Crime
EFCC Arraigns Business Woman For Issuing N13M Dud Cheque
The Economic and Financial Crimes Commission, EFCC of the Ibadan Zonal Command, has arraigned a business woman in Ibadan, Oluwabiyi Peace before Justice O.A. Adeyemi of the Oyo State High Court, sitting in Ibadan for issuing a dud cheque worth N13,000,000 to a customer.
She was arraigned on Wednesday, February 14, 2024 alongside her company, Just Series Nigeria Limited on a one-count charge bordering on issuance of dishonoured cheque.
The lone-count charge reads: “That you Oluwabiyi Peace and Just Series Nigeria Limited, on or about the 29th of June, 2021 at Ibadan within the jurisdiction of this Honourable Court, issued First City Monument Bank Plc Cheque No. 0037862154, dated 29th of June, 2021 in the sum of (N13, 000, 000.00) Thirteen Million Naira only, made payable to Nuru Bello, which when presented for payment within three months was dishonoured on the grounds that no funds or insufficient funds were standing to the credit of the account on which the Cheque was drawn, thereby committed the offence of issuance of dishonoured cheque contrary to Sections 1 (1) (a) and 1 (1) (i) of the Dishonoured Cheque (Offences) Act, Cap D 11 Laws of the Federation of Nigeria, 2004.”
She pleaded “not guilty” when the charge was read to her.
Following her not guilty plea, prosecution counsel Mabas Mabur asked the court for a trial date and prayed the court to remand the defendant in the Correctional Center. However, defence counsel, A.A. Maisolati informed the court of a bail application filed and served on the prosecution on behalf of his client. He prayed the court to admit his client to bail in most liberal terms.
After listening to the prayers of the counsels, Justice Adeyemi admitted the defendant to bail in the sum of N5million and two sureties in like sum. The sureties must be property owners in Oyo State.
The court further ordered that the defendant be remanded in the EFCC detention facility pending the perfection of her bail conditions.
The judge adjourned the matter to March 27, 2024 for trial.
-
Previous Post
Sango Fire Outbreak: Senator Sympathies With Victi..
-
Next Post
ASUU Confirms FG’s Payment Of Withheld Salary
Leave A Reply
Similar Stories
.jpeg)
Recent Post
-
Niger State Boat Tragedy: 70 Bodies Recovered As Rescue Operations Continue
-
Alleged ₦110bn Fraud: Court Issues Public Summons Against Yahaya Bello
-
National Award: Reps Members Accuse Tinubu Of Discrimination, Reject Honor Conferred On Speaker
-
Senate Summons Works Minister, Umahi, Over Poor State Of Oyo-Ogbomoso Highway
-
Makinde Approves Conversion of LG Ad Hoc Workers to Permanent Staff
-
NNPCL Delivers 48.6m Barrels Of Crude Oil To Dangote Refinery
-
Oyo Announces Fresh Recruitment Of Civil Servants
-
Tinubu Leads Shettima, Others In Magnificent 64th Independence Anniversary Guards Parade
-
Nigeria At 64: Seyi Makinde Urges Oyo Residents To Keep Hope Alive
-
Oyo Orders Residents To Vaccinate Dogs, Cats Against Rabies
-
October 1 Protest: Oyo Residents Demand Reversal Of PMS Price, Others
-
No One Who Disrespects Or Assaults Our Officers Will Go Unpunished - OYRTMA Chairman
-
Obasanjo Sacked Me As Oyo Governor, Not Adedibu, Alao-Akala — Ladoja
-
5 Worshippers Die, Others Hospitalized After Church Feast In Ibadan
-
Oyo NUJ Hails Tinubu’s Appointment Of Tegbe As DG, Nigeria-China Strategic Partnership
-
Olubadan Advises New Chiefs On Traditional Values
-
Oyo To Become Intra-African Trade Hub - Makinde
-
Reps Begins Probe Of GTCO, Segun Agbaje Over Alleged N1Trillion Profit
-
NAFDAC Raises Awareness On Dangers Of Fake Drugs In Ibadan
-
Akwa Ibom First Lady Patience Umo Eno Is Dead
