Fantoli, an associate of Nolan, has been implicated in the alleged $9.6 billion P&ID fraud.
The suspect, who remains at large along with the company, was arraigned in absentia on November 25, 2022, facing an eight-count charge of money laundering. During the arraignment, neither Fantoli nor any legal representative appeared in court.
Following an application by the EFCC counsel, the court declared Fantoli wanted and issued an order for his arrest wherever he might be found.
Among the over 30 companies linked to the $9.6 billion P&ID scam are Resorts Express Concept Nigeria Ltd. and Trinity Biotech Nigeria Limited.
Meanwhile, Nolan is undergoing trial on separate charges before different judges. In September 2022, a federal high court in Abuja revoked Nolan’s bail and issued a bench warrant for his arrest after he failed to appear in court.
