EFCC Arrests Barrister Over N117m Fraud

                 

Economic and Financial Crimes Commission, EFCC on Monday arraigned a legal practitioner, Barrister Babatunde Ojo, before Justice Oluwatoyin Ipaye of the Lagos State High Court, Ikeja, on a 48-count charge bordering on obtaining money by false pretence, forgery and issuance of dud cheques.

Ojo allegedly used his company, Amberville Communications Limited, to obtain the sum of N117, 350, 000.00 (One Hundred and Seventeen Million, Three Hundred and Fifty Thousand Naira) from Mr. and Mrs. Mathew Awodiya of First Hebron Homes and Investment Limited in the guise of allocating 50 shops at HFP Eastline Shopping Complex, Ajah, Lagos, to them.



The victim was allegedly linked to Ojo by one of the directors of the Shopping Complex. He was told that, the amount per shop was N4, 000,000 (Four Million Naira only) , with Fifty (50) shops, costing N200, 000,000 (Two Hundred Million Naira only).

The victim negotiated for 50 shops but paid a deposit of N117, 350, 000.00 (One Hundred and Seventeen Million, Three Hundred and Fifty Thousand Naira). However, the director that linked the victim with Ojo later denied knowledge of any transaction for sale of shops with the suspect, and invariably debunked claims of having received payment from the suspect. All efforts to get a refund of the money paid for the shops proved abortive.

Prosecuting counsel, Vera Agboje prayed the court for a trial date and that the defendant be remanded in prison custody. However, defence counsel, R. U. Nnamani urged the court to allow her present application for bail at the next adjourned date and applied that the suspect be remanded in EFCC custody.

Justice Ipaye, however, ordered that the defendant be remanded in Kirikiri Maximum prison and adjourned the matter till March, 18 and 19, 2015 for trial.