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.

GANZY     Yoonus Kola Olatinwo     Kwara Politics     Iyaloja-General     Barakat Community Secondary School     Mohammed Lawal Bagega     State Bureau Of Internal Revenue     Azeez Bello     Alaaya     Unilorin     Communication Network Support Services     Code Of Conduct     Law School Scholarship     Mohammed Abdulahi     Medview Airlines     20 Billion Bond     AGF Abdulrazaq     Ophthalmological Society Of Nigeria     Yekeen Alabi     Bukola Ajikobi     Third Estate     Emir Of Kano     Sarah Jubril     Ajibike Katibi     Association Of Kwara State Online Media Practitioners     Oyedepo     Amule     Twitter     Abdulrasheed Akogun     Sobi Hill     Apado     Ojuekun     Sambo Murtala     Mahe Abdulkadir     Abdulkadri Ahmad Alaiye     Bashiru Makama     Millennium Development Goals     Ayodele Olaosebikan     Maigidasanma     Ilorin Innovation Hub     Olupako     Sa\'adu Salahu     Durosinlohun Kawu     Ahmad Ali     Kwara State Health Insurance Agency     Sunday Fagbemi     Olabimpe Olani     A.G.F Abdulrasaq     Henry Olaosebikan     IEDPU     Turaki     Kazeem Oladepo     Yakub Ali-Agan     Isapa     Federal Polytechnic Offa     Kwara 2023     Code Of Conduct Tribunal     Chief Imam Of Ilorin     Jimba Babatunde     Modibbo Kawu     Abdulsalam A. Yusuf     Segun Ogunsola     Iqra Books     Sheikh Alimi     Makama     Bayer AG     Olupako Of Share     Jumoke Gafar     Omar Gambari     Yaru     Egbejila     Towoju     Idris Amosa Saidu     Abdullahi Biffo     Ile Arugbo     Ronke Adeyemi     Kwara NIPR    

Cloud Tag: What's trending

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

Elerinjare     Muhammad Mustapha Suleiman     Isiaka Rafiu Mope     Nigeria Governors\' Forum     Wahab Abayawo     A.E. Afolabi     CT Ayeni     Lawan     Ibrahim Abduquadri Abikan     Chief Imam Of Omu-Aran     Senate President     Abioye Bello     Okiki     Temi Kolawole     Jare Olatundun     Abdulmumini Jawondo     Idofin     Mazars Consulting     Isa Aremu     Gbugbu     Bello John Olanrewaju     Isiaka Danmeromu     Elelu     Opolo Global Innovation Limited     Emmanuel Olatunji Adesoye     Buari Edun     Bamidele Adegoke Oladimeji     Agboola Abdulraheem     Jebba     Okin Biscuit     COVID-19 Palliatives     Adeleke Ogungbe     Taofik Mustapha     Kuliyan Geri     Dorcas Afeniforo     Ishola Balogun Fulani     Yunus Lawal     Oko     Ophthalmological Society Of Nigeria     Isaac Gbenle     School Of Nursing     Academic Staff Union Of Universities     IDPU     Gabriel Fashanu     Ita-Ore     Isiaka Alikinla     Bashiru Makama     Lanre Olosunde     Nigeria Foundation For Artificial Intelligence     Taofik Abiodun Ahmed     Ilorin South Constituency     Kwarareports.com     Abdulrazaq Sanni     Police Commissioner     Shuaibu Yaman     Mohammed Katsina Ahmed     Ilorin Talaka Parapo (ITP)     Olaosebikan     Seni Saraki     Bankole Omisore     Abdulmalik Bashir Mopelola Risikatullahi     Sayomi     Garba Dogo     Oba Of Jebba     Kwara     Abdulmumin Yinka Ajia     GANZY     Deji Ajani     Tunde Oyawoye     Yahaya Abdulkareem     Public Holiday     Yomi Adeboye     Kwara Metro Park     Agor Market     Umaru Saro     Sheu Ndanusa Usman     Sherif Sagaya