A 42-year-old businessman, William Onyema, alleged to have defrauded two Britons of the sum of 3.1 million pounds sterling, was yesterday charged before an Igbosere Magistrate’s Court, Lagos.
The defendant whose address was not given is facing a three count charge of conspiracy, fraud and stealing, preferred against him by the police.
The prosecutor, Inspector Idowu Osungbure told the court that the defendant committed the alleged offences between 2011 and 2015, in Lagos.
He said that the defendant allegedly conspired with another still at large to obtain the sum of 3.1 million pounds sterling equivalent of N927.4 million, from two Britons; one Mr Marek Lewonowski and one Mr Darren Collins.
Osungbure, also alleged that the defendant obtained the said money under pretext of investing it in a property developing business for the Britons but converted it to his own use.
The prosecutor alleged that the defendant knew that the representation he made was false.
According to him the offences committed is punishable under sections 285, 312 (1) (3) and 409 of the Criminal Law of Lagos State, 2011.
Section 312 provides 14 years imprisonment, section 285 provides three years imprisonment while section 409 provides two years imprisonment for such offences.
However, the defendant pleaded not guilty to the charges.
Counsel to the defendant, Mr Adesegun Talabi, urged the court to admit the defendant to bail on liberal terms, stating that there was no proof of evidence before the court and that there was no complaint in the matter, adding that it was just a lawyer that alleged that he received a call from the Britons, as the defendant was arraigned based on the petition written by a lawyer.
The magistrate, Mr B.A. Sonuga, admitted the defendant to bail in the sum of N5 million with two sureties in like sum.