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Court Remands Businessman In Prison Custody For Stealing N41.6M

Court Remands Businessman In Prison Custody For Stealing N41.6M

Eniola Awokoya

A Lagos State High Court sitting in Ikeja, has ordered the remand of a ‎business man, identified as Okoro Samuel Uchechukwu in Ikoyi Prison, over the allegation of stealing forty-one million, six hundred thousand naira (N41,600,000.00).

The presiding Judge, Justice Mojisola Dada, made the pronouncement, following Uchechukwu’s arraignment by the Economic and Financial Crime Commission (EFCC) before the court on Tuesday.

Uchechukwu, was arraigned alongside his company, Jayjingo Ltd, on a two-count charge of stealing and obtaining money by false pretense.

According to the EFCC, Uchechukwu, through dishonest means, stole  and converted to his own use, the sum of N41,600,000.00‎ which belonged to Onoja Usman, who is the managing Director of Lovonus Trust and investment Limited, under false pretense, that he had the sum of $130.000.00 to sell to Usman.

The commission, said the offence contravenes Sections 278 and 285 of the Criminal Law of Lagos State of Nigeria No 11, 2011 and Sections 1(1) and 1(3) of Advance Fee Fraud and Other Related Offences Act No 14 of 2006.

The defendant’s counsel, Mrs Janet Okile however, urged the court to grant his client bail, noting that the defendant has been in prison custody in Port Harcourt, for another offence but present in court due to the compulsory appearance warrant.

According to Okile, the defendant is also facing trial in Port Harcourt for other offences. She urged the court to grant him bail so as to allow him attend his trial in Port Harcourt.

EFCC counsel, Samuel Gaji ‎also confirmed to the court, that the defendant was brought from Port Harcourt prison were he is also facig trial for multiple offences.

Justice Dada after listening to both parties, directed the defendants’ counsel‎ to file application for bail and  thereafter adjourned till January 17, 2018 for trial.