The Economic and Financial Crimes Commission, EFCC, has arraigned one Chief Jonathan Alatoru before Justice U.N Agomoh of the Federal High Court, Port Harcourt, Rivers State on an 8-count charge bordering on forgery and obtaining by false pretence to the tune of N200m .
Alatoru was alleged to have obtained a loan facility
of N200m from one of the new generation banks sometime in September, 2012 with
forged documents ranging from property valuation report, certificate of
occupancy and consent letter to pledge the property used
as collateral.
The accused pleaded not guilty to the charges
against him.
Justice Agomoh granted the accused person bail
in the sum of N50m (fifty million naira) and two sureties in like sum. One of
the sureties must be a civil servant not below salary grade level 14 and must
deposit his/her employment letter and last letter of promotion with the court.
The other surety must be a blood relation
resident within the jurisdiction of the court. He is to swear to affidavit of
means, present two passports and fill a bail bond.
The accused must also deposit his international
passport and write an undertaken.
Justice Agomoh adjourned to January 21, 2016 for
trial and ordered the accused person to be remanded in prison custody until the
bail conditions are met.
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