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Police arraign man, 46, over alleged N2.3m fraud

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The Lagos Police Command on Friday arraigned a 46-year-old man, Ibrahim Yakubu, for allegedly defrauding one Mr Stephen Akano of N2.3 million.

Yakubu, whose address was not provided, is facing a two-count charge of fraud and stealing before a Badagry Magistrates’ Court, Lagos.

He, however, pleaded not guilty to the charge.

The Prosecutor, ASP. Clement Okuiomose, told the court that the defendant committed the offences on July 19, 2020 at Badagry, Lagos.

Okuiomose said the defendant collected N2.3 million from Akano to help him purchase a Toyota Camry 2011 model car, but failed to do so.

He said the defendant converted the N2.3 million to his personal use.

Okuiomose said the offences contravened Sections 314 and 287 of the Criminal Law of Lagos, 2015.

It was reported that Section 287 stipulates three years’ jail term for stealing.

The accused, however, pleaded not guilty to the charge.

The Chief Magistrate, Fadahunsi Adefioye, granted the defendant bail in the sum of N500,000 with two sureties in like sum.

Adefioye said the sureties must reside within the court’s jurisdiction with evidence of tax payments to the Lagos State Government.

The chief magistrate adjourned the case until Aug. 19 for mention.

Raji Rasak

NEWSVERGE, published by The Verge Communications is an online community of international news portal and social advocates dedicated to bringing you commentaries, features, news reports from a Nigerian-African perspective.A unique organization, founded in the spirit of Article 19 of the Universal Declaration of Human Rights, comprising of ordinary people with an overriding commitment to seeking the truth and publishing it without fear or favour.The Verge Communications is fully registered with the Corporate Affairs Commission of the Federal Republic of Nigeria as a corporate organization.

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