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A 29-year-old businessman, Cyril Madubuchi, was on Monday brought before an Ikeja Magistrates’ Court for allegedly paying for his transport fare with a counterfeit N1000 note.
The Prosecutor, Insp. Goerge Nwosu, told the court that Madubuchi committed the offence on June 12 at Akilo, Ogba, Lagos.
He said that the accused and one other person still at large cheated one Augustine Reuben, by giving him a fake Naira note.
“The accused boarded the complainant’s tricycle; when he got to his bus-stop, he disembarked and presented N1000 for the settlement of the fare for himself and his friend, and collected N900 balance.
“The complainant discovered after they had left, that the money was counterfeit,” he said.
Nwosu said that nemesis, however, caught up with them when they unknowingly boarded the complainant’s tricycle in the evening.
“The accused and his friend again boarded the complainant’s tricycle; the complainant recognised them and raised alarm.
“When they tried to escape, people around chased and apprehended Madubuchi, while his friend escaped,” narrated Nwosu.
Madubuchi, who resides at Pen-Cinema, Agege, Lagos, however, pleaded not guilty to the offence.
The offence contravened Section 323 of the Criminal Law of Lagos State, 2015 which attract seven years jail term for the offender.
The Magistrate, Mrs O.I Raji, granted bail to the accused in the sum of N30, 000.
She directed that the accused must also produce two sureties as part of the bail condition, noting that the sureties must be gainfully employed.
She said that the sureties must show evidence of two years tax payment to the Lagos State Government.
The case has been adjourned till June 28, for mention.