Man, 25, arrested for N25m fraud

The police yesterday arraigned a 25-year-old man, Michael Liang and 31-year -old Ajishefin Ibukun before an Ikeja Magistrate Court for allegedly stealing  N23 million from Mrs Ezekiel Judith, Mrs Toyin Samuel, Mr Onyema Ndidi Christy, and Mrs Julie, under the pretense to help them grow their business by making them a directors of the company […]

The police yesterday arraigned a 25-year-old man, Michael Liang and 31-year -old Ajishefin Ibukun before an Ikeja Magistrate Court for allegedly stealing  N23 million from Mrs Ezekiel Judith, Mrs Toyin Samuel, Mr Onyema Ndidi Christy, and Mrs Julie, under the pretense to help them grow their business by making them a directors of the company they represent.  

Michael and Ajishefin were arraigned before Magistrate O. A Layinka on a three-count- charge offence bordering on false pretence and theft. 

Police prosecutor, Inspector Donjor perezi said the defendants committed the offence between 2013 and 2017 at BF Summer Nigeria Limited located at No I, Regina Omolara Street, Ikeja, Lagos.  

He said the defendants conspired among themselves to defraud the sum of N23,000,000,00, property of from Mrs Ezekiel Judith, Mrs Toyin Samuel, Mr Onyema Ndidi Christy, and Mrs Julie.  

Donjor said the offence committed was contrary to and punishable under section 313(2) of the Criminal Law of Lagos State 2015. 

Michael and Ajishefin and others at large pleaded not guilty to the charges.  

Magistrate O. A Layinka granted the accused bail in the sum of N5 million each and two sureties each.  

She said the sureties must show evidence of tax payment, be exhibited sworn to affidavit.  

She adjourned the case till October 2nd, 2017.