A 48-year-old man, Nicholas Obi, on Thursday appeared before an Ikeja Magistrate’s Court for allegedly defrauding his friend of N300,000.
Obi, who is facing a two-count charge of fraud and stealing, pleaded not guilty.
The prosecutor, Insp. Fola Takumbe, alleged that Obi obtained the money from Mr Gibson Ugboaja at Iwaya, Yaba, under the pretext of supplying some heavy duty vehicle batteries.
He said the offence which was committed sometime in March contravened Sections 390 (9) and 419 of the Criminal Code, Laws of Lagos State.
The Magistrate, E. O. Ogunkanmi, granted the accused bail in the sum of N100,000 with one surety in like sum and adjourned the case till Sept. 24 for mention
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