Woman in court for alleged N77m fraud
NAN-H-51
Fraud
Lagos, Jan. 20, 2017 (NAN) A 49-year-old woman, Ibironke Olaleye, on Friday, appeared before Tinubu Magistrates’ court , Lagos for allegedly obtaining N77 million under false pretences.
The accused who is facing a four-count charge bordering on conspiracy, theft, fraud and issuance of dud cheque, however pleaded not guilty to the charges.
The prosecutor, Insp. Ben Ekundayo told the court that the accused committed the alleged offences in July, 2015 in Lagos.
He added that she collected the sum of N77 million from one Adeyemo Adebanjo under the pretext of supplying him Premium Motor Spirit and Automotive Gas Oil (PMS and AGO).
Ekundayo said that the accused failed to supply the product and issued a dud Zenith Bank cheque when requested to refund the said amount.
The prosecutor said that the offences contravened sections 285, 312, 313 and 409 of the Criminal Law of Lagos State, 2011.
The Magistrate, Mr Ade Adefulire, granted the accused bail in the sum of N500,000 with two sureties in like sum.
He said that the sureties must be the accused blood relations, one a landowner in the state and the other a level 13 officer in the civil service.
He then adjourned the case to Feb. 13 for hearing. (NAN)
TME/JIE
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(Edited by Julius Enehikhuere)