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Lagos lawyer arraigned over alleged N3m fraud

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Police in Lagos state on Wednesday accused a 50-year-old man, Eric Okolo, who allegedly defrauded two people of N3 million. Okolo, who lives in Ikoyi, Lagos, faces a charge of fraud and theft of two charges before an Ebute-Meta Court of First Instance.

Latest Nigeria newspaper report that The prosecutor, Insp. Chinalu Uwadione, told the court that the defendant committed the crimes on January 15, 2009 in the Ojo de Lagos area.

Uwadione said the defendant raised N1 million from Chief Azubuike Ekwerekwu and N2 million from Mr. Christopher Iloabanafo for legal services he did not provide.

Latest Nigeria newspaper report that The lawyer let down Ekwerekwu and Iloabanafo by collecting N3 million of them under the pretext that he would handle his cases,” the prosecutor said. Uwadione alleged that the defendant converted the money for personal use.

“All the efforts made by the claimants to recover their money proved abortive,” he said. According to the prosecutor, the alleged crimes contravene Sections 287 and 309 (9) of the Lagos State Criminal Law, 2015.

Section 287 establishes a three-year prison sentence for theft. The chief magistrate, Mrs. A.O. Komolafe granted the defendant a bond for the sum of N1 million with two guarantees in the same amount.

Latest Nigeria newspaper report that Komolafe said the guarantees should be used in a paid manner and have evidence of tax payments to the Lagos state government. She postponed the case until January 21, 2020, to mention it.