Henry Akinduro, CEO of Global Signature Hotel and Total Grace Group Limited, has filed a ₦5 billion lawsuit against the Economic and Financial Crimes Commission (EFCC) for allegedly violating his rights by declaring him wanted without due process.

The EFCC recently listed Akinduro as wanted following fraud accusations from Femi Olushakin. Akinduro’s legal team, led by Senior Advocate of Nigeria (SAN) Olalekan Ojo, asserts that the matter is a contractual dispute, not criminal fraud, and is already subject to an ongoing civil case (Suit No: I/875/2024).

Akinduro maintains his innocence, accusing the EFCC of escalating a civil issue and damaging his reputation. His lawyers argue that the fraud claims are baseless and a misuse of state resources. Akinduro has called for a transparent legal process, emphasizing his right to be presumed innocent until proven guilty.

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