NewsExpress advert FCMB banner
Lawyer, 2 others remanded in prison for N155m property fraud

By Moji Eniola on 20/02/2018

Share on facebook Yahoo mail icon Gmail icon Share on Google+

Views: 417

A Lawyer, Idowu Michael, was on Monday at an Ikeja High Court, Lagos, remanded in prison alongside two others for defrauding an unsuspecting man of N155 million in property transactions.

The two other suspects are Mukaila Fakos and Rasaq Adeshina.

Justice Hakeem Oshodi ordered the remand of the trio following their not guilty plea to an 11-count charge of conspiracy to effect an unlawful purpose.

The charges also included fraudulent disposal of trust property, stealing, obtaining money by false pretense, forgery and unadulterated uttering of false document among others.

According to the prosecution led by Mr Emmanuel Jackson, the defendants alongside two others, Babatunde Smith and Adigun Smith, who are at large, conspired to commit the offences in 2009.

He said the accused perfected the unlawful and unauthorised sale of property belonging to Mr Idowu Balogun at No 2, Kayode Taiwo St., Magodo in Lagos without his permission or consent.

“Adeshina and Fakos sold the landed property to Micheal for N35 million and fraudulently converted the money to their own use and benefit.

“In 2010 at Ikeja, they conspired to obtain the sum of N120 million from Lanre Obiesan by false pretence.

“They falsely represented to Obiesan that they were authorised to sell the land property located at No. 5c, Micheal Ogun St., GRA Ikeja, Lagos.

“The accused unlawfully sold the property belonging to Mr Idowu Balogun and Musbal Nig. Ltd to Obiesan.

“They also forged documents titled ‘Special Resolution of Musbal Nig. Ltd’ dated Dec. 8, 2010, ‘Form CAC 7’ and ‘Consent Letter by Ayoola Fakos’.

“They also uttered the false documents to Guaranty Trust Bank through its member of staff to act upon as genuine,” Jackson said.

The offences are in violation of Sections 390(9), 434, 465, 467, 516 and 518(6) of the Criminal Code Laws of Lagos State 2003.

The offences are also in violation of Sections 1(1)(a), 1(3) and 8(a)

of the Advance Fee Fraud and Other Related Offences Act of 2006.

Justice Hakeem Oshodi adjourned the case till Feb. 26 for the hearing of the defendants bail application. (NAN)

Source News Express

Posted 20/02/2018 02:30:05 AM


Share on facebook Yahoo mail icon Gmail icon Share on Google+



REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...


You may also like...
Adamawa governorship: More troubles for Ribadu

AFRICMIL proffers solution to hate speech and ‘fake...

BRANDish to discuss way forward for Nigerian banks...

Anambra CLO tasks INEC on voters registration exercise...

Nigerian breaks world record in reading

Hope rises for end to LAUTECH crisis

Group lambasts Ekweremadu over coup scare

R-E-V-E-A-L-E-D: Why FG sacked Enejere as UNN Pro-Chancellor...

Tension in Adamawa over demolition of shops ahead...

Group commends INEC for shifting date of Rivers...

Ekiti University students protest alleged manipulation of union...

Troops ambush Boko Haram terrorists


Latest News 500 Chinese companies to recruit workers in Anambra Militants give FG ultimatum to reinstate Boroh or face fresh attacks Dapchi Abductions: Military was alerted about Boko Haram operation but failed to act — Amnesty International Imo 2019: Madumere steals show at APC State Executive Council meeting Land Use Charge: Real Estate sector stakeholders hail 50 per cent reduction by Lagos Government Special Report: The travails of Nigeria’s cancer patients •The odds against them Maritime sector has capacity to catalyze economic growth, says NIMASA DG IGP Ibrahim Idris’ order to return firearms suspicious and absurd — Bishop Ezeokafor EFCC re-arraigns Dasuki’s ally over N600m ONSA fraud CPC intervenes for Nigerians as Ford recalls 1.4m vehicles China threatens military and diplomatic action against U.S. Trump seeks death penalty for drug traffickers to curb US opioid abuse


Most Read Nigerian female sex addict opens up, says ‘I like it with both men and women’ (332,473 views) NUDE PHOTO OF OMOTOLA JALADE-EKEINDE surfaces online (325,163 views) Shameless Genevieve Nnaji exposes breasts in public (260,883 views) Finally named: The full list of friends of Nigerian female sex addict who prowled Facebook (214,419 views) Igbo scholar disgraces Femi Fani-Kayode •Demolishes claims on Igbo/Yoruba history with facts and figures (198,044 views) OLUMBA OLUMBA OBU (the one who called himself God) IS DEAD (192,471 views) Breaking News: POPULAR REVEREND CONVERTS TO ISLAM in Kaduna (Nigeria) (167,731 views) OBJ’s son reported dead in Lagos plane crash •Names of more victims emerge (150,441 views) THE FINAL DISGRACE: Igbo scholar unleashes more facts about Igbo/Yoruba history, finishes off Femi Fani-Kayode with second article (143,195 views) My wasted years in Olumba Olumba Obu’s Evil Brotherhood (133,291 views) Lagos plane crash: Journalist releases victims’ names (132,642 views) Gunmen kill ASP, 2 other police officers in vain bid to kidnap Rivers PDP chieftain (125,919 views)


Categories Advertorials (3) African Press Organisation (81) Art & Literature (34) Business & Economy (2,973) Business Verdict (36) Columnists (814) Complaints & Requests (94) Enterprise & Opportunities (207) Entertainment (455) Features (554) Global Business Monitor (239) International (1,858) Interview (146) Live Commentary (28) Love Matters (114) News (33,751) Opinion (896) Pidgin (10) Politics (4,627) Religion (701) Sports (1,457) Stock Watch (28) AMA & Al Jazeera Global Update





Football Highlight -- BARCELONA - CHELSEA 3:0


APO Group Partner




REVEALED: 3 natural ways to get stronger erections, last 25minutes on bed, and increase manhood size without using drugs. Also, Natural Prostrate Enlargement Remedy.. Get In HERE...

GOCOP Accredited Member

GOCOP Accredited member



Africa Media Agency and Al Jazeera