NAN-H-19
Businessman
By Deborah Akpede
Lagos, Jan. 4 , 2017(NAN) A 40-year-old business woman, Okechi Pachela, was on Wednesday docked at an Ikeja Magistrates’ Court for allegedly defrauding a man of N2 million.
Pachela, a resident of Agege area of Lagos, is facing a two-count charge of fraud and stealing.
According to the prosecutor,Sgt. Micheal Unah, the accused committed the offences on May 9 at Agege.
Unah said the accused obtained a loan of N2 million from the complainant, Mr Temidayo Akinleye, on the pretext of using the funds to execute a contract.
“The accused approached the complainant to seek a N2 million loan to execute a contract which she claimed was awarded to her in Abuja.
“The complainant agreed to give her the loan with N200,000 interest which the accused agreed to.”
Unah said when it was time for repayment she issued a dud cheque to the complainant.
“The accused issued a cheque to the complainant but when the complainant got to the bank, the cheque was dishonored due to insufficient funds in the accused’s account,’’ he told the court.
The offences contravened sections 285, and 312 of the Criminal Law of Lagos State, 2011.
Pachela, however, pleaded not guilty.
The News Agency of Nigeria (NAN) reports that the accused may be jailed 15 years if found guilty according to the provisions of Section 312.
The Magistrate, Mrs A. O. Gbajumo, admitted the accused to a bail of N300,000 with two sureties in like sum and adjourned the case to Feb. 6 for mention. (NAN)
DOA/DEB/DA
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Edited by Debo Oshundun/Dele Akinsola