Cattle Dealer Faces N2m Fraud Charge In Lagos
A 50-year-old cattle dealer, Ahmed Abubakar, on Monday appeared before a Badagry Chief Magistrate’s Court in Lagos State for alleged N2 million fraud.
Abubakar, whose address was not provided, is facing a charge of obtaining under false pretence.
The Prosecutor, Akpan Ikem, told the court that the accused committed the offence on April 5, 2017 at Ibereko area in Badagry, Lagos State.
Ikem said the accused collected N2million from the complainant, Haruna Akapo, with a promise that he would supply 25 cows.
“The accused collected the money from the complainant that he would supply the complaint with 25 cows within a certain period of time.
“The accused converted the money into his personal use and did not supply the cows to the complainant. He disappeared and was later arrested by the police,” he said.
The accused, however, pleaded not guilty to the charge and the Chief Magistrate, Jimoh Adefioye granted him bail in the sum of N500,000 with two sureties in like sum.
Adefioye added that the sureties must provide evidence of tax payments to the Lagos State Government. He then adjourned the case until March 12, for mention.
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