Nigeria, Sept. 16 -- The Federal High Court in Lagos has refused a bail application filed by Aminah Momoh-Orimoloye, a United Kingdom-based businesswoman accused of N500 million fraud.

The judge, Musa Kakaki, in a ruling on Monday, held that Ms Momoh-Orimoloye had already been granted administrative bail by the Economic and Financial Crimes Commission (EFCC) but failed to meet the conditions.

The judge said her inability to provide reliable sureties could not amount to a breach of her fundamental rights.

Ms Momoh-Orimoloye, the Coordinator of the Economic Empowerment of Women and Youth in Livestock Agriculture (EEWYLA) and founder of Oriyon International Limited, was arrested on 5 August.

She has since remained in EFCC custody.

Ms Mo...