By Oluwadamilola Akinduro

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A 26-year-old barber, Hammed Akanni, has been arraigned before an Akure Magistrate’s Court over alleged N270,000 fraud.

Akanni committed the offence on January 8, 2023 at about 6:28pm at ljomu in Akure.

According to the police prosecutor, Taiwo Oniyere, the defendant unlawfully converted the sum of N270,000 he borrowed from one Panu Femi to his own use.

Oniyere  told the court that the defendant failed to return the money borrowed from Panu Femi.

The offence committed is contrary to Section 383(f) and punishable under Section 390(9) of the Criminal Code Cap, 37. Volume 1 Laws of Ondo State of Nigeria, 2006.

Akanni pleaded not guilty to the one-count charge leveled against him.

The prosecutor applied for adjournment date to enable him study the case file.

Counsel to the defendant, T.l Owoeye, did not object to the application for the adjournment made by the prosecutor. But he prayed the court to grant his client bail in liberal terms.

In his ruling, Magistrate O.L Abu granted the defendant bail in the sum of N100,000 with two sureties in like sum and adjourned till February 10, 2023, for definite hearing.