Wednesday, June 29, 2016

EFCC Arraigns Businesswoman for fraud and Issuance of Dud Cheque

The Economic and Financial Crimes Commission, EFCC, on Monday June 27, 2016 arraigned one Helen Ogunniwa alongside her company, Den-Moyek Nigeria Enterprise, before Justice 0. A. Taiwo of the Lagos State High Court Igbosere on a two-count charge bordering on Obtaining Money by False Pretence and  Issuance of Dishonored Cheque to the tune of N7, 369,600m (Seven Million Three Hundred and Sixty Nine Thousand, Six Hundred Naira).
The complainant, Alhaja Jumoke Yusuf, allegedly supplied a truck load of Vegetable Oil  worth of N7, 376,650 to the defendant for which she paid N800, 000.00 leaving a balance N6, 576, 650.00.
The accused person allegedly issued a cheque in favour of the complainant. However, when the complainant presented the cheque, it was dishonored due to insufficient funds in her account.
Count one reads:
"Helen Ogunniwa (a.k.a. Den-Moyek Nigeria Enterprise) on or about the 23rd day of August, 2014 in Lagos within the Lagos Judicial Division with intent to defraud, induced one Alhaja Jumoke Yusuf of Bakro-Jummy Industries Limited to confer a benefit of a truck load of Vegetable Oil valued N 7, 369,600.00 (Seven million three hundred and sixty nine thousand six hundred Naira) on the understanding that the said truck load of Vegetable Oil will be paid for which pretence you knew to be false”
The accused person pleaded not guilty when the charges were read to her.
In view of her plea, the prosecution counsel, E. A. Oyedotun, asked for a trial date and to remand the defendant in prison custody.
However, the defence counsel, Joseph Oputei, asked the court to grant his client bail and to remand her in EFCC custody pending the ruling on her bail application.
Justice Taiwo remanded the suspect in EFCC custody and adjourned the case till June 30, 2016 for consideration of her bail application.

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