Police arraign man over alleged N1.7m fraud

The police, on Tuesday, arraigned one Shola Falana, 29, over an alleged N1.7 million fraud.

Falana, whose address was not provided, is standing trial before an Iyaganku Magistrates Court, Ibadan, charged with obtaining money under false pretence and stealing.

He, however, pleaded not guilty to the charges preferred against him.

The Prosecutor, Insp Femi Omilana told the court that the defendant committed the offences on Dec. 4, 2024, at 11.30 a.m, at Ologuneru area of Ibadan.

Omilana said the defendant obtained N1.7 million from one Kazeem Owo, on the pretext of assisting the latter to procure roofing sheets to roof his building roof, but failed to do so.

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He said the defendant rather converted the money to his personal use.

The prosecutor said that the offences contravened Sections 419 and 390(9) of the Criminal Laws of Oyo State, 2000.

The Magistrate, Mrs Adebola Adeola granted the defendant bail in the sum of N1.5 million with two reliable sureties in like sum.

Adeola held that one of the sureties must be a blood relation to the defendant and thereafter adjourned the case until Feb. 27, for hearing