Man, 42, Docked Over N150m Fraud, Forgery

He was arraigned alongside his company, Konkomm Telecom Limited, on three counts charge, bordering on conspiracy, fraud and forgery, before Justice Sule Hassan led-court, by the men of Special Fraud Unit (SFU) of Nigeria Police Force (NPF), Ikoyi-Lagos.

The defendant, his company and others now at large, according to the police committed the offences between the year 2012 and January 2013, and between Lagos State and Makurdi, Benue State.

Arraigning this defendant in court, the prosecutor, Mr. Chukwu Agwu, a Deputy Superintendent of Police (DSP), told the court that the defendants and other now at large, conspired among themselves and fraudulently obtained the sum of N150 million from a bank, under the pretence of using the money to purchase virtual/physical Airtime and E-pin from telecommunication companies, especially, MTN.

DSP further told the court that in obtaining the said sum from the bank, the defendants forged a land title documents belonging to one Dr. Don S. A. Agada, situated at Plot 1104 Kalampe District  Cadastral Zone 307, Federal Capital Territory Abuja, which they used as security for repaying the money without the consent of the owner.

The prosecutor told the court that the offences committed by the defendants are contrary to Sections 53, 1 (1) (b)(c) (3) of the Advance Fee Fraud and Other Fraud Related Offences Act, 2006 and punishable under Section 8(3) of the same Act.

The defendant pleaded not guilty to the charge.

Following the defendant’s plea, his lawyer, Mr. Enoh Agwuocha told the court that he has a bail application filed on behalf of the defendant and urged the court to allow him to move the bail application.

Justice Hassan in his ruling, granted bail to the defendant in the sum of N20 million with two sureties in like sum.

In addition, the judge, ordered that two sureties must be a landed property owner within the Jurisdiction of the court or civil servants with the Federal or Lagos State Government and not below grade level 14.

The judge also ordered that the documents of the landed property must be deposited while in case of a civil servant, a top officer of the employer must sign an attestation letter, with both sureties depositing two of their recent passport photographs while the prosecution must verify all documents submitted within seven days of submission to authenticate it genuineness. Adding that the  defendant be remanded in prison custody pending fulfilment of his bail conditions