(1)(a) of the Administration of Criminal Justice Act, 2015, and Sections 6(a), 6(b), and 295 of the Constitution, seeking dismissal of the charges over alleged lack of jurisdiction and abuse of process.
They also requested a stay of proceedings pending the resolution of a share ownership dispute involving Woobs Resources Limited, currently before the Court of Appeal in Suit No. CA/L/343/2020.
The defense argues that the criminal case arises from a corporate dispute over shares in Woobs Resources Limited, connected to a joint venture agreement between the 4th defendant and the nominal complainant, Mr. James Onyemenam.
The February 27 hearing is expected to clarify the status of the arrest warrant and the prosecution’s next steps in this high-profile N32 billion fraud case.
