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Metro News

64-Year-Old Woman Arraigned In Court For Duping Company Of N3M

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A 64-year-woman, Iyabo Adeoti, was on Friday arraigned at the Ikeja Chief Magistrates’ Court in Lagos for duping a company of N3m.

According to the News Agency of Nigeria, Adeoti, a trader, who lives at No. 6, Old Otta Road, Alagbado, Lagos, is now facing a two-count charge of conspiracy and obtaining under false pretence.

The prosecutor, Clifford Ogu, told the court that the offences were committed on May 10, 2016 on AIT Road, Alagbado, Lagos.

Ogu said that the accused sold a landed property she never owned to a company, Aina Gold Estate Management, for N3m.

“When the company was about to take possession of the property, it was discovered that the accused was not the owner. All efforts to collect the money failed and the accused was apprehended,” he said.

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He added that the offences contravened Sections 312 and 409 of the Criminal Law of Lagos State, 2011.

The accused, however, pleaded not guilty.

The Chief Magistrate, Mrs. Taiwo Akanni, granted the accused N1m bail with two sureties in like sum.

Akanni also ordered the accused to pay N100,000 into the court chief registrar’s account as part of the bail condition while she adjourned the case till July 13, 2016 for trial.

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