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.

Babajide Ajayi     Kwara Consultative Forum     Theophilus Oyebiyi     Ilorin West/Asa Federal Constituency     Olaiya Victor Mobolaji     Issa Manzuma     Onilu     Ibrahim Abdullahi     Kwarareports     Yunus Oniboki     Haleeman Salman     Yoruba     Osinbajo     Sarafadeen Kayode Akorede     Alaiye     Olabimpe Olani     Titus Suberu-Ajibola     Christopher Tunji Ayeni     Omar Bolaji Gambari     Principal Private Secretary     Shehu Alimi Foundation For Peace And Development     Binta Abubakar-Mora     Funmilayo Oniwa     Gbemi Saraki     Bayo Onimago     LEAH Charity Foundation     Ayedun     Tunde Saad     JUSUN     Leke Ogungbe     Oba Mogaji Abdulkadir     Elerinjare     Abdulhakeem Amao     Bolaji Aladie     Arinola Lawal     HYPPADEC     Abdulmutalib Shittu     Monsurat Omotosho     Edret Sabi Abel     School Of Nursing     Medview Airlines     United Nigeria Congress Party     Air Peace     Senior Ibrahim Suleiman     Nupe     Ilesha-Baruba-Gwanara     TIIDELab     PharmAccess Foundation     Ayobola Ipinlaiye     Seed Technologies     Abdulmumin Yinka Ajia     Magaji Nda     Aliyu Olatunji Ajanaku     Abdulrasaq Alaro     Alloy Chukwuemeka     Mutawalle     MATTA Girls Foundation     Mohammed Ibrahim     Abdulrazaq Akorede     National Association Of Nigerian Students     Alaaya     Ibrahim Issa Jetti     Fatai Adeniyi Garba     GANZY     Moses Salami     Sabi     Halimah Perogi     Dele Belgore     Government High School Adeta     Transition Implementation Committee     Afonja Descendants Union     Popo-Igbonna     Mohammed Abduraheem     Ola Falade     Garba Idris Ajia     Ahmed Idris Mohammed     Temi Kolawole    

Cloud Tag: What's trending

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

Ajikobi     Musa Ayinla Yeketi     Kamoru Kadiri     Markaz Arabic And Islamic Training Institute, Agege     Dogara     Osi     Kisra     Sola Saraki University     Ahmad Olayiwola Kamaldeen     CBT     John Olajide Adedipe     Mashood Abdulrafiu Agboola     Patigi Regatta     Sherif Shagaya     Onilu     Ganmo Power Sub-Station     Elerin Of Adanla     Labaeka     Wahab Olasupo Egbewole     Balogun-Ojomu     Shaykh Luqman Jimoh     Shururat Olatinwo     Ishaq Oloyede     Mary Kemi Adeosun     Kwara State Television (KWTV)     Radio SBS     Oasis Muslim Care Foundation     Olukotun Of Ikotun     Ashiru     Sulu Gambari     Dan Iya Of Ilorin     Congress For National Consensus     Aishatu Ahmed Gobir     Sayomi     Olota Of Odo-Owa     National Union Of Road Transport Workers     Baba Adini Of Kwara State     IQRA College     Funmilayo Braithwaite     Sheikh Ridhwanullah El-ilory     Freshvine Nigeria Limited     Ibrahim Labaika     Balogun Gambari     Olaitan Buraimoh     Yahaya Seriki     Razaq Atunwa     Local Government Pension Board     Kale Kawu     Abdulraheem Olesin     PPS     Kwara State Geographic Information Service     ITEM 7     Abioye Bello     Special Agro-Industrial Hub     Kassim Babamale     Abubakar Baba     Students Union Government     Segun Olawoyin     National Party Of Nigeria     Okiki     ER-KANG Mining Nigeria Company Limited     Nigerian Supreme Council For Islamic Affairs     Tayo Alao     Idi-Ape     Abdulraufu Mustapha     Kayode Issa     Abdulfatai Ahmed     Mazars Consulting     Erin-ile     Olokoba     Fatimah Abdulkadir     Abdul-Rahoof Bello     Aasiyat Bello Oyedepo     Metro Park     Javed Khan     Kaiama     Michael Nzwekwe