A 33-year-old man, Oluwasegun Samson, who allegedly obtained a loan of N2 million from a man, Badmus Abiodun, on the pretext of returning it after five months, was on Monday brought before an Ikeja Magistrates’ Court.
Samson, who resides at the Oshodi area of Lagos, is facing a two-count charge of conspiracy and obtaining money under false pretences.
The Prosecutor, Insp. Simeon Imhonwa, told the court that the accused committed the offences sometime in July, 2015 at the Mafoluku area of Oshodi, Lagos.
He said that the accused obtained the facility from the complainant, Abiodun, with a promise to pay back in five months.
“When the complainant called the accused after the expiration of the five months to pay his money, the accused started giving excuses.
“Abiodun said that after a while, the accused switched off his phone and started avoiding him.
“The complainant reported the case to the police, who traced the accused to his apartment and arrested him for further questioning,” Imhonwa said.
The accused, however, entered a ‘not-guilty’ plea.
The offences contravened Sections 287 and 314 of the Criminal Law of Lagos State, 2015.
The News Agency of Nigeria (NAN) reports that Section 314 prescribes a 15-year jail term for obtaining money under false pretences.
The Chief Magistrate, Mrs B.O Osunsanmi, granted the accused bail in the sum of N500, 000 with two sureties in like sum and adjourned the case until Oct. 2 for mention.
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