Businessman faces trial over alleged N6.8m fraud

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Uba Group

BY AGENCY REPORTER  

A businessman, Femi Igein, 41, on Tuesday appeared before an Ikeja Magistrates’ Court over an alleged N6.8 million fraud.

The police charged Igein, a resident of Ikotun, Lagos State, with obtaining money under false pretence, theft and issuing of dud cheque.

The Prosecution Counsel, Sgt. Olasunkanmi Adejumola, told the court that the defendant committed the offence on March 6, at Apapa, Lagos State.

According to him, the defendant fraudulently obtained 33,000 litres of diesel worth N6.8 million from Mr Ayo Tunde and issued him a dud cheque.

When the complainant presented the cheque for payment, he said, it was returned due to insufficient funds in the defendant’s account.

The offence, he said, contravened the provisions of sections 287, 314 and 321 of the Criminal Law of Lagos State, 2015.

Igein pleaded not guilty to the charged.

The News Agency of Nigeria reports that Section 287 attracts three years imprisonment for stealing while Section 314 attracts 15 years for obtaining money under false pretence.

Magistrate R. A. Alejo admitted the defendant to bail of N500,000 with two sureties as part of the bail condition.

Alejo said that the sureties should be gainfully employed and should show evidence of two years tax payment to the Lagos State Government.

The case was adjourned to September 22 for hearing.