The Police in Lagos has docked two female traders, Lateefat Oyerinde and Idowu Toriola, for allegedly defrauding a non-governmental organisation of N590,000.
Oyerinde and Toriola are facing a two-count charge of conspiracy and cheating before Magistrate A.O. Gbajumo of the Shomolu Magistrate’s Court.
Prosecutor,Inspector Adegoke Akinlebi, told the court that the accused on May 21 collected a loan of N590,000 from Development Empowerment and Establishment Project, an NGO in Maryland, Lagos.
Akinlebi said the accused told the NGO officials that the money was for trading and that the proceeds from the trade would be remitted to the NGO.
He said the accused, however, defaulted in remitting the proceeds, as agreed.
The duo pleaded not guilty and were each granted bail in the sum of N200,000 with two sureties in like sum.
The case was adjourned till August 11 for further hearing.
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