Businessman docked over alleged N1.3m fraud

A 43-year-old businessman, Lamidi Moruf, has been arraigned before a Lagos Chief Magistrate’s Court, sitting at Tinubu, by the police for allegedly obtaining the sum of N1.3million under false pretence.
The accused according to the police, who has no fixed address, is facing a two count-charge bordering on obtaining and stealing preferred against him by the police.
The prosecutor Supol Chidi Okoye, informed the court that the accused committed the alleged offence sometimes in February 2015, at Zenith Bank, in Campbell Street Lagos Island, Lagos, where he obtained the said sum from one Olusola Shenaike, under the pretence of selling a Toyota Corolla car to him.
The alleged offences according the prosecutor, are punishable under sections 312, (1) (b) and 285 (1) of the criminal law of Lagos state of Nigeria 2011.
However, the accused pleaded not guilty to the charges when they were read to him.
Consequently, the presiding magistrate AO Awogboro, admitted him to bail in the sum of N200, 000, with two sureties in like sum.
Other bail conditions for the accused according to magistrate Awogboro, is that the sureties-would-be must present to court evidence of three years tax payment to the Lagos state government, means of livelihood and have their residences verified by the prosecutor.
The matter has been adjourned till June, 2015, for mention.