By Dorcas Elusogbon
Ile-Ife – An Ile-Ife Magistrates’ Court in Osun on Monday, ordered that a palm oil manufacturer, Sayo Olafare, be remanded in prison custody over her failure to pay N100,000 bail.
Magistrate Muhibah Olatunji, had Olafare to bail in the sum of N100,000 with one surety in like sum, after she was arraigned on two counts of fraud and collection of N90,000 under pretence.
Olatunji ordered that the surety must swear to affidavit of means, be a close relation, produce three years tax clearance certificate as well as present three recent passport photographs.
The case was adjourned until March 21 for definite hearing.
Earlier, the Prosecutor, Sgt Bassey Asukwo, told the court that the accused committed the offence on March 14, 2018 around 6:30 p.m. at Igboya Street, Ile-Ife.
Asukwo said that the accused collected N90,000 from one Mary Adegbaju with a promise to supply 15 kegs of 25 litres of palm oil on March 31, 2018, but failed to do so.
He alleged that the accused fraudulently collected and converted the sum of N90,000 to her own use.
Asukwo said that the offence contravened the provisions of sections 383, 390 (9) and 419 of the Criminal Code, Laws of Osun, 2003.
The accused, who was not legally represented, however, pleaded not guilty.