Fraud
By Oluwatope Lawanson
Ikeja, May 23, 2018 (NAN) A 52-year-old man, Abraham Omotosho, was on Wednesday brought before an Ikeja Chief Magistrates’ Court, Lagos, for alleged N4.5 million fraud.
Omotosho, whose address was not provided, is facing a two-count charge of fraud and stealing.
Police Prosecutor, Peter Nwangwu, told the court that the accused committed the offences on July 30, 2017 in Eti-Osa Local Government Area of Lagos.
Nwangwu said that the accused collected N4.5 million from the complainant, Mr Hakeem Fasugba, to finance a Local Purchasing Order (LPO), a representation he knew was false.
“He absconded with the money to an unknown place, but was later caught and he promised to refund the money which he failed to do.
“The case was reported to the police and he was arrested for questioning,” he said.
The accused, however, pleaded not guilty to the charge.
In her ruling, the Chief Magistrate, Mrs Y. O. Aje-Afunwa, granted the accused bail in the sum of N800, 000 with two sureties in like sum.
She said the sureties should be gainfully employed and should own landed property within the court’s jurisdiction.
Aje-Afunwa said that, in addition, one of the sureties should be a relation of the accused.
She adjourned the case until July 4, for mention. (NAN)
LAW/EOB/EMO
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Edited by Edith Bolokor/Ejike Obeta
Man, 52, faces alleged N4.5m fraud charge
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