61-year-old man in court over alleged N2.65 million fraud
The police on Thursday arraigned a 61-year-old man, Odutola Olajide, in Badagry Chief Magistrates’ Court, Lagos, over alleged N2.65 million fraud.
The defendant, whose address is unknown, is being charged with fraud and stealing.
He, however, pleaded not guilty to the charges.
The prosecutor, ASP Edet Ekpo, told the court that the defendant committed the crimes sometime in May 2025, at Harmony Estate, Mowo, Badagry, Lagos.
He alleged that the defendant obtained the sum of N2 million from the complainant, Olatobosun Rasheed, under the pretence of selling a plot of land to him.
Mr Ekpo alleged that the defendant converted the money to his own use without the knowledge of the complainant.
“The defendant also obtained the sum of N650, 000 from the complainant under the pretence of buying a ram for him, which he did not. He also converted the sum to his own use without the knowledge of the complainant. The offences contravened Sections 314 and 287 of the Criminal Laws of Lagos, 2015,” the prosecutor said.
The Chief Magistrate, Nurudeen Layeni, granted the defendant bail in the sum of N1 million with two sureties in like sum.
He said that one of the sureties must be a company director.
Mr Layeni adjourned the case until June 3, for mention. (NAN)
We have recently deactivated our website's comment provider in favour of other channels of distribution and commentary. We encourage you to join the conversation on our stories via our Facebook, Twitter and other social media pages.
More from Peoples Gazette
Agriculture
FG tasks ECOWAS on leveraging financing strategies for agroecology
The federal government has urged stakeholders in the agriculture and finance sectors in the West Africa region to leverage financing strategies to enhance agroecology practices
Politics
Katsina youths pledge to deliver over 2 million votes to Atiku
“Katsina State is Atiku’s political base because it is his second home.”
States
ADC reaffirms confidence in Adamawa governorship candidate
Adamawa ADC passed d a vote of confidence in its governorship candidate, Omar Suleiman, ahead of 2027.
Heading 1
2027: Opposition not in disarray, we’re on top of our game, ex-presidential candidate Onovo says
Mr Onovo said the opposition was ahead of the ruling party despite the crisis over their candidacies on various political platforms.
NationWide
Troops rescue seven kidnap victims, kill two kidnappers
The troops also recovered arms, ammunition and other items in coordinated operations across Borno, Yobe, Benue and Plateau states.
Economy
Fuel price uncertainty forced marketers to halt supply temporarily: IPMAN
The Independent Petroleum Marketers Association of Nigeria (IPMAN) says uncertainty over petrol prices has forced many marketers to halt fresh purchases, leading to the temporary closure of some filling
Economy
Tinubu committed to investment in renewable energy, says presidential aides
He said Mr Tinubu is committed to investments in renewable energy development, human capital empowerment, clean energy innovation, and Nigeria’s Energy Transition Plan.
Agriculture
Flooding may raise vegetable prices, Lagos farmers warn
“If we sold vegetables at lower prices before, they will now become more expensive because farmers must recover their losses,” she said.
