Sexagenarian Faces N2.5m Fraud Charge

A 69-year-old man, Salako Ayodele, was yesterday brought before an Ejigbo Magistrates’ Court, Lagos, for allegedly issuing a dud cheque of N2.5 million.
The defendant, whose residential address was not provided, is standing trial on a one-count charge of fraud.
He pleaded not guilty to the charge preferred against him by the police.
The prosecutor, Inspector Simon Njue told the court that the defendant committed the offence on July 6, 2021 at about 2.00 p.m at the Ministry of Lands Bureau office, Alausa, Ikeja.
According to him, the defendant issued a Zenith bank cheque of N2.5 million with account number 1014240880, and account name, Proudly Integrity Properties, to one Olutunde Akano.
He said that the cheque was returned on presentation due to insufficient fund in the defendant’s account.
The prosecutor said that the defendant conducted himself in a manner likely to cause breach of the peace by issuing a cheque when there was no fund in his account.
He said the offence contravened Section 168 of the Criminal Law of Lagos State, 2015.
The Magistrate, Mr E.O. Ogunkanmi, granted the defendant bail in the sum of N500, 000 with two sureties in like sum.
He ordered that the sureties must be gainfully employed and show evidence of tax payment to the Lagos State Government.
Ogunkanmi adjourned the case to March 21 for mention.