Man Remanded In Prison Over N26M Fraud In Osun State

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Man Remanded In Prison Over N26M Fraud In Osun State

The Osun State Magistrate court sitting in Ile-Ife has remanded a 27-year-old store keeper, Tunde Bamidele over an alleged N26m fraud.

The Administrator-General and Public Trustee, for the Commissioner for Justice, Osun State, Abiodun Badiora said that the accused person conspired with others, now at large, and defrauded the company of N26 million being cost of 12,710 crates of assorted drinks and stocks.

According to the State prosecutor, the accused person was alleged to have committed the offence between January and June 8, 2019 at Lexican Investments Limited at Omole Layout in Ile-Ife.

The administrator-general alleged that the accused person forged a company receipt with No: 538743, 538744, 538739, 538570, 538572 and 538573.

The accused person pleaded not guilty to the thirteen-count charge bordering on fraud and theft.

The offence is contrary to and punishable under Sections 86, 91(a), 83 of the Criminal Code, Laws of Osun, 2002.

Magistrate Ibitola Oyebadejo, did not admit the accused person to bail, saying that the amount involved was huge.

Oyebadejo ordered that the accused person be remanded in Ile-Ife correctional centre, pending hearing of a written bail application.

The magistrate adjourned the case till October 26, 2020 for hearing.