The fraud trial of a former employee of Punch Nigeria Ltd, Olusegun Ogunbanjo, could not proceed on Tuesday before an Ikeja High Court, following absence of his counsel.

Ogunbanjo, is standing trial before Justice Ismail Ijelu, on an eight-count charge bordering on conspiracy, obtaining by false pretences, stealing and forgery.

He is being tried alongside: Olawunmi Ogunbanjo, Vaneloo International Ltd, Valeco Global Ventures, and Bagco Garba.

Also charged are: Taofeek Ogunbanjo, Ifeanyi Odogwu, Bound Media Ltd, and Godwin Benson (all at large).

The defendants were arraigned on June 21, 2024 and each pleaded not guilty to the charge,

On Tuesday, the Director of Public Prosecution (DPP), Dr Babajide Martins, told the court that he had two witnesses in court for continuation of trial.

He, however, informed the court that the defence counsel was absent.

The defence counsel was also absence at a last adjourned date of February 11

When the court asked the defendant of his counsel’s whereabouts, he replied that his lawyer promised to be in court when he contacted him on Sunday.

The court then informed the defendant that he would personally defend himself at the next adjourned date, if his counsel failed to appear.

Ijelu adjourned the case until April 3, for continuation of trial.

Recall that a witness, Olusegun Durodola, on January 21 testified how the defendant allegedly swindled his old school students association of millions of naira.

He had testified that this was done, under a false pretence of embarking on a stationery investment.

According to the charge, the defendant and others now at large, committed the offences between January 2017 and December 2022 in Ikorodu, Lagos.

The prosecution alleged that they fraudulently obtained the sum of N417 million from one Durodola Balogun.

They were alleged to have obtained monies from different individuals, under the pretence of purchasing stationery and supplies for financing Local Purchase Order from Punch Nigeria Ltd.

The defendant was also accused of stealing and converting to his personal use, thousands of dollars, owned by one lkuyajesin.

The offences contravenes the provisions of sections 285, 287, 314, 365 and 411 (2) of the Criminal Law of Lagos State (2015)

(NAN)