Trader, 42, Remanded In Prison Over N2m Fraud
An Ilorin Magistrate's Court on Wednesday remanded in prison a 45-year-old trader, Uchenna Okafor of Ibrahim Taiwo road Ilorin over alleged N2 million fraud.
The accused was dragged to court on a four-count charge of criminal conspiracy, breach of trust, intimidation and cheating.
The police prosecutor, Insp. Nasiru Yusuf, told the court that the case was filed following a complaint to the Commissioner of Police, by one Kolawole Samuel, General Manager of Bodis Financial consult Ilorin against Uchemna Okafor.
Yusuf said that sometimes in July 2014, the accused applied for and was granted a loan of two million naira by the company which he was to repay in 2015, but failed to do so. He said that the accused subsequently absconded and all effort to get him proved abortive.
The prosecutor told the court that the accused had also threatened to kill the complainant when they spoke on phone.
"Investigation conducted at X-Squad Unit, revealed that Uchenna Okafor collected the said amount from Bodis Financial Consult and he refused to pay the loan with interest that has accumulated to N7 000 000.00," Yusuf said. He said the offence is contrary to sections 312, 397 and 322 of the Penal Code Law.
Yusuf urged the court to adjourn the case for further mention as investigation was ongoing. Magistrate Mohammed Ibrahim ordered the accused to be remanded at Federal Prison, Oke-Kura Ilorin and adjourned the case till March 21, for mention.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Chemiroy Nigeria Limited Ibrahim Kayode Adeyemi Bureau Of Lands Wahab Olasupo Egbewole Jimoh Saadudeen Muhammed Kwara State Geographic Information Service SSA Youth Engagement Talaka Parapo 11th Galadima Yusuf Amuda Aluko Pius Abioje Ilorin East Leke Ogungbe Irepodun Lanre Jimoh MAI Akande Abdulrazaq Sanni Christian Association Of Nigeria Cassava Growers\' Association Akanji Salary NULGE Elerin Of Erin-Ile Shaaba Lafiagi Tunji Arosanyin Wole Oke Saheed Akinwumi Mohammed Alabi Lawal Timothy Olatunde Fadipe Ishola Balogun Fulani Split Diamond Interchange Monsurat Omotosho SWAN Yusuf Mubarak Saba Mamman Daniel Ahman Pategi University Abubakar Bature Sulu-Gambari Inside Kwara Olatunde Jare Lawal Arinola Kudirat Alabere Bond Twitter Yakubu Mohammed Abdullahi Edret Sabi Abel Chikanda Tunde Saad Musa Ayinla Yeketi Habeeb Saidu GRA Ubandoma Bolaji Aladie Dankaka Moses Rahman Popoola Kola Shittu PPS Sunday Fagbemi Al-Ilory Iyabo Adewuyi Ileloke Raliat Elelu-Habeeb Isapa Abubakar Usman Jos Tunde Oyawoye Share Moremi High School Ilorin Likeminds Foundation Tosin Saraki Playing Host Ahmed Ayinla Jimoh Diagnostic Centre Baba Issa Awoye Oko Sardauna Of Ilorin 08001000100 T And K FOODS Code Of Conduct Tribunal