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.

Tayo Alao     Shagari     Amasa     Gbenga Adebayo     Tsado Manman     Oju Ekun Sarumi     Toun Okewale-Sonaiya     Gwanara     Igosun     Oke-Ogun     Adijat Adebiyi     Radio SBS     Olatunde Michaels     Oko Erin     Busari Alabi Alausa     Oyelere Oyinloye     Kale Bayero     Busari Toyin Isiaka     Oba David Oyerinola Adedunmoye     Kwara 2015     Oni Adebayo     Rafiu Ibrahim     Oke-Odo     HYPPADEC     Yomi Ogunsola     Ahmad Uthman     Cassava Growers\' Association     Akorede     Eghe Igbinehin     Wahab Femi Agbaje     Abdulkadir Akanbi-Oke     Shoprite     Aminu Adisa Logun     Peter Amogbonjaye     Nigeria Customs Service     Abdulwahab Olarewaju Issa     Rueben Parejo     Simeon Ajibola     Abdulmumini Sanni Jawondo     Joseph Daudu     Ifelodun     Kola Shittu     Pakata     Olusin Of Ijara Isin     Yemi Osinbajo     Dairo Kunle Paul     AbdulFatai Adeniyi Dan-Kazeem     Doyin Awoyale     Hydro-electric Power Producing Areas Development Commission     Idofin     Edu     Dorcas Afeniforo     Grillo     Kwara State Pension Board     Femi Ogunsola     PAACO-PCL Consortium     Adewuyi Funmilayo     Katibi Ibraheem Adeola     Kwara-SAPZ Project     Ekweremadu     Jawondo     Monthly Sanitation     REO CAKES     Sheikh Ariyibi     Adesoye     Sola Saraki Educational Foundation     Saad Omo Iya     Elelu     Ogidi-Oloje     Maigida     Ademola Kiyesola     Danladi     Sheriff Shagaya     Yakubu Dogara     Clara Nwachukwu     Maigida Soludero Transit     Yusuf A. Usman    

Cloud Tag: What's trending

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

Alimi     Kwara Apc     Principal Private Secretary     Egbejila     Kwara NIPR     Obayomi Azeez     Albert Ogunsola     KWASAA     FOMWAN     Ibrahim Jawondo     Sambo Murtala     Bola Ahmed Tinubu     Durosinlohun Kawu     UNILORIN Alumni Association     Roseline Oni Aremu     Garba Idris Ajia     Olajumoke Monsura Gafar     Matthew Babaoye     Bola Iyabo Ibiyeye Adisa     Vasolar Consortium     Ilorin Airport     Emmanuel Olatunji Adesoye     Abdulkadir Remi Hawawu     Al-Hikmah Radio     Mohammed Abdulahi     TIC     Manzuma     Government House     John Obuh     Kamoru Kadiri     UTME     Sulu Babaita Isiaka     Akanji     Saka Saadu     Yomi Adeboye     Fulani     Gobir Organization Foundation     Afeyin-Olukuta     Okeose Christian Cementary     IYA ALFA NLA     Omoniyi M. Ayinla     Adamu Ibrahim Sabi     Olomu     Adamu Attah     Summit University     Col. Adedipe     Kola Adesina     Abdulrazaq Adebayo     Moses Rahman Popoola     Hameed Oladipupo Ali     NAWOJ     Logun     Jide Oyinloye     Femi Oladiji     Abdulahi Abubakar Bata     Lafiagi     Kwara State Polytechnic     Igbaja     Olateju Lukman     Basic Education Certificate Examination     Katibi Ibraheem Adeola     Saad Omo\'ya     Kwara State Infrastructure Development Fund     Seun Bolaji     Sarkin Malamai     Plat Technologies Limited     Olusegun Adeniyi     NULGE     Aliyu Alhassan     Umar Danladi Shero     Ibraheem Abdullateef     Afolayan     Marafan Shonga     Quareeb     Valsolar Consultoria     Plat Technologies     Oasis Muslim Care Foundation