Building Materials Fraudster Faces Prosecution

A building material
supplier in Lagos, Jimoh Mohammed has been arraigned in court for allegedly duping a company, Integrated Project Limited of N15.7 million being the amount collected for the supply of steel rods.
The businessmen swindler, 47 who lives at 127 Ikotun Idimu, a Lagos suburb and who allegedly defrauded the company, was on Thursday charged before an Ebute Meta Chief Magistrate court, Lagos for conspiracy, fraud, stealing and issuing a dud cheque.
The prosecution, police ASP Etim Nkankuk said the accused committed the offence on July 13, 2011 at No 142A Association Way, Dolphin Estate Ikoyi.
ASP Etim told the court that the accused, collected N15.7 million from the complainant and owner of the company, Integrated Project Limited), Mr Yinka Ilusemiyu, under the pretext of supplying steel rods.
He said the accused fraudulently converted the money to his personal use and issued a Zenith Bank cheque in favour of the complainants.
The cheque was dishonoured at the bank on presentation. The offences contravened sections 285, 312,313 and 409 of the criminal law of Lagos State  2011.”
The accused on conviction, maybe sentenced to 15 years imprisonment. The businessman swinder, however, pleaded not guilty and was granted bail in the sun of N500,000 with two sureties in  like sum.
The chief magistrate, Mrs. A.A. Demi Ajayi, adjourned further hearing in the case till November 11th.