Man, 39, Docked For Allegedly Stealing N18.3m Under False Pretence

Posted on May 9, 2025

KINGSLEY EBERE 

A 39-year old man, Paul Iregiegbe, has been arrested and charged in Lagos State for allegedly stealing over N18.3m belonging to Ekwugwa Chinedu Titus under false pretence. 

 

P.M.EXPRESS reports that the incident happened between July, 2022 and January, 2025 at 62 Ojukutu Street, Aboru, Lagos.

 

According to the Police, the suspect and others now at large conspired and stole the money within those years before the owner later discovered that they had been stealing his money.

 

The matter was reported to the Police at Oke Odo Division. The suspect was arrested and detained at the station for interrogation over his alleged conduct.

 

After interrogation, the Police found him culpable and consequently charged him before the Ogba Magistrate Court for the alleged offence which attracts several years of imprisonment.

 

The charges read:

COUNT I: “That you, Paul Iregiegbe ‘M’ and others now at large between July. 2024 and January 2025 at No 62 Ojukutu Street, Aboru, Lagos in the Ikeja Magisterial District, did conspire among yourselves to commit felony to wit: stealing and thereby committed an offence contrary to Section 411 and punishable under Section 411 of the Criminal Law of Lagos State of Nigeria 2015.”

 

COUNT II: “That you, Paul Iregiegbe ‘M’ and others now at large on the same date and place in the aforementioned Magisterial District, did unlawfully convert to your personal use total sum of N18,397,700:00 (Eighteen Million, Three Hundred and Ninety Seven Thousand, Seven Hundred Naira Only) property of one Ekwugwa Chinedu Titus ‘M’ and thereby committed an offence contrary to Section 280 (1) (a) (b) and punishable under Section 287 (5) (a) (7) of the Criminal Law of Lagos State of Nigeria 2015.”

 

However, he pleaded not guilty.

 

The prosecutor, Inspector Lucky Ihiehie, asked the Court to give a date for hearing since he pleaded not guilty to enable the Police to prove that he actually committed the alleged offence.

 

The Presiding Magistrate, Mrs. M.O.Tanimola, granted him bail in the sum of N500,000 with two sureties in like sum, who must show evidence of means of livelihood and tax payment while addresses will be verified by the Court.

 

The matter was adjourned for mention while the defendant was remanded in custody at the correctional center at Kirikiri town, Lagos, pending when he will perfect his bail conditions.

Leave a Reply

Your email address will not be published. Required fields are marked *

Latest News

The Supreme Court on Friday set aside the decision of the Court of Appeal... Continue
FUNSHO AROGUNDADE In a defining moment for Africa’s luxury fragrance industry, Seinde Signature, Nigeria’s... Continue
The Proprietress and Founder of the privately-owned, high-profile, multi-specialist medical center, Deborah Multi-Specialist Hospital... Continue
BY ADEMOLA OSHODI Armed groups operating across Nigeria’s northern and western corridors have adapted... Continue
Zenith Bank Plc has announced the completion of its acquisition of the entire issued... Continue
CHUKA UBAH  Following the expiration of the court consent judgment and the decision by... Continue
CHRISTIAN ABURIME There is a peculiar irony in watching a supposedly learned activist who... Continue
CHUKA UBAH The President-General of Ohanaeze Ndigbo Worldwide, Senator Azuta Mbata, has declared the... Continue
TEMITOPE OYEFESO If true leadership is about service, sacrifice, empathy, and a commitment to... Continue
The All Progressives Grand Alliance (APGA) is pleased to announce its Southeast Zonal Meeting,... Continue

UBA


Access Bank

Twitter

Sponsored