Court remands suspect in custody over dud cheque

A Federal High Court in Lagos yesterday ordered that the Managing Director of Picket Suites and Services Limited, Abiodun Adisa, be remanded in prison custody till January 3 pending ruling on his bail application. The trial judge, Justice Hadiza Rabiu-Shagari, handed down the order after listening to the submissions of both the prosecution and lawyer […]

Court remands suspect in custody over dud cheque

A Federal High Court in Lagos yesterday ordered that the Managing Director of Picket Suites and Services Limited, Abiodun Adisa, be remanded in prison custody till January 3 pending ruling on his bail application.

The trial judge, Justice Hadiza Rabiu-Shagari, handed down the order after listening to the submissions of both the prosecution and lawyer to the accused on the bail application.

 The Nigeria Police Force (NPF) Special Fraud Unit (SFU) had alleged that the accused person issued dud cheque of a total of N130 million.

The police alleged that the accused had between August 22, 2016 and June 30, 2017, issued 15 Guaranty Trust Bank (GTB) cheques to one Okechukwu Enelameh, of Fredliz Estates Limited, in settlement of his indebtedness to the company for three months.

It was alleged that upon presenting the cheques for payment, they were returned dishonoured for lack of funds in the accused person’s account.