$3.5 m fraud Prophet granted N10million bail.

A 40-year-old prophet, Sunday Agbojo, who allegedly defrauded a company of 3.5 million dollars has admitted to N10 million bail bond.

Agbojo is standing trial before Magistrate J. A. Adegun of an Igbosere Magistrate’s Court on a two-count charge of conspiracy and obtaining money under pretence.

The Prosecutor, Inspector Haruna Ibrahim, said the accused and others now at large sometimes between 2008 and 2009 in Lagos conspired to commit the offence.

He said the accused fraudulently obtained the said sum under the pretext of assisting the company to secure a Mining Lease Right from the Government of the Republic of South Africa.

Adegun adjourned the case till Sept. 9 for further hearing.