Crime
Mo Abudu allegedly mismanages Netflix’s funds
Nigerian filmmaker and business mogul, Mosunmola Abudu better known as Mo Abudu is reportedly in trouble with Netflix.
According to Cutie Julls, Mo Abudu and Kunle Afolayan were prepaid huge sums to produce Nigerian movies that will attract a worldwide audiences and not just a Nigerian audiences.
However, due to alleged mismanagement of funds from Mo Abudu’s end, Netflix is now permanently moving to South Africa, where the hub would be based.
“Aunty Mo, wetin you do wey Netflix start to dey lose interest? Heard you and Uncle Kunle Afolayan were prepaid huge sums to produce Nigerian movies that will attract worldwide audience and not just Nigerian Audience. Even if not the whole 7 continents at least you could have stretched beyond West Africa. I think even Kemi tried with the Return of the King of The Boys than most of Aunty Mo’s Netflix standard produced movie.
Aunty Mo, so you collect this huge amount of money to produce 6 movies, and what happened? Like when I heard the least amount to produce one movie for Netflix, Omo I commot cap for you o. You don enrich yourself well well. But that’s not the point cuz business is meant to be profitable even if your profit margin huuuuuuuuge. But Aunty Mo, the goal of Netflix was to push Nigerian movies out there just like how the musicians like Burna, David, Wiz, Rema, Tems, Tiwa etc are pushing Nigerian music out there but my aunty greedily and selfishly spoil am. Now Netflix wan Japa to SA even if to cast Nigerian actors. The hub will be SA”.
Recall that Mo Abudu’s latest blockbuster movie, ‘Blood Sisters’, which trended on social media barely a few hours after its release.
The movie which did not only capture the local audience but also the international viewers was released on Thursday, 5th and just a few hours after its launch, the movie began to trend globally with various reactions.
Mo Abudu who produced the highly-rated crime thriller, took to her handle to share a screenshot of how her movie was trending on Twitter, revealing that they set out to make a ‘local show for a global audience and they were beginning to see this become a reality just one day after launch.
The Economic and Financial Crimes Commission has arraigned two men, Ali Bala and Yusuf Umar Anka, before the Lagos State High Court sitting in Ikeja over alleged financial crimes involving £110,000 and ₦500 million.
The defendants were arraigned on Friday, 4 September 2026, before Justice Olukayode Ogunjobi on a 10-count charge bordering on money laundering, stealing and retention of stolen property.
One of the counts alleges that Bala, also known as Barrister Ahmed, and Anka conducted financial transactions in Lagos in 2025 involving proceeds of unlawful activities in an attempt to disguise the source of £110,000 allegedly stolen.
The commission said the alleged offence contravened Section 7(1)(b)(i) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006.
Both defendants pleaded not guilty when the charges were read to them.
Following their pleas, prosecution counsel, H.U. Kofarnaisa, asked the court to adjourn the matter for trial and sought an order for the defendants to be remanded in a correctional facility.
However, defence counsel informed the court that bail applications had already been filed on behalf of the defendants.
Justice Ogunjobi subsequently adjourned the case until 8 September 2026 for hearing of the bail applications and ordered that Bala and Anka remain in EFCC custody pending the hearing.
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