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.

Reuben Paraje     Abubakar Olusola Saraki     Yusuf Abdulwahab     Ilorin West/Asa Federal Constituency     Raji Ayodele Kamaldeen     Elekoyangan     Code Of Conduct     Makama Of Ilorin     Bello Bature     Pius Abioje     Moremi High School     Kwara TV     Yakubu Gobir     Apaokagi     Folorunsho Alao     EFCC     Amada Jidda     Joshua Adeyemi Adimula     Razak Atunwa     Local Government     NYSC     Muideen Olaniyi Alalade     Abatemi-Usman     Akom Construction And Engineering Synergy Ltd     Kwara United     Abdullahi Adisa Akodudu     Kola Adesina     Jamiu Oyawoye     Sa\'adu Salau     Kishira     Lafiagi     Isau     Opolo Global Innovation Limited     Isaac Gbenle     Bashir Omolaja Bolarinwa     Musbau A. Akanji     Yusuf Ali     Funmilayo Mohammed     Tsaragi-Share     Pakata Patriots     General Tunde Idiagbon International Airport Ilorin     Gobir     Babata     JAMB     2023 Elections     Raheem Adaramaja     New Nigeria People’s Party     Abdulrahman Iliasu     Ijakadi     GANZY     Offa Descendants Union     Ayinke Saka     Wole Oke     Awodun     Segun Adeniyi     Benin Republic     Rachael Obisesan     Musa Alhassan Buge     Gbadeyan Gbadura Yomi     Jimoh Lambe Abdulkareem     JUSUN     Oloje     Mufti Of Ilorin     Labour Party     Kassim Babamale     Waziri Yakubu Gobir     Salau Kabiru Abdullahi     Ibrahim Taiwo Road     Noah Yusuf     Funke Adedoyin     Wahab Kunle Shittu     Roheemat Hammed     Hassan Abdulazeez Elewu     Sheikh Ridhwanullah     Awili Pedro     Suleiman Abubakar     AbdulGafar Tosho    

Cloud Tag: What's trending

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

Ahmed Dankaya     Sun Qing Rong     Ahmad Fatima Bisola     Yaman     Bolakale Kawu     Emir Of Yashikira     Rebecca Olanrewaju     TIC     Micheal Imoudu     Abdulhakeem Adelaja Amao     Paul Odama     Ahmad Lawan     Ministry Of Women Affairs And Social Development     Abdulsalam Firdaous Amosa     Kwara Teaching Service Commission     Sidikat Uthman Ajibola     Niyi Ogundiran     Oyeyemi Olasumbo Florence     Ilorin     Joseph Daudu     Is\'haq Modibbo Kawu     General Hospital, Offa     Kayode Oyin-Zubair     Clara Nwachukwu     Adam Abdullahi Al-Ilory     2023 Elections     Olatunji Ayeni     Mohammed Halidu     Aliyu Umar     Buari Edun     Moses Salami     Emmanuel Olatunji Adesoye     Saheed Akinwumi     Albert Ogunsola     Bukola Saraki     Rotimi Oyedepo     Agbarigidoma     Durosinlohun Kawu     Umar Adelodun     Village Alive Development Association     Zainab Abass     Monthly Sanitation Exercise     Abdulrazaq Sanni     Ndakene     ASMAU PLAZA     Adesina Simon Sodiya     Government Girls’ Day Secondary School Pakata     Ilofa     Kwara-SAPZ Project     Amina Susa\'a De Ahmed     Tunji Oyawoye     SSA Youth     Kawu     Wahab Femi Agbaje     Yusuf Olaolu Ali     Aliyu Adebayo     Alao Ayotunde     Egbewole     Goodluck Jonathan     Alimi Abdulrazaq     Isapa     Abdullahi G. Mohammad     Aisha Gobir     Shehu Adaramaja     Bankole Omisore     Harrison Osauwagboe     Kehinde Baale     Olatunde Jare     Ilota     Wole Oke     Standard Organization Of Nigeria     Nigeria Computer Society     Tunde Oyawoye     Yusuf Aiyedun     Ibrahim Taiwo     Trader Moni     Isiaka Abdulrazak