City Updates

EFCC Docks Couple over N553.8m Fraud

Matilda Omonaiye/

A couple identified as Oladeji and Omotola Henry, alongside their company, Built Global Concept, were today brought before Justice Mojisola Dada of the Special Offences Court sitting in Ikeja, Lagos on a seven-count charge bordering on conspiracy and stealing to the tune of N 553,820,000.

One of the counts filed by the Economic and Financial Crimes Commission (EFCC) reads: “ That you, Oladeji Henry, Omotola Henry and Built Global Concept, sometime in 2018 in Lagos, within the jurisdiction of this honourable court, conspired amongst yourselves to dishonestly convert to the use of Abiodun Semawon Henry the total sum of N410,170,000.00 (Four Hundred and Ten Million, One Hundred and Seventy Thousand Naira), property of Smart Investor Club; and thereby, committed an offence contrary to Sections 411 and 280 (2)(f) of the Criminal Law of Lagos State, 2011.”

Another count reads:  “That you, Oladeji Henry, Omotola Henry and Built Global Concept, sometime in 2018 in Lagos, within the jurisdiction of this honourable court, conspired amongst yourselves to dishonestly convert to the use of Abiodun Semawon Henry the total sum of N70,000,000.00 (Seventy Million Naira) property of Julius Ekonorue and thereby committed an offence contrary to Sections 280 (1)(b) and 287 of the Criminal Law of Lagos State, 2011.”

The defendants pleaded not guilty to the charge preferred against them.

In view of their pleas, the prosecution counsel, Bilkisu Buhari, asked the court for a trial date and also prayed that the defendants be remanded in the Nigeria Correctional Service, NCS.

Counsel to the defendants, Richard Oma Ahonaruogho, informed the court of a pending bail application for his clients and also prayed for a short date to enable its hearing.

 Consequently, Justice Dada adjourned the matter to March 9, 2020, for hearing of the bail application and commencement of trial.

The defendants were ordered to be remanded in the Nigerian Correctional Services, Kirikiri, Lagos.

0
Dipo

Dipo Kehinde is an accomplished Nigerian journalist, artist, and designer with over 34 years experience. More info on: https://www.linkedin.com/in/dipo-kehinde-8aa98926

Recent Posts

Anti-Graft DG Resigns after Setting the World on Fire with High Profile Serial Sexcapades in Equatorial Guinea

Matilda Omonaiye/ The Director General of the National Financial Investigation Agency in Equatorial Guinea, Baltasar…

2 hours ago

Aquitane Oil & Gas Accuses Zenith Bank of Forgery, Alleges ₦1.4 Billion Dividend Theft, Unauthorized Sale of Collateral Shares

Segun Atanda/ In a scandal shaking Nigeria’s financial sector, Aquitane Oil & Gas Ltd., a…

5 hours ago

Quincy Jones: Legendary American Music Producer behind Michael Jackson’s Thriller Dies at 91

Segun Atanda with AP/ After a career spanning 70 years, Quincy Delight Jones, Jr., the…

1 day ago

Tinubu’s Team Hits Atiku, Defends Economic Reforms

Segun Atanda/ The presidency has hit back at former Vice President Atiku Abubakar, dismissing his…

2 days ago

UN in Nigeria: Charting a Path Towards a Brighter Future

By Mohamed Malick Fall/ The indescribable destruction caused by the first and second world wars…

2 days ago

Kemi Badenoch Becomes UK Conservative Party’s First Black Leader

Segun Atanda/ Kemi Badenoch has been elected the new UK Conservative leader. The former business…

3 days ago