An Ikeja Chief Magistrates’ Court on Friday remanded a businessman, Adebayo Jegede, 41, in prison custody over an alleged N4.9 million fraud.
The Chief Magistrate, Mrs. Eniola Fabamwo, ordered that the accused be remanded at Kirikiri Prison pending advice from the Lagos State Director of Public Prosecutions.
Jegede, a resident of No. 7, Coker Estate, Egbeda, Lagos, is charged with conspiracy, fraud and stealing.
The prosecutor, ASP Samson Ekikere, had told the court that the accused, with others currently at large, committed the offences at 10.00 a.m. on March 20, 2012 at Egbeda, Lagos.
He said the accused obtained N4.9 million from one Mr. Darego Ikiaho under the pretext of helping him purchase a Land Cruiser jeep.
Ekikere said the offences contravened Sections 285, 312 and 409, Criminal Law of Lagos State, 2011.
The magistrate adjourned the case till Jan. 27 for mention. (NAN)