Nigeria, May 14 -- The Economic and Financial Crimes Commission (EFCC) has re-arrested former Lagos socialite Fred Ajudua over a $1.43 million fraud case that has lasted about two decades.

PREMIUM TIMES learnt from sources without authority to discuss the matter with the media that the anti-graft agency's operatives arrested Mr Ajudua in Abuja on Tuesday.

The development came just days after Friday's judgement of the Supreme Court revoking a 2018 controversial bail granted to him by the Lagos Division of the Court of Appeal in a case the EFCC has been prosecuting since 2005.

The Supreme Court's ruling upholding the EFCC's appeal against the bail ordered Mr Ajudua's arrest and his detention in a correctional centre.

The EFCC is set to ...