The Special Fraud Unit of the Nigeria Police has arraigned a United Arab Emirates based Nigerian marketer, Jamiu Adewale, before a Lagos Federal High Court, over allegations of N5.2 million fraud.
The police alleged that the defendant defrauded a Charter Accountant, Albert Olaniyi Folorunsho, the said sum between January and March 2021.
Addressing the court, Police Counsel, Henry Obiaze told Justice Akintoye Aluko that the defendant and his accomplice, Thelma Clement Etimita, (now at large) had between the said months fraudulently obtained the mentioned sum in the four tranches of N520,000; N2million; N1million and N1.5million.
The defendant and his accomplice were also alleged to have threatening the fraud Victim through a text message of exposing him to the public if he refused and failed to pay them N10million.
The offences according to Mr. Obiaze, are contrary to and punishable under sections 8(a); 1(1)(3)of the Advance Fee Fraud and other Fraud Related Offences Act, 2006. And 24(2) (a) (c) (i) of the Cybercrimes (Prohibition Prevention, etc.) Act, 2015.
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Arraigning the defendant, the prosecutor, Mr. Henry Obiaze, told the court that there is a six count charge information against the defendant urging court to take his plea.
The defendant denied the allegations and pleaded not guilty to the charges.
Following his plea of not guilty, the prosecutor, Mr. Obiaze, asked the court for a trial date, while also urged the court to remand him in the facility of nigerians Correctional Services (NCoS) till the perfection of the bail terms.
But defendant’s counsel, Mr. Taofeek Adeleke, urged the court to admit bail to his client in liberal terms. Adding that the defendant’s father-in-law is a retired Grade Level 17 officer, who is read to take him on bail.
Ruling on the bail application, Justice Aluko admitted bail to the defendant in th sum of N10m, with one surety.
The judge said the surety could be a landed property owner within the court jurisdiction, or Grade Level 16 officer in either federal or Lagos State government establishment.
He also ordered the defendant to surrender his international passport with the court Registrar.
The judge while ordered that the defendant be remanded in correctional Services till the perfection of bail terms, adjourned till October 21, for trial.