The sports category has moved to a new website.
ADVERTISEMENT

2 in court over alleged N44m fraud

The two men conspired to obtain N44 million from one Babatunde Owolabi under the pretext of using the money to do business.

Court gavel

Odumuyiwa, 36, and Oganla, 37, were arraigned in an Ikeja Magistrates’ Court presided over by Mr A. Adigun on a charge of conspiracy, fraud and stealing.

However, the accused, residing in Agege, near Lagos, denied the charges.

They were subsequently, admitted to bail in the sum of N200, 000 each with two sureties each in like sum.

ADVERTISEMENT

The Prosecutor, Sgt. Emmaunel Ajayi, said that the duo committed the offences on March 30 at Agege.

He said that the two men conspired to obtain N44 million from one Babatunde Owolabi under the pretext of using the money to do business.

“The accused fraudulently collected the money from the complainant with a promise to pay back but refused.”

Ajayi said that after the complainant gave the accused the money, they refused to pay at the agreed date and were nowhere to be found.

“The accused disappeared into thin air.

ADVERTISEMENT

“All efforts made by the complainant to collect his money proved unsuccessful as the accused refused to pick his calls.”

He said that the offences contravened Sections 287, 314 and 411 of the Criminal Law of Lagos State, 2015.

The News Agency of Nigeria (NAN) reports that the accused may be jailed for 15 years if found guilty of obtaining money under false pretences.

The case was adjourned until June 12 for mention.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Reasons rain causes heavy traffic in Nairobi

Reasons rain causes heavy traffic in Nairobi

Medical school makes education free forever after receiving unexpected donation

Medical school makes education free forever after receiving unexpected donation

2 arrested for allegedly defrauding billionaire Andrew Ngirici

2 arrested for allegedly defrauding billionaire Andrew Ngirici

CS Kuria announces crackdown on 900,000 gov't employees

CS Kuria announces crackdown on 900,000 gov't employees

EACC arrests 5 brothers who are gov't officers over Sh48.9M corruption case

EACC arrests 5 brothers who are gov't officers over Sh48.9M corruption case

Kawangware businessman caught on CCTV assaulting woman gets his day in court

Kawangware businessman caught on CCTV assaulting woman gets his day in court

Atwoli throws party to celebrate son's illustrious achievements at a young age [Photos]

Atwoli throws party to celebrate son's illustrious achievements at a young age [Photos]

Biden says Israel-Hamas ceasefire could come as soon as next week

Biden says Israel-Hamas ceasefire could come as soon as next week

MPs join residents in raiding  gov't office & destroying goods worth Sh6 million

MPs join residents in raiding gov't office & destroying goods worth Sh6 million

ADVERTISEMENT