A 42-year-old woman is currently facing a one-count charge of cheating.
Amadu, 42, businesswoman of Nyanya, Abuja, was arraigned on a one-count-charge of cheating.
Prosecutor George Ayana said that one Ebere Uzendu of Optimal Asset and Loan Micro Finance Bank, located at Women Development Centre, Abuja, reported the matter at the Wuse Police Station on Jan. 13.
He said that the defendant was given a loan of N400,000 from the said micro finance bank, with an agreement to pay N130,000 monthly into the account of the company.
The prosecutor said that the defendant defaulted and when she was confronted, she issued the company a dud cheque.
Ayana said that the offence contravened Section 322 of the Penal Code.
The defendant, however, pleaded not guilty to the charge leveled against her.
Senior Magistrate Mohammed Tahir, granted the defendant bail in the sum of N100,000 and a surety in like sum and adjourned the case till Feb. 7, for hearing.