A 39-year-old businessman, Olaiya Amufasaiye, was docked on Monday in a Grade I Area Court, Kubwa, Abuja, for alleged criminal breach of trust.
The police charged that the defendant of Shagari quarters, Dei-dei, with criminal breach of trust and cheating.
The Prosecution Counsel, Babajide Olanipekun, told the court that the defendant deceived the complainant, Raphael Kadiri, into delivering N2.6 million to him under the guise of an investment sometime in April.
Olanipekun alleged that the defendant misappropriated and converted the said sum to his personal use.
He added that in the course of police investigations, the sum of N10,000 was recovered from the defendant.
The offence, he said, contravened the provisions of sections 312 and 322 of the Penal Code.The defendant, however, pleaded not guilty.
The judge, Yahaya Sheshi, admitted the defendant to bail in the sum of N2 million with one surety resident within the court’s jurisdiction.
Sheshi said the surety must provide two recent passport photographs, a driver’s licence or national identity card and a print out of bank verification number (BVN).
He adjourned the case until Feb. 8 for hearing. (NAN)
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