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Friday, December 2, 2022

Court remands car dealer over N13m fraud

By Michael Ofulue, Osogbo

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A car dealer, Akanbi Babatunde, 45, has been remanded by an Osogbo Magistrates’ Court for allegedly defrauding car buyers to the tune of N13.3 million.

The defendant who was arraigned on a six-count charge of fraud and theft, allegedly committed the offence between March and August 2022 in Osogbo.

The defendant was said to have obtained the money from his victims with a promise of selling cars to them but failed and converted the N13.3 million for his own use.

Police prosecutor, Inspector Elisha Olusegun told the court that the defendant obtained N4M from one Ogungbemi Oluwafemi under the pretence of assisting him to purchase a Toyota Camry car, 2011 model.

He said the defendant also obtained N5.5M and a Venza car worth N4M from one Ademola Musliyu under the pretense of helping him to sell the car.

He further alleged that the defendant stole the sum of N300,000 from one Folarin Adekunle which makes the total of the alleged amount N13.3 million.

The offence committed is contrary to Section 383, 390(9) and 419 of the Criminal Code Cap 34 Vol. 11 Laws of Osun State of Nigeria, 2002.

The defendant, however, pleaded not guilty to the allegations slammed against him.

Defence Counsel, K.S Abioye prayed the court to grant his defendant bail in the most liberal term, noting that he would be available to face his trial.

However, the prosecution counsel objected his oral bail application

stating that the defendant might jump bail because it took the police some efforts before the accused could be apprehended using one of the victim as bait.

He added that the defendant had defrauded three other victims who had forgone the issue with him.

Meanwhile, Abioye further argued that the prosecution counsel is acting on speculations and prayed the court to discountenance the objection of the police and admit bail the defendant.

In his ruling, Magistrate Olusegun Ayilara ordered the defendant to be remanded in Ilesa Correctional Center.

The case was thereafter adjourned till August 24, 2022 for ruling on his bail application.

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