Court remands businessman for N5m fraud

A Dei-Dei Area Court, Abuja, on Tuesday, May 23, ordered the remand of a 28-year-old businessman, Saleem Iliyasu, in a correctional centre for allegedly defrauding his customer to the tune of N5 million.

The police charged Iliyasu, who resides in the Jabi area of Abuja, with criminal breach of trust and cheating.

The prosecution counsel, Chinedu Ogade, told the court that the complainant, Aminu Sani, reported the matter at Zuba Police Station on February 20.

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Ogada said the businessman posted a video and pictures of new naira notes via phone number 08140089778 and claimed to be dealing in the newly redesigned naira notes with an interest of N15,000.

He said the complainant gave the defendant N5 million to supply him with new naira notes but he converted the money to his personal use and refused to supply the new notes.

The lawyer told the court that the offence contravened the provisions of sections 312 and 322 of the Penal Code.

The judge, Saminu Suleiman, however, ordered that the businessman be remanded in the Nigerian Correctional Service facility in Suleja, until June 13, after he pleaded not guilty to the two-count charge.

The Star