HomeCrimeBusinesswoman faces N2m fraud charge

Businesswoman faces N2m fraud charge

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A 41-year-old businesswoman, Bosede Olanipekun, who allegedly obtained two million Naira under false presences, on Wednesday appeared before an Ejigbo Magistrates’ Court, Lagos State.

The defendant, whose residential address was not provided, is standing trial on a two-count charge of obtaining under false pretences and unlawful conversion.

The prosecutor, ASP Benedict Aigbokhan, told the court that the defendant committed the offences sometime in June, in Idimu, Lagos.

According to him, the defendant fraudulently obtained the sum from her friend, Mrs Franca Davids in the guise of doing business with the money and returning immediately after.

He said that the defendant did not pay back the money to Davids but converted it to her personal use.

Aigbokhan said that the offences contravened Sections 287 and 314 of the Criminal Law of Lagos, 2015.

The defendant, however, denied committing the offences.

The Magistrate, Miss K. A. Ariyo, granted the defendant bail in the sum of N600,000 with two sureties in like sum.

She ordered that the sureties should be gainfully employed and that one must be a blood relation of the defendant.

The magistrate also ordered that the sureties must show evidence of tax payment to Lagos State Government.

She adjourned the case until Sept. 26 for mention.

NAN

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