A bureau de change operator, Hassan Shehu, who allegedly obtained 3,000 dollars under false pretext was on Thursday arraigned in an Igbosere Magistrates’ Court in Lagos.
Shehu, 40, who resides in No. 2, Igbira St., Idi Araba, Mushin, Lagos, is standing trial on a three-count charge of conspiracy, fraud and stealing.
The prosecutor, Insp. Ingobo Emby, told the court that the accused committed the offences on a Sept. 8, in Victoria Island, Lagos.
Emby said that the accused obtained the sum of 3,000 dollars, equivalent of N1.2 million from one Mr Gbenga Ogundana, under the guise of changing the money to the naira equivalent.
“The accused did not change the money, rather, he dishonestly stole it.”
The prosecutor said that the offences contravened sections 285 (5), 312 (a) and 409 of the Criminal Law of Lagos, 2011.
Section 285 stipulates three years imprisonment while 409 provides two years imprisonment for anyone convicted of the offences.
The accused, however, pleaded not guilty to the charge preferred against him.
The Magistrate, Mr W. B. Balogun, granted the accused bail of N1million with two sureties in like sum.
Balogun ordered that the sureties must show evidence of tax payments and must swear to an affidavit of means.
The magistrate also ordered that the addresses of the sureties must be verified.
He adjourned for mention of the case until Jan. 11.