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.

Ojo Fadumila     Dan Iya Of Ilorin     Ogbondoroko     Ibrahim Kayode Adeyemi     Principal Private Secretary     Abdulquawiy Olododo     Baba Adini Of Kwara State     Abdulraufu Mustapha     Maryam A. Garuba     Harrison Osauwagboe     AbdulKareem Yusuf Danhawa     Kpotum Mohammed Baba     Col. Taiwo     Nurudeen Muhammed     Nigeria Governors\' Forum     Islamic Development Bank     School Of Nursing     Bolakale Ayo     Abdulfatai Baakini     Fatai Olodo     Oke-Ode     Al-Hikmah Radio     Logun     Abdulganiyu Salahudeen     Saheed Akinwumi     Tunde Oyawoye     Bola Sagaya     PPS     Garba Dogo     Abdulganiyu Oladosu     Ebun-Olu Adegboruwa     Iyiola Oyedepo     Micheal Imodu-Ganmo Road     New Naira Notes     Tafida Of Kaiama     Akorede     Lateef Ademola Olatunji     HICA     Buari Edun     Adamu B. Yaqubu     Abiodun Jacob Ajiboye     Yahaya A Paniyaro     Aiyedun     Oni Adebayo     Federal Neuro-Psychiatric Hospital     Kamaldeen Gambari     Government High School (GHS), Adeta     Alanamu     Mohammed Ibrahim     IHS     Bello Abubakar     Halimat Yusuf     Borgu     Ilorin Durbar     Rueben Parejo     Gambari     Ajia-Bako     Musa Abdullahi     Oke-Ero     Sarkin Malamai     Hakeem Idris     KWACOBPA     Coalition Of Kwara North Groups     Abdulmumini Jawondo     Kwara NIPR     Madawaki Of Ilorin     Taofeek Sanusi     Usman Yunusa     Kwara State Television (KWTV)     Arinola Lawal     Sheikh Ridhwanullah     Taofeek Ibraheem     Offorjama     Oya State     Olaiya Victor Mobolaji     Aremu Bose Deborah     Omoniyi Ayinla    

Cloud Tag: What's trending

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

Oke-Odo     Share-Tsaragi     Abdullahi AbdulMajeed     Shuaib Abdulkadir     Balikis Jawondo     Muslim Cementary     Rotimi Oyedepo     Olosi Of Osi     Mujtabah Bature     Rice Farmers Association Of Nigeria     Abdullahi Biffo     Col. Taiwo     Oluwatoyin Lukman     Kwara State Sports Commission     Bola Shagaya     Asa     Kwara State Government     Salman Alada     Yahaya A Paniyaro     Abubakar Bature Sulu-Gambari     Ibraheem Abdullateef     Okin Biscuit     George Funsho Adebayo     Aishat Mohammed Lawal     Esuwoye     Col. Adedipe     Laolu Saraki     Yusuf AbdulRasheed     Al-Adaby     Students Union Government     Pakata     Undergraduate Bursary     Ajeigbe     Olusegun Adeniyi     SWAN     Ophthalmological Society Of Nigeria     Olayinka Olaogun     Ahmed Mohammed Rifun     Abdulsalam A. Yusuf     Bureau Of Lands     Joseph Daudu     Garment Factory     Obuh     COEASU     ER-KANG     Wahab Issa     KWASSIP     UITH     NIRSAL     Economic And Financial Crimes Commission     Muhammed Akanbi     Oko     Olupako     Tsaragi-Share     Abdulrosheed Okiki     Ifelodun     Joseph Yemi Ajayi     Isiaka AbdulRazaq     Dagbalodo     Aliyu Muyideen     Transition Implementation Committee     Mope Dasuki Belgore     Lateef Alagbonsi     CELF     Oladipo Akanmu Tolani     Shuaib Jawondo     KWASIEC     Adegoke Bamidele     Baboko     Eleyele     Alaaya     Offa Metropolitan Club     Saliu Oluwole     Mike Omotosho     Awoye     Kayode Zubair     Kupchi Hosea Maxwell