61-year old importer docked for N6m fraud

arrested man with handcuff
Illustrative picture. PHOTO CREDIT: Newslocker


A 61-year-old importer, Gbenga Taiwo Micheal, was on Friday arraigned before an Apapa Magistrate’s Court for allegedly defrauding a company of N6 million in Lagos.

Micheal is facing a three-count charge of conspiracy, false pretence and stealing.

The prosecutor, Inspector Marvellous Obongha, told the court that the defendant committed the offences on June 28, 2019 at about 10am at Shop B038 Niger 4 BBA, Trade Fair Complex, Lagos.

“The defendant conspired with others at large with intent to defraud, obtained the sum of N6 million from one Embrances Light Energy Investment Ltd under the pretence to supply 12 tins of adhesive cleaner which he knew to be false,” Obongha said.

The prosecutor also said that the defendant stole the sum of N3 million through Access Bank Account Number 001121808 and the sum of N3 million cash. Total value of N6 million property of one Embrances Light Ebergy Investment Ltd.

According to him, the offences are punishable under sections 411, 314 (1)(a), 287 (5)(a) of the Criminal Law of Lagos State of Nigeria 2015.

The defendant pleaded not guilty to the charges against him.

Magistrate K.A Ariyo granted him N1 million bail with two sureties in like sum.

The sureties are required to furnish the court with proof of tax payment to Lagos State Government.

She adjourned the case till October 10, 2019 for mention.