The Special Fraud Unit of the Nigeria Police claimed to have arrested Ojikutu in her Lagos home on Tuesday, after months of declaring her wanted, but failed to produce her in court on Wednesday.
The prosecuting counsel, Mr. Bukola Durojaiye, only urged the court presided over by Justice Mohammed Yunusa, to adjourn the matter till Thursday to enable the prosecution to assemble necessary documents.
He said there were some administrative issues which needed to be sorted out before the arraignment of the accused.
The accused person’s lawyer, Chief Bolaji Ayorinde (SAN), did not object to the request for adjournment.
Ojikutu was charged with three counts of conspiracy, fraud and stealing.
The SFU accused Ojikutu of committing the offences in September 2011.
She was alleged to have conspired with her son, Sampson Ojikutu, whose name was later dropped from the charges, to fraudulently obtain the sum of N130m from one Cajetan Okekearu.
The accused allegedly obtained the money from Okekearu under the pretext of selling to him a plot of land to sell at Lekki phase 1, Victoria Island Lagos.
According to the prosecution, the complainant later discovered that the accused person’s claim of ownership of the plot of land was false.