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.

Ibrahim Mashood     Galadiman Ngeri     Kwara University Of Education     Government Girls’ Day Secondary School Pakata     Siddiq Adebayo Idowu Salawu     Iyabo Adewuyi     Tsaragi/Share     Funke Adedoyin     Olusin Of Ijara Isin     Nurudeen Mohammed     TESCOM     Vishvas KOZ Tractors     Basic Education Certificate Examination     Kwara-SAPZ Project     Elerin Of Erin-Ile     Goodluck Jonathan     AGILE Programme     Ibrahim Abdulqadir Abikan     Abdulganiyu Oladosu     Ishola Moses Abiodun     Wahab Isa     Gbenga Awoyale     Saduki Lafiagi     TVC Female National Debate     Bukola Saraki     Logun     Joseph Offorjama     Ilorin Amusement Park     Grillo     Eghe Igbinehi     Tunji Oyawoye     Durosinlohun Kawu     Makama     Saheed Alakoso     Volunteers Of Ilorin Community And The Emirate     Lola Olabayo     Al-Hikmah Radio     Saadu Gbogbo Iwe     Oniwa     Agboola Abdulraheem     Ahmed \'Lateef     Sardauna     Mohammed Yahaya Barki     Bilikisu Gambari     Yashikira     Kudirat Arinola Lawal     TESCOM 2025     Adolescent Girls Initiative For Learning And Empowerment     Galadima     Sidikat Alaya     Senior Staff Union Of Colleges Of Education     Abdul Jimoh Mohammed     Kwara State Internal Revenue Service     Olatunde Oyeyiola     Ayedun     Presidential Election     Trader Moni     Abubakar Usman Jos     Kwara Apc     Hijab     Rotimi Atere     Oyeyemi Olasumbo Florence     Lai Mohammed     Ramadhan     Abdulkadir Bolakale Sakariyah     Nupe     Yusuf Babatunde Abdulwahab     Sulyman Buhari     Shettima     New Model Police Station     Paul Olawoore     Salihu Alhaji Musa     Zara Umar     Suleiman Mora Omar     Centre For Peace And Strategic Studies     Na\'Allah     Yusuf Lawal    

Cloud Tag: What's trending

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

Moses Rahman Popoola     Idris Garuba     Centre For Peace And Strategic Studies     Saka Abimbola Isau     Ladi Hassan     Zara Umar     Saadu Alanamu     Ministry Of Women Affairs And Social Development     Balogin Alanamu     Hijab     Yusuf AbdulRasheed     Moji Makanjuola     Women For Change And Development Initiative     Kwara State Coalition Of Business And Professional Associations     Sa\'adu Salau     Abubakar Aliagan     Bolakale Saka     Sadiq Umar     Aliyu Sabi     Hameed Oladipupo Ali     Kolawole Akande     David Oyerinola Adedunmoye     Olaiya Victor Mobolaji     Monsurat Omotosho     Arinola Lawal     Toyin Olayinka Tejidini     FOMWAN     Tunji Arosanyin     3MTT     Olupako     Mike Omotosho     Demola Banu     Bayo Lawal     Elelu     Isin     Okiki     Quarry Royal Valley     Oba Sulaiman Asude     Saba Mamman Daniel     Alimi Abdulrazaq     CT Ayeni     Tsaragi     Sheikh Ariyibi     Pakata Development Association     Ajibola Ademola Julius     Communication Network Support Services     KWAFFA     Abubakar Suleiman     Garment Factory     Olabanji Orilonishe     Sun Qing Rong     Mohammed Haruna     Mansurat Amuda-Kannike     Isaac Aderemi Kolawole     Kwara Pdp     Lotus Bank     MAI Akande     IsDB     Al-Hikmah University     VADA     Jawondo     Olusegun Adeniyi     Mutawali Of Ilorin     Okin High School     Sanitation Exercise     Olokoba Sulyman     Omoniyi     Tunji Oyawoye     Rotimi Atere     Razaq Ayobami Akanbi     Alfa Modibbo Belgore     Abdulmajeed Wahab     Shehu Alimi Foundation For Peace And Development     Kwara North     Lukman Adeloyin     Abdulfatai Ahmed     Olota Of Odo-Owa