Nigerian Government Seeks Arrest Warrant for Dana Air MD in $786,000 Fraud Case

The Nigerian government has called for a bench warrant against Hathiramani Ranesh, the Managing Director of Dana Air, following his failure to appear before the Federal High Court in Abuja. The case involves allegations of fraud totaling $786,000 (approximately ₦1.3 billion), with the Nigerian authorities pushing for legal action due to Ranesh’s absence at scheduled court proceedings. This development reflects Nigeria’s increasing focus on holding corporate executives accountable in cases of alleged financial misconduct.