Nigerian businessman dupes Chinese companies of N49.6m
A Nigerian businessman who duped Chinese companies of N49.6m has been arraigned before a Lagos Magistrates’ Court for stealing. The
businessman, Vincent Igwe, allegedly obtained the sum of N49,600,000
from the management of Chinese companies, LIAO MEIMEI and ZONK KAI under
false pretence.
The accused was arrested by operatives of the
Police Special Fraud Unit, Milverton Road, Ikoyi, Lagos and charged
before an Igbosere Magistrates’ Court, Lagos on a two-count charge of
felony, to wit, obtaining money under false pretence and stealing.
Police
prosecutor, Inspector Adoga Amedu informed the court in charge No
A/38/2016 that the accused committed the alleged offence in 2016 at
Surulere, Lagos. Amedu told the Court that the accused collected
N49.6m from the management of LIAO MEIMEI and ZONK KAI situated at 20,
Olukile Street, Surulere, Lagos under the pretence of supplying them
wooden logs, but he converted the money to his personal use and escaped.
He said the accused was trailed and arrested at a hideout following a petition by the complainant.
Amedu said the offences committed are punishable under sections 312(a)(b)(3) and 285 of the Ccriminal Laws of Lagos State, 2011. Igwe
pleaded not guilty to the alleged crime in the open court, and Chief
Magistrate A.O Sholadoye admitted him on bail in the sum of N1m with two
sureties in like sum.
Sholadoye adjourned the case till 3 July,
2016 for mention, while the defendant was moved to Ikoyi Prison, Lagos
pending the fulfillment of his bail conditions.
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