The News Agency of Nigeria (NAN) reports that the accused was charged with N3 million fraud.
Aje-Afunwa directed that the sureties must show evidence of payment of three years tax to the Lagos State Government and adjourned the case till July 12.
The accused, who resides at Pasede Village, Awoyaya, Ibeju-Lekki, Lagos, is facing a two-count charge of stealing and fraud.
The prosecutor said that the complainant later discovered that the accused had duped him of his hard earned money.
“The accused converted the money to his personal use and absconded to an unknown place and all efforts to recover the said money proved abortive,’’ Nwangwu said.
He also said that the accused threatened Oluwole on the few occasions he was able to reach him on phone, forcing the matter to be reported to the police.
The prosecutor said the offences contravened Sections 285 and 312 of the Criminal Law of Lagos State, 2011.
The accused, however, pleaded not guilty to the charges and his lawyer applied for bail in liberal terms.
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