NAN-H-15
Businessman
By Oluwatope Lawanson
Lagos, Sept. 18, 2017 (NAN) A businessman, Gbenro Olatuja, on Monday appeared before an Ikeja Chief Magistrates’ Court charged with N2.6 million fraud and issuance of a forged document.
Olatuja, a resident of Lagos Island, is facing a three-count charge bordering on fraud and forgery.
The Police Prosecutor, Insp. Simeon Imhonwa, said the accused obtained N2.6 million for a business from the complainant, Mr A.P. Olatunbosun, a lawyer, with a promise to return the money later with interest.
“The accused collected the money from the complainant with a promise of remitting it on installments with interest.”
According to him, the accused committed the offences sometime in June in Lagos.
“Olatuja later presented a bank electronic transfer document which was forged for the sum of N2.6 million in favour of the complainant.
“All efforts made by the complainant for the accused to refund the money proved abortive,” hence the report,’’ Imhonwa told the court.
The offences contravened Sections 287,314 and 365 of the Criminal Law of Lagos State, 2011.
The News Agency of Nigeria (NAN) reports that Sections 287 and 314 provide 15-year jail term each for offenders.
The accused pleaded not guilty to the charge.
Chief Magistrate B.O. Osunsanmi granted him bail in the sum of N500,000 with two sureties in like sum.
Osunsanmi said the sureties must be gainfully employed with an evidence of two years tax payment to the Lagos State Government.
She adjourned the case until Nov. 14 for mention. (NAN)
LAW/YMU/DA
Edited by Yakubu Uba/Dele Akinsola