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.

Femi Gbajabiamila     Computer Based Test     Joana Nnazua Kolo     Aro Yahaya     The Herald     Idofin     Gabriel Fashanu     Muslimah Entrepreneurship Forum     March 28     Kwara NIPR     Kwara United     Kazeem Oladepo     Olaoye B. Felix     CACOVID     Abubakar Abdullahi Bata     PAACO-PCL Consortium     AbdulQowiy Olododo     Saduki Lafiagi     Ishaq Abdulkarim     Apaokagi     General Tunde Idiagbon International Airport Ilorin     Hamza Usman     Edret Sabi Abel     Kwara State Government     Dairo Kunle Paul     Kwara Basketball Association     Abioye Bello     Ndama Al-hassan     Oloyede     Bello Oyedepo     Kunle Akogun     NNPP     David Oyedepo     Academic Staff Union Of Universities     Olota Of Odo-Owa     Aremu Bose Deborah     Ladi Hassan     Salihu Jibril Garbi     Budo Egba     Wahab Olasupo Egbewole     Danladi     Oyun     Nigerian Correctional Service     Funmilayo Oniwa     NIPOGA     Sabitiyu Grillo     Idris Amosa Saidu     Veterinary Teaching Hospital     Idris Garuba     Hikmah AbdulKareem     Ayodele Shittu     Gani Saadu     Akeem Olatunji     Lanre Jimoh     Monkey Pox     Alfa Modibbo Belgore     Obuh     Neo Mundo Ltd     Mubarak Oladosu     Busari Alabi Alausa     Nigerian Medical Association     Towoju     Hijab     Mansurat Amuda-Kannike     Folajimi Aleshinloye     Ayotunde Emmanuel Alao     Ilorin East     Omotoso     Baba Isale     Elese Of Igbaja     Lanre Olosunde     Suleiman Idris     Oladipo Akanmu Tolani     Muhammed Aliyu     Simon Sayomi     Noah Yusuf     Ebola    

Cloud Tag: What's trending

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

Emir Of Yashikira     Valsolar Consortium     Abdulrahman Iliasu     Kpotum Mohammed Baba     Lanre Jimoh     Halimah Perogi     Haliru Yahaya     Esinniobiwa Quareeb     Adekunle David Dunmade     Moshood Bakare     Soffiyyallah Kamaldeen     Www.Kwarareports.com     Shuaibu Yaman Abdullahi     Elelu     Amoyo     Chief Imam Of Lafiagi     Funmilayo Oniwa     Ministry Of Women Affairs And Social Development     Dauda Adesola     Ali Ahmad     MalHub     Pius Abioje     Seun Bolaji     Ilorin Descendants Progressive Union     Ophthalmological Society Of Nigeria     Kubra Kazum     Agor Market     Muideen Olaniyi Alalade     Muhammed Mahe Abdulkadir     George Funsho Adebayo     Basic Education Certificate Examination     Abubakar Aliagan     Salami Adekunle     Christian Association Of Nigeria     Local Government Pension Board     Babajide Ajayi     School Of Nursing     Timothy Akangbe     IYA ALFA NLA     Tunde Kazeem     Ibikunle Ogunleye     Bankole Omisore     Chief Of Staff     Makama Of Kaiama     Kulende-UITH     Abdul-Rasheed Na\'Allah     Olupako     Rapheal Ashaolu     Popo-Igbonna     Wahab Kunle Shittu     Haleeman Salman     Olokoba Abdullahi Ayinla     Olatomiwa Williams     Zulkifli Ibraheem     Royal FM     Durosinlohun Kawu     Yusuf Aiyedun     Abubakar Lah     Cassava Growers\' Association     Saliu Ajia     Hamidat Sulyman-Yusuf     KWATMA     Read With Me     Monthly Sanitation Exercise     Alaaya     Bello John Olanrewaju     Okala Baba     Al-Hikmah University     Razak Atunwa     Islamic Development Bank     Mustapha Olanipekun     Mahfouz Adedimeji     NULGE     CT Ayeni     Iyeru Grammar School     James Ayeni     Sabo-Oke