Businessman docked over alleged N1.2m fraud
He said that Madu had on Feb. 21, conspired with two others now at large to obtain money from Konduga.
Man sentenced to 2 years imprisonment for stealing mobile phone.
Madu, a businessman at Gwarimpa in Abuja is standing trial on a two-count charge of criminal breach of trust and cheating.
Earlier, the Prosecutor, Mr Gambo Haruna, said that one Lawal Konduga of Wuse Zone 6 had reported the matter at the Wuse Police Station on May 22.
The prosecutor said the defendant collected N1.2 million from the complainant, promising that he would facilitate the release of the complainant’s two cars impounded by the Nigeria Customs Service.
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Haruna said the accused had since been avoiding the complainant, while the impounded cars were still not released.
According to him, the offences contravene Sections 312 and 322 of the Penal Code.
The defendant, however, pleaded not guilty to the charges.
The Magistrate, Mr Teribo Jim, granted Madu bail in the sum of N500, 000 with a surety in like sum.
He ordered that the surety must be resident within the jurisdiction of the court and adjourned the matter until July13 for hearing.
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