Business
Lebanese Arraigned Over Alleged Issuance Of Dud Cheques
A 53-year-old Lebanese
businessman, Nahel Mansour, who allegedly issued four dud cheques, last Wednesday has appeared before an Igbosere Magistrates’ Court in Lagos.
Mansour, whose address is unknown, allegedly issued the cheques to two companies and an individual with the knowledge that he had no money in his bank accounts.
The Prosecutor, Cpl. Babaje Ishiaku, told the court the accused committed the offences in October and November, 2013 at the Muson Centre, Onikan, Lagos.
Ishiaku said that on October 10, 2013, Mansour issued a post-dated Access bank cheque with number 19115234 for N5.8 million to Mr Olusola Amos.
He said that, on the same day, Mansour also issued two other Access bank cheques with numbers 19115307 and 199115310 for N5.8 million and N5.2 million, respectively, to two companies.
He said that the companies were Owo Tono Investment Company Ltd. and Oildew Global Resources Ltd.
The prosecutor added that the accused, on November 5, 2013, issued a Zenith bank cheque with number 89497209 for N6.8 million to Oildew Global Resources Ltd.
Ishiaku told the court that all the cheques were dishonoured by the banks on the grounds that there were insufficient funds in the accounts.
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