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TransparencIT
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Fraud

Jul 24, 2025

FRN vs B.T.D Multi Global Limited

Humans

B.T.D Multi Global Limited

Money bag

N1 billion
Amount allegedly defrauded

Money bag

Case Summary
The accused allegedly operated as an investment company illegally and fraudulently misappropriated N1 billion received from about 8,000 investors.

Calendar

0
Year(s) case tried in court

Gavel

Case Update
The trial judge found the defendant guilty of counts 1, 2, 3, 4, 5, 6 and 7 and ordered the revocation of the certificate of incorporation of the defendant (company) and the Corporate Affairs Commission to windup the company. The court further ordered that the proceeds therefrom, as well as the sum of N32 million recovered in the course of the investigation, should be used to pay the investors.

Court house

Hon. Justice N. Ayo-Emmanuel
Federal High Court, Osogbo, Osun

Legislation

ACJA/ACJL Compliance - complied

Case Information
B.T.D Multi Global Limited
Presiding Judge & Designated Court
Hon. Justice N. Ayo-Emmanuel, Federal High Court, Osogbo, Osun
Nature and Number of Charges
7-count charge bordering on investment fraud.
Date of 1st Arraignment
Nov 22, 2021
Summary of Case
The accused allegedly operated as an investment company illegally and fraudulently misappropriated N1 billion received from about 8,000 investors.
Defendant(s) and Plea entered on Arraignment
1. B.T.D Multi Global Limited – Guilty
Defence Counsel(s)
No defence counsel
Prosecuting Agency
Economic and Financial Crimes Commission
Prosecutor(s)
No prosecutors recorded
Status of Case
Decided
Decision
Convicted
Length of Trial
0 year(s)
ACJA/ACJL Compliance
Complied
Court Decision
The trial judge found the defendant guilty of counts 1, 2, 3, 4, 5, 6 and 7 and ordered the revocation of the certificate of incorporation of the defendant (company) and the Corporate Affairs Commission to windup the company. The court further ordered that the proceeds therefrom, as well as the sum of N32 million recovered in the course of the investigation, should be used to pay the investors.