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3 in court over alleged N8 million fraud

01 March 2013, 09:02

Lagos - Three persons, who allegedly forged documents and defrauded Diamond Bank Plc of N8 million on Thursday appeared before a Yaba Magistrates' Court in Lagos.

Ademola James and Ajibike Awosika, both males, 50 years and 38-year-old Oludara Kazeem, a female, were standing trial on a six-count charge of obtaining under false pretences, forgery and stealing.

The defendants, who respectively reside in Mushin, Ikorodu and Oregun, all in Lagos State, allegedly forged and presented Access and Skye banks statements of accounts as security to obtain loans from Diamond bank.

The prosecutor, Insp. Godfrey Osuyi, submitted that the defendants conspired with others at large to commit the offences on Nov. 3, 2011 at a branch of Diamond bank located at Plot E, Ziatech Road, Oregun, Ikeja.

"Awosika, Kazeem and James presented a forged Access bank statement, Account No. 001000361301, Ikorodu branch, said to belong to one Bik-Awo International Company of Shop 15, John St., Idumota, Lagos as a documented security for a loan of N4.5 million obtained from Diamond bank.

"James and Kazeem also presented a forged Skye bank statement of Account No. 13301010027390, Matori Market branch, Mushin, which they claimed belonged to Ade the Great Nigeria Enterprises, Shop 13 Ereko Lane, Idumota, as a documented security for a loan of N3.5 million also obtained from Diamond bank," Osuyi said.

He said that the offences contravened sections 313, 361, 363, 368 and 409 of the Criminal Code of Lagos State.

The three defendants, however, pleaded not guilty.

The magistrate, Mrs Adekorede Ajibade, granted the defendants bail in the sum of N1 million with two sureties each, and adjourned the case to April 2 for substantive trial.


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