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.

David Adesina     Aishatu Ahmed Gobir     Taofeek Ibraheem     Revenue Court     Saliu Oluwole     Iyiola Oyedepo     Rafiu Olasile     First Lady     Amoyo     Magaji Erubu     AbdulHamid Adi     Lateef Alagbonsi     EndSARS     Trade Lenda SME Fair     Yahya Mohammed     Communication Network Support Services     Mary Kemi Adeosun     Transition Implementation Committee     Ohoro Of Shao     Kamaldeen Gambari     Issa Oloruntogun     Bello Taoheed Abubakar     AbdulGaniyu Kareem     Sarafadeen Kayode Akorede     Surajudeen Akanbi     Bureau Of Lands     Abdullateef Abdussalam     Jide Ashonibare     Kola Ologbondiyan     Issa Manzuma     Abdulrahman Abdulrasak     FOMWAN     Ibrahim Oniye     Amina El-Imam     Ajidagba     Tunde Mukaila Mustapha     Laboratory-to-Product     Oyelere Oyinloye     Edret Sabi Abel     Facemasks     Hakeem Lawal     Basic Education Certificate Examination     Hassan Oyeleke     Shuaib Olarongbe     Bola Ahmed Tinubu     NURTW     Ojo Isekuse     Jumoke Monsura Gafar     Sheikh Ridhwanullah     Mamman Saba Jibril     VADA     Yinka Aluko     Oke-Ode     Sai Kayi     Ope Saraki     Modibo Kawu     Tuesday Assayomo     Amule     Kwara Muslim Pilgrims Welfare Board     Quareeb Islamic Association     Gaa Olobi     Kwara Consultative Forum     Ayotunde Emmanuel Alao     Maimunat Oloriegbe     Lateef Fagbemi     Abdulbaqi Jimoh     Ilorin Durbar     Kazeem Gbolagade     Abdulsalam Firdaous Amosa     Ilorin International Airport     Ishaq Salman     Labaeka     Bayo Mohammed Onimode     Kwara State Internal Revenue Service     Ita-Nmo Market     Isaac Aderemi Kolawole     New Model Police Station    

Cloud Tag: What's trending

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

Kwara State Polytechnic     Law School Scholarship     Bankole Omisore     Bashiru Makama     Sarah Jubril     IYA ALFA NLA     Kayode Oyin Zubair     Halimah Perogi     College Of Health     Sheikh Ridhwanullah El-ilory     Shoprite     Yusuf Aiyedun     Busari Toyin Isiaka     Mohammed Lawal Bagega     Owo Isowo     Saheed Alakoso     Adolescent Girls Initiative For Learning And Empowerment     Yusuf Amuda Abubakar     Jalala     Yinka Aluko     Ajase-Ipo     Michael Nzwekwe     Chemiroy Nigeria Limited     Amuda Bembe     Abdulkadir Jimoh     Mutawali     Timothy Akangbe     Okoolowo     11th Galadima     Alao Ayotunde     Salihu Ajia     Simeon Sule Ajibola     Abdulkadir Akanbi-Oke     Saba Jibril     Kabir Shagaya     Owode Market     Ahmad Uthman     Elerinjare-Ibobo     Abdullahi Imam Abdullahi     Ayobami Seriki     Yekeen Alabi     Akume     Gbugbu International Market     Kwara 2015     CCB     UNILORIN Alumni     Emir Of Yashikira     Issa Manzuma     Plat Technologies     Doyin Group     James Kolo     MAI Akande     Edu     Overland     Muhammad Toyin Sanusi     Ella Supreme Tissue Paper     Dasuki Belgore     Shonga     David Oyepinola Adedumoye     Hamza Usman     General Tunde Idiagbon International Airport     Bisi Oyeleke     Isiaka Yusuf     Hassan A. Saliu     Neuropsychiatric Hospital     Mazars Consulting     Hamidat Sulyman-Yusuf     Tunji Ajanaku     Lawyers Unite Against Corruption     Peter Amogbonjaye     Ilorin West     Kale Ayo     Muhammad Akande Olarewaju Odunade     Ibrahim Labaika     Quarry Royal Valley     C2c@kwarastate.gov.ng     Abatemi-Usman