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Olu of Agboyi Kingdom in Alleged Messy of N29.3 Million Fraud

Monarch is to be Arraigned June 24 with Six Others

A Lagos monarch, the Olu of Agboyi Kingdom Monsuru Abimbola Oladega, along with six others, is set to be arraigned on allegations of fraud amounting to N29.3 million.

Others to be arraigned alongside the monarch are Abdulfatai Akinwale Bankole; Abubakar Seriki, Razak Alayaki Seriki; Mrs Jemilatu Busari; Amoda Ibrahim and Adams Adebiyi, who were listed as first, third, fourth, fifth, sixth and seventh defendants in a four count-charge marked FHC/L/80c/2024, filed against them by the Police Special Fraud Unit (PSFU), Ikoyi, Lagos.

The arraignment was initially scheduled for today, but due to the absence of the defendants, their lawyer informed the court that the first defendant, Abdulfatai Akinwale Bankole, who is the only one that could receive the charge, told him that the second defendant, Monsuru Abimbola Oladega, is currently abroad for medical treatment, and the rest of the defendants are not residing within the community.

The court has granted an adjournment, and the arraignment has been rescheduled for June 24.

Also Read: Alleged Malicious Damage: Ojokoro Monarch Knows Bail Fate on June 6

The charges against the defendants allege that between 2014 and 2022, they conspired to fraudulently obtain the sum of N29.3 million, a 1998 model Infinity QS4 Jeep, one 1998 model Nissan Pathfinder Jeep, and one Toyota Camry car from one Joseph Kolawole Fagbamila, Olaniyi Kolawole Owoyomi, and the Amicable Friends Estate.

Counts one and four of the charges against all the defendants read that they committed a felony by obtaining the stated sums and vehicles, which formed proceeds of an unlawful act of obtaining by false pretence from the victims.

The police were unable to reach the defendants for the service of the charge, and the judge had to order that the charge be served on their lawyer, Abayomi Fagbayi.

The judge, Justice Akintayo Aluko, granted the motion Exparte and ordered that the charge be served to the defendants through their legal representative.

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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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