A
40-year-old businessman, Dayo Adula, who allegedly defrauded one Ganiyu Olanrewaju
of N1.3 million, on Thursday appeared
before an Apapa Magistrates’
Court, Lagos.
Adula, who
resides in Satellite Town area of Lagos, is facing a charge of fraud.
The
Prosecutor, Insp. Tony Elibeh, told the court that the accused committed the
offence on September 15, 2016, in Abule-Ado area of Satellite Town, Lagos.
State
Elibeh said
that the accused collected 600 bags of cement valued at N1.3 million from the
complainant and promised to pay him after selling them; a representation he
knew was false.
The
prosecutor alleged that the accused sold off the cement and converted the money
to his personal use.
Elibeh said
that when the complainant did not get any feedback from the accused, he decided
to confront him and demand for his money.
“ The
accused, who had spent the money, started giving the complainant excuses.
“When the
complainant got tired of the excuses, he reported the matter to the police and
the accused was arrested,’’ he said.
Elibeh said
the offence contravened Section 314 of the Criminal Law of Lagos State,
2015(Revised).
The News
Agency of Nigeria (NAN) reports that Section 314 prescribes a 15-year jail term
for offenders.
The accused,
however, pleaded not guilty to the charge.
The Chief
Magistrate, Mr Titus Abolarinwa, granted him bail in the sum of N200, 000, with
two sureties in like sum.
Abolarinwa
adjourned the case until June 28 for mention. (NAN)

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