Businessman Charged For Defrauding BDC Operators Of N93.6M

* Pix source: The Nigerian Voice


An Aba-based businessman, Kalu Ogbogu Dike, was today arraigned before a Federal High Court, Lagos, for defrauding two Bureau De Change Operators, to the tune of $297, 000 about N93.6million .

The 42- year- old businessman, was arraigned by the Policemen from the Office of the Assistant Inspector-General of Police, Zone 2, Onikan, Lagos, on three counts criminal  charge of conspiracy, obtaining under false pretence and stealing, before Justice Ayotunde Faji .

The Prosecutor, Mr. Justin Enang, a Deputy Superintendent of Police (DSP), told the court that the accused and others at large, committed the offences on July 27, 2017, at about 5.20 p.m., at Airport Road, Lagos.

DSP Enang told the court that the accused collected the said sum from the duo of Alhaji Danladi Ibrahim and Alhaji Ismaila Isa, under the pretence that he will pay them the naira equivalent sum of N93, 600, 000 million.

He told the court that upon receiving the money from the BDC operators, the accused reneged in his promise and refused to pay the BDC operators as promised.

He said the offences committed by the businessman are contrary to sections section 16, 390(9) of the criminal code Cap. C38, laws of the Federation of Nigeria, 2004  and section 1(1)(b) of the Advance Fee Fraud and Other Related Offences, and punishable under section 1(3) of the same Act.

The accused however pleaded not guilty to the charges.

Following his not guilty plea, the prosecutor asked the court for a trial date, while also urged court to remand accused in prisons custody, though, he said he was not opposing the accused bail application.

In view of the prosecutor’s application, lawyer to the accused person, Mr. Victor C., pleaded with the court to admit his client on bail in the most liberal terms.

Victor told the court that his client has been charged before an Igboosere Magistrate Court on the same matter and between same parties, adding that he has been granted bail, which he had met.

He therefore urged the court to consider his application.

However, the Presiding Judge, Justice Ayotunde Faji, while ruling on the accused bail application, admitted him to bail in the sum of N20 million with two sureties in the same sum.

The judge also ordered that each of the sureties must show evidence of three years tax payment and sworn to affidavit of means and that they must  show to court the title documents of their landed property.

All these he said must be verified by the court’s Assistant Chief Registrar.

The matter has been adjourned till November, 28, for trial.

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