fbpx
HomeFraudLagos Man Arraigned Over N950m Fraud

Lagos Man Arraigned Over N950m Fraud

A 45-year-old man, Olusegun Ogunbanjo, has been dragged before a Sabo-Yaba Chief Magistrates’ Court, over allegations that he defrauded two men of N950 million.

The accused appeared before the Chief Magistrate, Mrs Adeola Olatubosun, on Thursday on a three-count of obtaining by false pretences, forgery and stealing.

Ogunbanjo pleaded not guilty to all charges.

NIGERIACRIME learnt that the defendant committed the offences between January 2017 and December 2022 in the Ikorodu area of Lagos State.

According to the prosecutor, Rita Momah, an Assistant Superintendent of Police

Momah told the court that the accused forged an organisation’s Local Purchase Orders to carry out the acts, in contravention of Sections 287, 314 and 365 of the Criminal Law of Lagos State.

Momah submitted that the defendant obtained N450m from one Mr Olusola lkuyajesin and N500m from one Mr Durodola Balogun under false pretences of using the money to buy stationeries.

READ AALSO: Armed Robbery Suspect arrested in Ogun

Magistrate Olatubosun granted him bail in the sum of N10m with two sureties in like sum.

She ordered that the defendant must deposit his passport with the court and also directed that one of the sureties must have a landed property within the court’s jurisdiction.

She adjourned the case till April 5 for a substantive hearing.

In another news, no fewer than 10 passengers were burnt to death on Thursday after two commercial buses collided on Oyo-Ogbomoso Road.

The Federal Road Safety Corps said a Mazda and a Toyota Hiace bus were involved in the accident.

According to the FRSC Sector Commander in the state, Joshua Adekanye, the incident occurred at about 5.30 a.m around kilometre 12, Ijawaya, Oyo-Ogbomoso road.

He said the buses with registration numbers LEM 963 XA and NSR 222 ZS were coming from Lagos and Nasarawa states respectively.

Adekanye disclosed that the vehicles went on flame immediately resulting in the burning of the occupants.

He attributed the cause of the accident to speeding and overloading.

RELATED ARTICLES
- Advertisment -

Most Popular

Recent Comments