Man, 66, Docked For Swindling Victims Of Over N60m With Chamber Of Commerce Agric Scheme

MICHAEL AKINOLA

A 66-year old man, Adeyinka Kabiru, has been arrested and charged in Lagos State for allegedly using the Chamber of Commerce Agricultural scheme to swindle investors of over N60m under false pretence.

P.M.EXPRESS reports that the incident happened at Opebi area of Lagos, where the suspect obtained the said money under false pretence of investing into the Agricultural scheme, which turned out to be a scam.

According to the Police, the suspect obtained the money and converted it to his own use and did not remit the money to the Chamber of Commerce Agricultural scheme.

The matter was reported to the Police at MAN Centre Division and he was then, arrested and detained at the station for interrogation over his alleged conduct against the victims.

During interrogation, he reportedly admitted to have collected the money and did not remit the money as he had promised.

The Police found him culpable and consequently charged him before the Ogba Magistrate Court for obtaining under false pretence.

COUNT I: “That you, Adeyinka Kabiru ‘M’ on the 27th April, 2024 at about 1000hrs at Opebi Ikeja in the Ikeja Magisterial District, did obtain by false pretence the sum of N10,000,000.00 (Ten Million Naira) from Monsurat Balogun for Investment in Agriculture at the Chamber of Commerce and Industry, which you failed to remit same at the LCCI thereby committed an offence Punishable under Section 314 of the Criminal Law of Lagos State of Nigeria 2015.”

COUNT II:” That you, Adeyinka Kabiru ‘M’ on the 20th February, 2024 at about 1000hrs at Opebi Ikeja in the Ikeja Magisterial District, did obtain by false pretence the sum of N21,500,000.00 (‘wenty One Million Five Hundred Thousand Naira) from Adebayo Adeniji for Investment in Agriculture at Chambers of Commerce an Industry which you failed to remit same at the LCCI thereby committed an offence punishable under Section 314 of the Criminal Law of Lagos State of Nigeria 2015.”

COUNT III:”That you, Adeyinka Kabira ‘M’ on the 21 February, 2024 at about 000hrs at Opebi Ikeja in the Ikeja Magisterial District, did obtain by false pretence the sum of N3,000,000.00 (Three Million Naira) from Olayinka Abel Investment in Agriculture at the Chamber of Commerce and Industry, which you failed to remit same at the LCCI thereby committed an Offence Punishable fer Section 314 of the Criminal Law of Lagos State of Nigeria 2015.”

COUNT IV:” That you, Adeyinka Kabiru ‘M’ on the March, 2024 at about hrs at Opebi Ikeja in the Ikeja Magisterial District, did obtain by false pretence the sum of N16,000,000.00 (Sixteen Million Naira) from Muitiat Abass westment in Agriculture at Chamber of Commerce and industry, which you failed to remit same at the LCCI thereby committed an offence punishable Section 314 of the Criminal Law of Lagos Stave of Nigeria 2015.”

COUNT V:”That you, Adeyinka Kabiru ‘M’ on the 13th March, 2024 at Opebi Ikeja in the Ikeja Magisterial District, did obtain by under false pretence the sum of N1,000,000.00 (One Million Naiza) from Olapade Rufus for Investment in Agriculture at the Chamber of Commerce and Industry, which you failed to remit same at the LCCI thereby committed an offence punishable under Section 314 of the Criminal Law of Lagos State of Nigeria.”

COUNT VI: “That you, Adeyinka Kabiru, ‘W’ sometime in 2024 at about 1000hrs in Opebi Ikeja in the Ikeja Magisterial District, did obtain by false pretence the sum of N4,800,000.00 (Four Million Eight Hundred Thousand Naira) from Monsuru Atanda for Investment in Agriculture at the Chamber of Commerce and Industry, which you failed to remit some at the LCCI thereby comnitted an Offence Punishable under Section 314 of the Criminal Law of Lagos State of Nigeria 2015.”

He pleaded not guilty.

The prosecutor, Supol Akeem Raji, 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, Mr. L.A. Owolabi, granted him bail with two sureties, 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.