FRAUD: Court Issues Arrest Warrant for Dana Air MD in N1.3 Billion
FRAUD: Court Issues Arrest Warrant for Dana Air MD in N1.3 Billion
A Federal High Court in Abuja has issued an arrest warrant for Hathiramani Ranesh, the Managing Director of Dana Air, in connection with an alleged fraud involving N1.3 billion.
The court’s decision comes after claims surfaced regarding financial misconduct and mismanagement within the airline. This development raises serious concerns about corporate governance in the aviation sector and could have significant implications for Dana Air’s operations. Law enforcement agencies have been directed to locate and apprehend Ranesh to face charges in court, as the case continues to draw public attention and scrutiny.
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