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Estate agent docked over alleged N5m fraud

By Aniema Umoh

Lagos—A 37-year-old estate agent, Bosun Shoyoye, who allegedly stole N5 million was yesterday arraigned before a Lagos Magistrate’s court at Igbosere.

The defendant, who resides at Imedu Awoyaya, in Eti-Osa Local Government in Lagos is facing a two-count charge of conspiracy and theft.

The prosecutor, SP Eshiet Eshiet, told the court that the defendant committed the alleged offence in September at Ibeju Lekki area of Lagos State.

He further told the court that the defendant stole the N5 million from one Adebayo Adegbola under the guise that he was a reputable project manager, and that he had handled several estates projects for several people, which he knew to be false.

According to Eshiet, the offence committed was contrary and punishable under Section 312, 267 and 285 of the Criminal Law of Lagos State, 2011.

However, the defendant pleaded not guilty to the charge and the magistrate, Miss Olanike Olagbinde, granted him N500,000 bail with two sureties in like sum.

The case was adjourned to December 15 for mention.

 


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