Trader, 42, Remanded In Prison Over N2m Fraud
An Ilorin Magistrate's Court on Wednesday remanded in prison a 45-year-old trader, Uchenna Okafor of Ibrahim Taiwo road Ilorin over alleged N2 million fraud.
The accused was dragged to court on a four-count charge of criminal conspiracy, breach of trust, intimidation and cheating.
The police prosecutor, Insp. Nasiru Yusuf, told the court that the case was filed following a complaint to the Commissioner of Police, by one Kolawole Samuel, General Manager of Bodis Financial consult Ilorin against Uchemna Okafor.
Yusuf said that sometimes in July 2014, the accused applied for and was granted a loan of two million naira by the company which he was to repay in 2015, but failed to do so. He said that the accused subsequently absconded and all effort to get him proved abortive.
The prosecutor told the court that the accused had also threatened to kill the complainant when they spoke on phone.
"Investigation conducted at X-Squad Unit, revealed that Uchenna Okafor collected the said amount from Bodis Financial Consult and he refused to pay the loan with interest that has accumulated to N7 000 000.00," Yusuf said. He said the offence is contrary to sections 312, 397 and 322 of the Penal Code Law.
Yusuf urged the court to adjourn the case for further mention as investigation was ongoing. Magistrate Mohammed Ibrahim ordered the accused to be remanded at Federal Prison, Oke-Kura Ilorin and adjourned the case till March 21, for mention.
Cloud Tag: What's trending
Click on a word/phrase to read more about it.
Bluenile Associates Chartered Institute Of Personnel Management Of Nigeria Amasa Joseph Offorjama Fareedah Dankaka Ladi Hassan Amusa Bello Abdulkadir Bolakale Sakariyah Baba Issa School Of Nursing David Adesina National Union Of Road Transport Workers Students Union Government ER-KANG Mining Nigeria Company Limited Abdulmumin Yinka Ajia JSSCE Taibat Ayinke Ahmed Baboko Primary School Chief Of Staff Isa Aremu Lola Ashiru Aliyu Salihu Aliyu Sabi Ajasse-Ipo Isaac Aderemi Kolawole Musbau A. Akanji Mohammed Lawal Isau Dauda Adesola Ibrahim Mohammed Muhammed Aliyu Kulende Gambari Monthly Sanitation Kwara Hotel IHS Otoge Shao Unilorin FM Sa\'adu Gambari Yusuf Abdulwahab Sulyman Age AbdulKareem Salary Dele Belgore Sobi Ita-Nmo Market Oloyede Ishaq Oloyede Abdulrahman Abdulrazak Omoniyi Ayinla Medinat Folorunsho Salman Toun Okewale-Sonaiya Zulu Gambari Rotimi Oyedepo AIT Ilorin NIPOGA Maryam Ado Bayero Oladipo Akanmu Tolani Ramat Oganija Haliru Yahaya Aso Ofi Ayegbeni Alabi Lawal Saka Abimbola Isau Kwara State Branch Of The National Library Maimunat Oloriegbe Salake Erin-ile Jamiu Oyawoye Ridhwanullah Al-Ilory Salami Adekunle V.O. Abioye Temitope Ogunbanke Laolu Saraki Paul Olawoore Olabode Towoju Towoju

