Businessman Faces N5.3m Fraud Charge

Whatapp News

By Oluwatope Lawanson


Ikeja   –       A 40-year-old businessman, Chijioke Obieze, on Friday, appeared before an Ikeja Chief Magistrates’ Court for allegedly collecting N5.3 million from two men on the pretext to assist them buy two cars.

Obieze, a resident of 4. Savannah St., Coker Aguda, Lagos, is facing a two-count charge of conspiracy and fraud.

The Police Prosecutor, Peter Nwangwu, said that the accused committed the offences on April 16, about 6.20 p.m at Coker-Aguda, Surulere, Lagos.

He said the accused conspired with others still at large, to collect the sum of N5.3 million from the complainants, Mr Ndubuisi Ezeunere and Akubuo Amanze, under the guise of supplying them two cars.

Nwangwu said that the accused collected the said amount from the complainants and promised to help them procure the cars through his brother in Italy.

“He failed to deliver the cars to them and started threatening their lives whenever they reached him on phone.

“Obieze absconded with the money but was later caught; he promised to refund the money but failed to do so,” he said.

The offences contravened Sections 314 and 411 of the Criminal Laws of Lagos State, 2015.

The accused, however, pleaded not guilty to the charge.

Chief Magistrate Y.O. Aje-Afunwa granted the accused N900, 000 bail with two sureties in like sum.

She said the sureties should be gainfully employed with evidence of tax payment to the Lagos State Government.

In addition, one of the sureties should be a relation of the accused.

Aje-Afunwa adjourned the case until Dec. 17 for mention.

Whatapp News