Businessman in court for alleged N8m fraud

Date: 2021-06-24

Kwara state Upper Area Court sitting in Ilorin Wednesday docked a businessman, Sheu Atere for an alleged fraud of a sum of eight million Naira Alhaji Atere who deals in petroleum products was dragged to court by one Ganiyat Bisola Ishola (complainant) for alleged breach of trust.

In a direct complaint of criminal misappropriation, criminal breach of trust and cheating number UAC1/CRF/126/2021, counsel to the complainant Taofiq Sanusi accused the defendant of reneging on an agreement.

Sanusi said: "The complainant briefed us that Alhaji Sheu Atere approached her in the year 2020 to assist him with funds in his petroleum business promising to be paying profit over the capital on monthly basis.

"The defendant lured and fraudulently deceived the complainant into a fictitious business of dealing in petroleum products. In the process, the complainant gave the sum of one million Naira her personal money to the defendant.

"The defendant also pressurized the complainant to add to the initial amount borrowed from the complainant and the complainant collected a sum of seven million naira from her boss in the office and her friend to give to the defendant with the assurance of using the money for business purposes."

He added that the complainant equally lent out a sum of 250,000 to the defendant for personal use.

"Recently, the complainant discovered that the defendant is a fraudster who had allegedly duped many people to the tune of over N100 million," Sanusi added.

Complainant counsel told the court that his client (complainant) had suffered arrest, humiliation and detention in police custody from her boss and friend because the defendant reneged on their agreement.'

He added that his client job's is on the line because of her inability to refund back the money she took from her boss as a loan.

"All this has put a lot of pressure on the complainant," adding that the petition the complainant wrote to the NNPC Depot in Ilorin, Kwara state capital did not help matters.

"The response she got from the depot was that she should take necessary legal steps against the defendant," he added.

He, therefore, urged the court to remand the defendant in prison custody, adding that "a lot of people have fallen victims of the defendant's antics.

But defendant counsel I E Iyanda urged the court to grant him bail, saying he would evade justice.

Iyanda added that the defendant "was served the criminal summons and he obliged. The defendant is a renowned businessman. Remanding him in prison custody will make his business to crumble."

In his ruling, presiding Judge Sunday J. Adeniyi granted the defendant bail with a sum of one million naira, with sureties and a deposit of a sum of four million naira.

He then adjourned the case to July 28th for a hearing.

Source

 

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

James Kolo     Hassanat Bello     George Innih     Onilorin     Abdulmajeed Wahab     Nigerian Correctional Service     KFA     Ojuekun Sarumi     Bankole Omishore     AbdulGaniyu Kareem     Jawondo     Zainab Abass     Ayo Salami     Hijaab     Shururat Olatinwo     Saliu Mustapha     Bankole Omisore     Femi Agbaje     Ganmo Electricity Sub-Station     Omu Aran     AbdulRazaq Abubakar Jiddah     ASUU     Wasiu Onidugbe     Risikat Lawal     Bank Of Industry     Ilorin Central Mosque     Esinniobiwa Quareeb     Harrison Osauwagboe     Olupako     Bolakale Ayo     Emir Of Kano     Centre For Digital Economy     Jalala     Muhammed Taofeeq Abdulrazaq     Suleiman Alege Kuranga     Makama     Lawal Jimoh     Erin-ile     Chief Imam Of Ilorin     Ileloke     Ilorin Like-Minds     Olusin Of Ijara Isin     Iyabo Adisa Ibiyeye     NAWOJ     NFAI     Sa\'adatu Modibbo-Kawu     Computer Based Test     Elerin Of Adanla Irese     James Ayeni     KWASAA     Raji AbdulRasaq     Sabi     Hamidat Sulyman-Yusuf     Umar Danladi Shero     Joseph Offorjama     Facebook     Isiaka Abdulrazak     Shao     Siraj Oyewale     Ebola     Abdullateef Abdussalam     Oke-Ogun     Lawal Olohungbebe     Abdullahi Samari     Ayeyemi Sulaiman     Ojo Fadumila     Oja-Oba     School Of Nursing     A.O. Belgore     Senate Presidency     Zulkifli Ibraheem     Shagari     Bilikisu Oniyangi     Federal Neuro-Psychiatric Hospital     Ridwan Agboola     Ganiyu Taofiq     Isin    

Cloud Tag: What's trending

Click on a word/phrase to read more about it.

Harmony Holdings     Government Girls’ Day Secondary School Pakata     Olushola Saraki     Omu Aran     Bamidele Aluko     Igosun     Haliru Yahaya     C2c@kwarastate.gov.ng     Shuaib Boni Aliyu     Alapado     Balogun Fulani     Oyedun Juliana Funke     Waziri Yakubu Gobir     MATTA Girls Foundation     Kolawole Akande     Volunteers Of Ilorin Community And The Emirate     Oyeyemi Olasumbo Florence     Saka Aleshinloye     Ilorin Curfew     Inside Kwara     Muhammad Ghali Alaaya     Wole Oke     Afonja     Prince Sunday Fagbemi     N-Power     Abdulmalik Bashir Mopelola Risikatullahi     Bashiru Makama     Ohoro Of Shao     Isapa     Shonga     Idris Garba     Dagbalodo     Gafaru Olayiwola Olorisade     Lateef Fagbemi     Offorjama     SSA Youth     Abubakar Abdullahi Bata     Jumoke Gafar     Soffiyyallah Kamaldeen     Lucky Omoluwa     Fatima Abolore Jimoh     Ahmed \'Lateef     Vasolar Consultoria     Moremi High School     Jaiz Bank     Abdullateef Abdussalam     Abdulganiyu Salahudeen     Abdulrasaq Alaro     Haleeman Salman     Abdulfatai Baakini     Magaji Nda     Mopelola Abdulmaliq-Bashir     JAMB     Saka Saadu     Muslim Cementary     Emir Of Kano     Idofin     Khadijat Ayoola Yusuf     Amusement Park     Razaq Atunwa     TVC Female National Debate     Bahago     Mohammed Jimoh Faworaja     Fatimat Saliu     Ajase-Ipo     Gurei     Kabir Shagaya     Sabi     Elections     Ilorin Muslim Community     Olomu Of Omu-Aran     Katibi Ibraheem Adeola     Arik     Patigi Regatta     Rice Farmers Association Of Nigeria     Talaka Parapo     Adamu B. Yaqubu