A 36-year-old businessman, Eze Shedrach was yesterday, arraigned before a Life Camp Magistrates’ Court in Abuja, for allegedly swindling his customer of N2.1 million.
The police charged Shedrach of the address, opposite Mountain of Fire Church, Mpape, Abuja, with criminal breach of trust and cheating.
The reports said that the defendant, however, pleaded not guilty to the charge preferred against him by the police.
The Prosecutor, Mrs Charity Nwachukwu, told the court that sometime in July, the complainant, Mr Ikechukwu Obihara of Apo, Abuja, reported the case at Gwarimpa Police Station.
Nwachukwu told the court that the complainant entrusted the defendant with the sum of N5 million for the purchase of iron rods.
According to Nwachukwu, the complainant told the defendant to buy the iron rods and they agreed to keep the iron rods in Shedarch’s shop pending when the buyer would need them.
She said that the defendant collected the iron rods and kept them in his shop until sometime in January 2025 when Obihara called and instructed Shadrach to resell off the iron rods to enable him to meet his other personal needs.
She said that the defendant sold the iron rods and only remitted N2.9 million to the buyer and dishonesty refused to remit the remaining balance of N2.1 million.
The prosecutor said the defendant closed down his shop and converted the money to his personal use and absconded but was later tracked and arrested while in hiding.
He said that all efforts made to recover the said money proved abortive.
The prosecutor claimed that the offences contravened Sections 312 and 322 of the Penal Code.
The Magistrate, Ramilatu Halilu granted the defendant bail in the sum of N200,000 with two sureties in like sum.
Halilu ordered that the sureties must be working in a reputable organisation and must reside within the court’s jurisdiction.
She adjourned the case until Sept. 2 for hearing.
Discover more from The STATESMAN Newspaper
Subscribe to get the latest posts sent to your email.
Post Disclaimer
THE STATESMAN NEWSPAPER make no representations or warranties of any kind, express or implied, about the stories hereon as the statements are purely of the news makers.
All rights reserved. This material, and other digital content on this website, may not be reproduced, published, broadcast, rewritten or redistributed in whole or in part without prior express written permission from THE STATESMAN NEWSPAPER.
Contact:
