Connect with us

Nigeria News

Man Narrates To Court How His Neighbour Defrauded Him Of N1m

Published

on

Vincent Okam, a 41-year-old businessman, told a Grade I Area Court in Kubwa, Abuja, on Thursday that his former neighbor, James Ibe, cheated him of N1 million.

Ibe of Jabi, Abuja, was charged with criminal breach of trust and cheating by the police.

Advertisement

Okam claimed the defendant, who was his neighbor at Kubwa, contacted him to lend him N1 million sometime in 2014, while being led in evidence by the prosecution counsel, Babajide Olanipekun.

“He promised to pay me back in a month, so I gave him a month.” He called me two weeks later for a bogus memorandum of understanding. I had no idea he was planning to swindle me.

Advertisement
RALSO READ  Appeal court upholds conviction of former bank MD, Okey Nwosu

“In the agreement, he stated that he would pay 5% interest on the money I handed him.

“However, after a month, I submitted a check he provided me to the bank, but it was returned since there were no funds in the account.

Advertisement

“He promised to compensate me when I confronted him, but he never did.” I finally moved out of Kubwa’s place, and it was impossible to contact him after that.

“He gave me a N1.1 million post-dated cheque, and after six months, I contacted him to tell him I couldn’t deliver the check anymore.”

Advertisement

“He also stated that he was on a business trip.”

“On two instances, the defendant paid me N90,000, and I have not received any further funds from him.”

Advertisement
RALSO READ  Nigerian man, 38, is found dead London jail while awaiting sentence for trafficking dozens of young girls across the UK in £500,000 shop fraud scam

“I observed he got a new Toyota Camry car for his wife and I inquired about it because he said he didn’t have any money,” Okam explained.

He claimed the defendant promised to meet him in Jabi in 2016 and handed up an Ecobank cheque for N1,050,000.

Advertisement

“I submitted the check at the bank when it was due, and it bounced again.”
“At that point, I reported him to the Area Commander’s office at the Kubwa police station,” he explained.

The check, witness statement, and memorandum of understanding were all presented to the court and were accepted as exhibits.

Advertisement
RALSO READ  EFCC arrests 30 internet fraud suspects in Abuja

Judge Muhammad Adamu, on the other hand, postponed the case until Nov. 11 to allow for cross-examination.

The prosecution had previously requested that the trial be held in the absence of the defendant, citing Section 352 (4) of the Administration of Criminal Justice Act (ACJA).

Advertisement

He claimed that the defendant for whom the court had issued an arrest warrant had fled the jurisdiction of the court and could not be located.

 

Advertisement

READ MORE >>> Maina’s Son, Faisal Sentenced To 14 Years Imprisonment For Money Laundering

Advertisement
X