A 56-year-old businessman, Ahmed Tiamiyu, on Monday appeared in an Ikeja Chief Magistrates’Court in Lagos State for allegedly defrauding a developer of N20.7 million.
The police charged Tiamiyu, who resides in Olumowewe area Adiyan, Ogun State, with conspiracy, theft and obtaining by false pretenses.
The prosecution counsel, ASP Raji Akeem, told the court that the defendant committed the offence on January 14, 2019 at 70, Falolu Street, Surulere, Lagos.
Akeem alleged that the defendant deceived the complainant, Adewole Akinjoba, into believing that he had a residual sludge, a machine used during sewage treatment, for sale.
The prosecutor also alleged that after some negotiation, the defendant agreed to sell the machine for N20.7 million to the complainant.
Akeem also alleged that the complainant paid the money into the defendant’s account and since then he has been avoiding the complainant.
The offence, he said, contravened the provisions of sections 287, 314 and 411 of the Criminal Law of Lagos State,2015.
The defendant, however, pleaded not guilty.
Chief Magistrate O.A. Layinka admitted the defendant to bail in the sum of N2.5 million with two sureties in like sum.
Layinka adjourned the case until April 7 for mention.
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