Ex- Banker docked for obtaining N42m, under false pretence
A 42 year old former banker, Aghata Igwe who allegedly obtained the sum of N42 million from a businessman under false pretences, was yesterday arraigned before a Lagos Magistrate Court sitting in Igbosere.
Igwe, whose residential address was not given, is facing a three-count charge of conspiracy, fraud and stealing, preferred against her by the Police.
The prosecutor, SP George Nwosu, told the court that the defendant and others at large committed the alleged offences from March to May 2017, at Ilupeju area of Lagos.
Nwosu said that the defendant fraudulently obtained the sum of N42 million from one Maydom pharmaceutical Ltd, under the pretext of assisting the company to facilitate a grant of one million US Dollar import finance loan from Fidelity bank Plc.
“The defendant convinced the complainant that she will use the said N42 million to lobby the bank to grant the company a loan of one million USD for importation purposes.
“The defendant did not facilitate any one million USD loan and did not refund the money she obtained from the complainant,” Nwosu said.
According to the prosecutor, the offences committed is punishable under Sections 287, 314 and 411 of the Criminal Law of Lagos State, 2015.
She pleaded not guilty to all the offence leveled against her.
The Magistrate, Mrs O. O. Oshin granted the defendant N500, 000 bail with two sureties in like sum.
She ordered that the sureties must be gainfully employed and must have at least N1 million in his bank account.
Oshin also said that the sureties must show evidence of tax payments to the Lagos State Government
She adjourned the case until February 24 for mention.