LAGOS, Nigeria (The Informant247) – A Nigerian man has been dragged before a Yaba Chief Magistrates’ Court in Lagos state for obtaining about N155milion ($364,037) under false pretence.
Isiaka Asoju, 48, is charged with defrauding a man under the pretext of selling a 15-acre land to him, on Tuesday.
He, however, pleaded not guilty to the charges.
The Prosecutor, SP Ogbunike, said that the defendant had committed the offence sometime in July, at Ibeji Lekki.
He told the court that the defendant had allegedly collected the sum of N155 million from Mr Temitope Ayodele, the complainant, under the pretext that he would sell 15 acres of land to him.
The alleged offence contravenes Section 314 of the Law of Lagos State, 2015.
The Chief Magistrate, Miss Adeola Olatunbosun, granted the defendant bail in the sum of N20 million with three sureties each in the like sum.
Two of the sureties must be landed property owners.
She has adjourned the case until Oct. 4 for mention.
