Home News Businessman arraigned for allegedly presenting dishonored cheque for N1.5m

Businessman arraigned for allegedly presenting dishonored cheque for N1.5m


AKURE – A 35-year-old businessman, Victor Obukohwa, was on Thursday arraigned at an Akure Magistrates’ Court for allegedly presenting a dishonored cheque for N1.5 million.

The prosecutor, ASP Isah Atanegbe, told the court that the accused committed the offence on Sept. 5, at Oba-Ile, Akure, in Ondo State.

“He issued a First Bank Plc cheque for the sum of N1.5 million to Jojein Hotels, Oba-Ile, Akure, which was entrusted to Babtunde Oguntonade.

“When the complainant presented the cheque at the bank, it was dishonored on the grounds that there wasn’t sufficient funds in the account,” he said.

The prosecutor said the offence contravened Sections 1(i), b(i) of the dishonored cheques Act, Cap.102, Laws of the Federation of Nigeria, 1990.

The accused pleaded not guilty to the one-count charge.

Atanegbe asked for an adjournment to enable him present his two witnesses in court.

Counsel to the accused, Habib Bidmus, however, applied for the bail of his client, on liberal terms and assured the court of credible sureties, if granted.

The Magistrate, Mrs Victoria Bobmanuel, granted the accused bail in the sum of N2 million and 2 sureties in like sum, adding that the sureties must reside in the magisterial district.

She ordered that the case file be duplicated and sent to the Ministry of Justice for legal advice, and adjourned the case to Dec.11, for mention. (NAN)

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