Suspect of N57m alleged theft gets N58m bail

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By Joy Kaka

Abuja – A 45-year-old businessman, Aminu Saminaka, charged with cheating was on Thursday granted bail in the sum of N58 million by a Gudu Upper Area Court in Abuja.

The judge, Alhaji Umar Kagarko, ordered that the defendant must produce one surety in the bail sum who must be a civil or public servant on Grade level 7 and above, and resident within the court’s jurisdiction.

He also ordered that all relevant documents of the surety should be deposited with the court and that his addresses must be verified.

The defendant, who resides at Royal Garden Estate, Jikwoyi, Abuja, is facing two-count charge of criminal breach of trust and cheating, was said to have cheated a man of N57 million.

The prosecutor, Mr Patrick Ebong, had told the court that one Ifeanyi Agbo, Manager of Jamil Motors, Nyanya, Abuja, reported the matter at the Federal Capital Territory Police Command on Aug. 31.

He said that the plaintiff entrusted 14 cars to the defendant, as a sales agent to the company, between 2014 and 2016.

Ebong said the defendant sold the cars valued at N57 million and converted the money to his use without remitting any to the plaintiff.

He told the court that when the defendant was arrested, he admitted to selling the cars and using the money for politics.

The prosecutor said that the offences contravened Sections 312 and 322 of the Penal Code.

The defendant pleaded not guilty.

After granting bail to the defendant, the judge adjourned the case till Nov. 24 for hearing.
Edited By Adeboye Ajayi and controlled by Olisa Ifeajika

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