ADVERTISEMENT

Businessman in court over alleged $100,000 fraud against partner

Mameh said that the accused obtained the sum from Mr Lanre Ogunleye on the pretext of investing it in a business for Ogunleye.

Court gavel

Adekuoroye, whose address was not given, is standing trial on a two-count charge of fraud and stealing.

The prosecutor, Sgt. Friday Mameh, told the court that the accused committed the offences in 2016 in Lagos.

Mameh said that the accused obtained the sum from Mr Lanre Ogunleye on the pretext of investing it in a business for Ogunleye.

ADVERTISEMENT

He said that the accused converted the money for his own use.

The prosecutor said that the offences contravened Sections 285 (9) and 312 (1) of the Criminal Law of Lagos State, 2011.

Adekuoroye, however, pleaded innocence, and was granted bail by Magistrate O. O. Oshin in the sum of N500, 000 with one surety in like sum.

Oshin ordered that the surety must be gainfully employed and show evidence of tax payment.

She adjourned the case until May 31 for mention.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.
ADVERTISEMENT

Eyewitness? Submit your stories now via social or:

Email: eyewitness@pulse.ng

Recommended articles

Meet the Sapeurs, Congolese who wear expensive outfits though they live in poor communities

Meet the Sapeurs, Congolese who wear expensive outfits though they live in poor communities

Top 10 African cities with the highest purchasing power

Top 10 African cities with the highest purchasing power

Nigeria’s currency hits a new record low on the official market

Nigeria’s currency hits a new record low on the official market

Aliko Dangote announces refinery license to process 300,000 barrels of Nigerian crude daily

Aliko Dangote announces refinery license to process 300,000 barrels of Nigerian crude daily

Top 10 African countries leading in attracting and retaining talents

Top 10 African countries leading in attracting and retaining talents

Top 10 African cities with the most expensive real estate

Top 10 African cities with the most expensive real estate

10 African countries with the lowest GDP projection for 2023 as the year rounds off

10 African countries with the lowest GDP projection for 2023 as the year rounds off

10 African countries with the highest balance of cash inflow and outflow

10 African countries with the highest balance of cash inflow and outflow

List of African cities with the highest quality of life

List of African cities with the highest quality of life

ADVERTISEMENT
ADVERTISEMENT