Judge Absence Stalls Businessman, Olusoji Olaniran, Arraignment Before Lagos Court

The arraignment of a Businessman, Olusoji Olaniran and his company Oyster Global Links Ltd before Justice Sherifat Solebo of an Ikeja Special Offences Court over alleged N166million fraud has suffer set back again.

His arraignment was stalled due to pressing official assignment handed down to the Judge by the state judiciary.

The news was communicated to litigants and counsels by the court registrar who were presence for their matters before the court.

The court, however, adjourned the matter to July 8 for possible arraignment of the suspect and hearing of his bail application as the court told the prosecution to make the suspect available on the day.

Olaniran was brought to court on a count charge bordering on allegations of fraud and forgery by the Special Fraud Unit of the Nigeria Police on September 10, 2019.

According to his particular of offence,
Olusoji Olaniran and his company, Oyster Global Links Ltd, between 2016 and 2017, in Lagos, Ogun, Kwara, Osun, Ekiti, Oyo, Ondo and other places in Nigeria, within the jurisdiction of this honourable court, stole, by fraudulently converting to their own use and benefit, the sum of one hundred and sixty six million naira (N166Million), property of First Capital Trust Leasing Ltd and Seed Capital Ltd.

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The fund which money was the proceeds of sale of household equipment to Police Officers in Nigeria, arising from a business agreement entered into in Lagos between the defendant and First Capital Trust Leasing Ltd.

The charge further stressed that the business was wholly financed by the said First Capital Trust Leasing Ltd and Seed Capital Ltd, its subsidiary.

Olaniran who has not appear for trial in the last five adjourned dates that the matter has suffer set back was in court today with his lawyers.

Meanwhile, other litigants whose matters suffer similar set back expressed displeasure over the development noting that the court ought to have informed them as they requested for a new date.

The registrar told the court that Justice Sholebo will not be sitting today and tomorrow.

Wahab Akinlade

Akinlade I. WAHAB is a dedicated journalist and the proprietor of I-WAHAB Media. He embarked on his career at Murhi International TV (MiTV) and subsequently joined Radio Nigeria as a Judicial Correspondent.With a profound interest in legal reporting, he currently holds the positions of Chairman at the National Association of Judicial Correspondents (NAJUC), Ikeja Branch, and Chairman at the Nigeria Union of Journalists (NUJ), Radio Nigeria Chapel.As the owner of I-WAHAB Media, he has successfully established Top Court News, a platform renowned for providing comprehensive coverage of court cases and legal developments, with the aim of promoting transparency within the judicial system.Akinlade's diligent work and unwavering commitment to ethical reporting have earned him immense respect within the Nigerian journalism community.

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