By Sade Adewale, Ondo

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Five men who claimed to be Bureau de Change operators have been remanded by an Ondo Magistrates’ Court for obtaining 50,000 pounds worth N39,600,000 in Nigeria currency from a man under the pretence of converting the sum to Naira.

The defendants are; Muhammed Bube, 42; Muhammed Shaibu, 39; Kelvin Edugie, 26; Aigbekian Destiny, 29, and Reuben Harmony, 32.

The police charged the defendants to court on three counts of conspiracy, fraud and stealing.

They were alleged of committing the offences on March 28, 2022, at No. 15, Oladimeji Close, Abimbola Street Ondo, contrary to Section 383 and punishable under Sections 516, 419 and 390(9) of the Criminal Code Cap. 37, Volume 1 Law of Ondo state of Nigeria 2006.

The charge sheet read in part,” That you, Muhammed Bube, Muhammed Shaibu, Kelvin Edugie,  Aigbekian Destiny, and Ruben Harmony, on the same date, time and place in the aforementioned magisterial district did steal the sum of 50,000 worth N39,600,000, property of Olusola Adekungbe, through an account number 0022954322 with GT Bank and name: Introit Consulting Limited; Account numbers -2179196623 and 1452127846 of Muhammed Bube with Zenith and Access Banks Plc respectively.

The pleas of the defendants were not taken.

While informing the court of the incident, the prosecutor, Insp Bernard Olagbayi, applied that the defendants be remanded in Segede Correctional Centre pending  advice from the Director of Public Prosecutions (DPP).

The lawyer for the defendants, Barrister C. I Ugbebo and A. Folarin applied for the bail of the defendants in most liberal terms.

The presiding Magistrate, Mrs Charity Adeyanju refused the bail application and ordered that the defendants be remanded in Segede correctional home pending advice from the DPP.

Adeyanju, therefore, adjourned the case till June 21, 2022, for issuance of the advice.