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.

Bolakale Ayo     Nigeria Foundation For Artificial Intelligence     Aliyu Olatunji Ajanaku     Tunde Akanbi     SARS     Gobir     Offa Descendants Union     Balogun Fulani     Bamidele Aluko     Binta Sulyman     KWSIEC     Modibbo Kawu     Islamiya Abdulraheem     Hassan Oyeleke     PAACO-PCL Consortium     Saidu Yaro Musa     Grillo     Okeose Christian Cementary     Habeeb Abdullahi Al-Ilory     Eghe Igbinehin     Abdulkareem Alabi     Ilesha-Gwanara     Sa\'adu Salahu     Samuel Adaramola     Mohammed Saidu     Saba Mamman Daniel     John Obuh     Kwabes     Omu-aran     Jaiz Bank     Ramadhan     Admiralty Villa     Charles Ibitoye     Okin Malt     Suleiman Mora Omar     Ajeigbe     Yoruba     Okasanmi Ajayi     Garuba Alikinla Shittu     Revenue Court     Ibrahim Abdulkadir Abikan     Fatimat Saliu     John Dara     Bolakale Saka     Abatemi Usman     M.Y. Abdulrahaman     Tafida Of Kaiama     Read With Me     SDP     Yusuf Abdulwahab     Oke-Odo     Galadiman Ngeri     Federal Road Maintenance Agency     Ilorin Durbar     Kwara State Health Insurance Agency     Ayoade Akinnibosun     Oba David Oyerinola Adedunmoye     Abdulganiy Abimbola Abdussalam     Hassan Taiye Salam     Olusegun Adeniyi     Oro Grammar School     Makama     AGM Professional Services     Kolade Solagberu     Ganmo Power Sub-Station     Sulyman Age AbdulKareem     Abdulmumini Sanni Jawondo     Moses Adekanye     Saliu Ajibola Ajia     Ahmed \'Lateef     Clement Yomi Adeboye     Kwara Polytechnic     Adama Isa     Oasis Muslim Care Foundation     Olatunde Olukoya     CACOVID Palliatives     Valsolar-Kwara Company Limited    

Cloud Tag: What's trending

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

Yunus Lawal     Nigerian Supreme Council For Islamic Affairs     Basit Olatunji     Mohammed Ghali Alaaya     Lanre Badmas     Freshvine Nigeria Limited     Mohammed Khadijat Kubura     Abioye Bello     Ishola Abdullahi     Sabitiyu Grillo     Just Event Online     Aminu Ado Bayero     Dar-Al-Handasah Consultants     Gamji Members Association     Chief Imam Of Omu-Aran     Al-Adaby     Suleiman Yahya Alapansapa     Amusement Park     Abdulkadir Jimoh     Abubakar Imam     Simeon Sayomi     Oja-Oba     Femi Gbajabiamila     National Broadcasting Commission     Women Radio     Sulu Babaita Isiaka     Earlyon Technologies     Kwara State Sports Commission     Admiralty Villa     Maryam Ado Bayero     David Oyedepo     Abdulrazaq Akorede     Ibrahim Orire     Abdulwasiu Bolaji Adeyi     Abdulmutalib Shittu     Ibrahim Issa Jetti     Ijakadi     Olusegun Adeniyi     Umar Gunu     Valsolar-Kwara Company Limited     Sheikh Hamzat Yusuf Ariyibi     Ramat Oganija     Alliance For Democracy     UNIFEMGA     Alapado     Iyabo Adisa Ibiyeye     Senior Staff Union Of Colleges Of Education     Bisi Oyeleke     Baruba     Mustapha AbdulGaniyu     Ilorin International Airport     Balikis Jawondo     Bello Oyedepo     Abdullahi Atanda     Iyabo Dupe Adekeye     Saka Aleshinloye     National Party Of Nigeria     Samari     Suleiman Mora Omar     Afonja     Lawal Jimoh     Kwara State Fire Service     Galadima     Mujtabah Bature     Solomon Edoja     Baboko Primary School     Abegunde Goke     Saadu Yusuf     Students Union Government     Ahmad Lawan     Kwara State Infrastructure Development Fund     Lai Gobir     Yakubu Gobir     AbdulRaheem Ahmad Shayi     Timothy Akangbe     Shoprite     Ubandoma Of Ilorin