Lagos – Jamiu Jatto, an estate agent, who allegedly defrauded 17 accommodation seekers to the tune of N10 million, was on Thursday granted N500, 000 bail by a Yaba Chief Magistrates’ Court, Lagos.
Jatto, 38, who resides in Itire area of Lagos State, is facing a three-count charge of conspiracy, obtaining by false pretences and stealing.
The Prosecutor, Insp. Roman Unuigbe, told the court that the accused and some others still at large, committed the offences from May 25, 2015 to Jan. 14, 2016 at No 3, Kamoru St., Itire, Lagos.
He said the accused collected money from accommodation seekers and assured them that their apartments would be ready by the end of 2015.
“The accused showed all his victims the same site at Kamoru St., Itire that he was developing.
“When his victims found out, they asked for the refund of their money but the accused failed to pay back, ’’ he said.
Unuigbe said the offences contravene Sections 285, 312, and 409 of the Criminal Law of Lagos State, 2011.
The News Agency of Nigeria (NAN) reports that Section 312 prescribes seven-year jail term for offenders.
The Magistrate, Mr P. A. Ojo, granted the accused bail in the sum of N500, 000 with two sureties in like sum and adjourned the case till May 20 for trial. (NAN)
