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Man, 30, docked for alleged N4.5m fraud



The police on Friday arraigned one Chukwudi Nbam at an Ikeja Magistrates’ Court for allegedly conspiring with others to defraud one Aloysius Ozatta of N4.5 million.

The Nbam, 30, who lives at Ikorodu, near Lagos, is standing trial on a three-count charge of conspiracy, fraud and stealing, to which he pleaded not guilty.

The Prosecutor, ASP. Peter Nwangwu, told the court that the defendant committed the offences on Nov. 10, 2017 at 2:30p.m. at Ikorodu.

Nwangwu said that the defendant conspired with others still at large to defraud the complainant.

He said that Nbam obtained N4.5 million on the pretence of helping the complaint to purchase Nigeria Defence Academy (NDA) form and to process admission into the school, a representation he knew to be false.

Nwangwu said that the defendant failed to buy the form and converted the money to his personal use.

“All efforts made to refund the money proved abortive hence the report to the police,” he said.

According to the prosecutor, the offences contravene Sections 287, 314 and 411 of the Criminal Law of Lagos State, 2015.

The News Agency of Nigeria reports that Section 287 provides a three-year jail term for offenders.

The Chief Magistrate, Mrs Yewande Aje-Afunwa, granted Nbam bail in the sum of N400, 000 with two sureties in like sum.

Aje-Afunwa said that the sureties must be gainfully employed and that the sureties should show evidence of tax payment to the Lagos State Government.

She adjourned the case until Aug. 8 for mention.

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