Former PMAN President In Court Over 22million Naira Fraud
Even Bolaji Rosiji’s spiritual stick could not give him any kind of protection from the law.
The former president of Performing Musicians Association of Nigeria, PMAN, and follower of Krishna appeared before the Ebute Metta magistrate court for alleged fraud.
The former monk was accused of defrauding a financial institution of N22 million, and faces trial on an eight-count charge bordering on stealing, obtaining money under false pretenses, issuing of a dud cheque, obstruction of justice and threat to life.
He pleaded not guilty to the charges.
Kehinde Omisakin, the police prosecutor, told the court that the offenses were committed sometime in May 2017, June 30, and June 29 at Modupe Johnson Crescent, off Adeniran Ogunsanya Street, Surulere.
She said Rosiji collected a 22 million Naira loan form Cystal Finance Ltd, which he claimed was to facilitate the launching of new pharmaceutical products.
He also claimed that part of the money will be used in the organization of the 2017 Nigeria/India Cultural Festival.
“When it was time to pay back the loan, the accused issued a dud cheque and also threatened and obstructed policemen who went to execute a warrant for his arrest. He had also threatened that the policemen would die if they touch his spiritual stick. The accused also tore the Lagos state government bio-metric data issued to him” she said.
A.O. Komolafe, the chief magistrate, granted the accused bail in the sum of N5 million with two responsible sureties in like sum and adjourned the case till September 6.