2 Arraigned In Lagos For N7.3 Million Fraud

2 Arraigned In Lagos For N7.3 Million Fraud

By Agency Reports on February 9, 2015
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NAN –  Two men, Abdulmuid Kehinde, 49, and Oladele Adekola, 45, who allegedly obtained a truck and bags of charcoal worth N7.3 million under the guise of being exporters, were on Monday, February 9, 2015 arraigned in an Igbosere Magistrates’ Court in Lagos.

The accused, whose addresses were not given, are standing trial on a five-count charge of conspiracy, stealing and fraud.

The prosecutor, Cpl. Innocent Odugbu, told the court that the accused committed the alleged offences between 2012 and 2013 at Amuwo Odofin and Ijesha, all suburbs of Lagos.

Odugbo said that the accused presented themselves as exporters of charcoal and obtained the sum of N800, 000 from one Mr Henry Dunkwu under the guise of processing the export of his charcoal.

He said that the accused also obtained a Mack Vision truck marked XV 606 EKY and valued at N6.5 million from Dunkwu under the guise of managing it.

The prosecutor said that the accused knew that the presentations they made were false.

He said that the alleged offences contravened sections 285, 312 (3) and 409 of the Criminal Laws of Lagos State, 2011.
The accused, however, pleaded not guilty to the charge.

The News Agency of Nigeria (NAN) reports that Section 312 provides that any person who obtains money by false pretence is guilty of a felony and is liable to 15 years’ imprisonment.

The magistrate, Mrs C. J. Momodu, admitted the accused to bail in the sum of N200, 000 each with one surety each in like sum.

She said that the surety must be gainfully employed and must show evidence of tax payment.

Momodu adjourned the case till March 2 for mention.

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