Skip to main content

Police Arraign Nigerian, Indian-Canadian Over Alleged N100m Fraud

 

A Nigerian, Olakunle Bello Shola, and an Indian-Canadian, Santosh Singh, were on Monday arraigned before a Federal High Court, Lagos, over an alleged N100m fraud.

The two men were arraigned before Justice Oluremi Oguntoyinbo by the Police Special Fraud Unit, Ikoyi, Lagos.

Prosecutor, Sylvester Azuibuike, told the court that the defendants and one Vivek Bansal now at large, fraudulently obtained the sum of N100.075m from a bank through their company, Continental Logistics Limited, under the pretence of using the money to procure 240 metric tonnes of Sesame seed and 44.9 metric tonnes of cashew nuts, which were to be stored at a warehouse in Kano State.

Azuibuike further told the court that defendants had falsely told the bank that it will be a tripartite agreement between their company, Thramaseed Inpex Limited and the bank.

The offence, according to the prosecutor, is contrary to Section 1 (2) of the Advanced Fee Fraud and Other Related Offences Act 2006 and punishable under Section 1 (3) of the same Act.

The defendants pleaded not guilty to the charge.

Following the defendants' plea, the prosecutor asked the court for a trial date while also urging the court to remand the defendants in prison custody till the determination of the charge against them.

However, the defence team led by Olalekan Ojo (SAN), told the court that they had filed bail applications for the two men and same had been served on the prosecution.

They therefore urged the court to take their application and admit their clients to bail in the most liberal terms.

Justice Oguntoyinbo reserved ruling on the bail applications till November 4, while fixing December 11 for the commencement of defendants' trial.

The judge ordered that the defendants be remanded in the custody of Nigerian Correctional Services.

 

CRIME Legal Police News AddThis :  Original Author :  SaharaReporters, New York Disable advertisements : 

from All Content
via

Comments

Post a Comment

Popular posts from this blog

The beautiful model Christina Evangeline: age, ethnicity, net worth, husband, baby

The art of modelling is more than merely putting on designer clothes and hitting the runway. It requires a lot of effort, self-care, determination, and an energetic spirit. Christina Evangeline, who is very attractive and beautiful, is a model who dedicated all her energy into this esteemed career. Fame and plenty of public attention came with her job, and she continues to show young women that success does not come overnight. It requires hard work and passion! Image: instagram.com, @yoevangeline Source: Instagram Who is Christina Evangeline ? According to the Christina Evangeline biography, she is a model who is best known for being Kenan Thompson’s wife. Christina was born on the 24th of March 1989 in the United States of America. Currently, Christina Evangeline age is 30 years. Her nationality is American, and she identifies herself as a Christian. Christina Evangeline ethnicity is White, and her Zodiac sign is Aries. Christina Evangeline race is Caucasian. Details of her paren...
Post a Comment
Read more

Former Maritime Agency Boss, Buba Galadima, Accuses AMCON Of Witch-hunt After Property Takeover

  A former Director-General of the Nigeria Maritime Agency, Buba Galadima, has accused the Asset Management Corporation of Nigeria of witch-hunt after the agency took possession of his business and assets on Tuesday in Abuja. Galadima, an ardent critic of President Muhammadu Buhari, claimed that he did not borrow money or have unpaid debt with Unity Bank, which lodged a complaint against him and occasioned AMCON’s move on Tuesday. The properties taken over include House No. 15, Addis Ababa Crescent, Wuse Zone 4, Federal Capital Territory, Abuja and House No. 4, Bangui Street, Wuse 2, also in Abuja.  Reacting to the situation, Galadima said, “This is an attempt to disgrace and break me down. This is injustice and an attempt to humiliate me. "But I am unbreakable and they can never silence me. They sacked me and over 50 people that sleep in the apartment. "We don’t know where to go. We will remain on the streets. We will remain on the streets until God provi...
Post a Comment
Read more

Learn how to clean washing machine in a surprisingly easy way

All machines can break down one day, and your washing machine is no exception. Knowing how to clean washing machine timely and effectively will help you reduce or even avoid additional expenses on servicing. Right now, you will be surprised to discover how easy it is! You do not even need any additional devices to do this except the ones that you already have in your house! Image: pexels.com Source: UGC A washing machine is an essential device in a modern home, but it has its own temper and demands! It reacts to the softness of water and quality of detergents that you use. In separate cases, the frequency and intensiveness of washing cycles can play their part. Now, it is time to discover several simple and cheap methods of cleaning of the essential parts of your little helper, to remove unpleasant odours, mould, and scale. The most important tips: how to clean washing machine How often is it necessary to do this cleaning? What do you think? Specialists insist on once in ...
Post a Comment
Read more