Chartered accountant docked for stealing C of O, to obtain N13m loan from Access Bank, Unity Bank

Chartered accountant docked for stealing C of O, to obtain N13m loan from Access Bank, Unity Bank

A 43 year old chartered accountant Ifeoluwa Okunsanya was on Monday arraigned before an Igbosere Magistrate’s Court over alleged stealing of a Certificate of Occupancy to obtain loan from Access Bank and Unity Bank.

The defendant who has no fixed address is facing a three-count charge bordering on conspiracy, stealing and breach of peace preferred against him by the police.

Read also: Accountant’s husband caught cheating in bed

The defendant was said to have used the Certificate of Occupancy to secure a loan of N13million ‎from two banks.

It was gathered that the defendant and some others still at large conspired to commit the alleged offences sometime ‎in 2006.

The prosecutor Inspector Steven Molo told the court that Okunsanya ‎sometime in 2006, at Millennium Grammar School, Ojodu stole a Certificate of Occupancy of a landed property to secure a loan of N5million, from Access Bank Plc Surulere Branch.

The prosecutor also alleged that ‎on the same year; the defendant used the stolen Certificate of Occupancy to get a loan of N8million, from Unity Bank Plc at Idumota Branch.

Molo further told the court that the defendant sometime in 2010 conducted himself in a manner likely to cause breach of peace.
The prosecutor said that the offences committed is punishable under sections 409, 285 and 166 (a) of the criminal law of Lagos state 2011.

However the defendant pleaded not guilty to the charge preferred against him.

Defence lawyer, Ikechukwu Animam, however, urged the court to grant his client bail as ‎the offence committed is bailable.

But the prosecutor opposed the application on the grounds that from the antecedents of the defendant he might escape if granted bail since he has no fixed address and that it would be very difficult for the police to get him.

In his submission Animam, said he was opposing the prosecutor’s submission that the defendant did not have a fixed address.

He said ” the defendant has a fixed address, it is because of the way the police has been harassing him that made him not to disclose his address‎.

After listening to the submissions of the prosecutor and the defendant’s lawyer, Magistrate Mrs Abimbola ‎Komolafe granted the defendant bail in the sum of N500, 000, with two responsible sureties in like sum.

The sureties must be gainfully employed and must be blood relations, to the defendant, and also show evidence of three years tax payment to Lagos state Government.

The court added that the sureties should pay a N100, 000 each to the court registrar’s account. The case was adjourned till September 20, for mention.


Related Articles

Security Detail shoots at LG boss, Says he acted under demonic influence

The chairman of Ndokwa East Local Government Area of Delta State, Mrs. Nkechi Chukwurah, cheated death after she survived several

Illicit drug: Court adjourns trial of two Diamond Bank Managers till July 8

A Federal High Court in Lagos, on Monday, adjourned further trial in a criminal charge filed against two managers of

EBONYI GOVT SHUTS DOWN STRIP CLUB

Ebonyi State Government has shut down, Brifina Gardens, a hotel that doubled as strip club over bizarre sexual acts, illicit


x

Related Posts

Cynthia Osokgu's murder :Two to die by hanging for killing Facebook friend
After four years of legal battle, a Lagos High Court presided over by Justice Olabisi Akinlade on Thursday found two of the suspected killers of ...
Iyabo Ojo stays silent on Apostle Johnson Suleiman romance rumour in her latest Instagram post
Actress Iyabo Ojo ignored claims making the rounds that there is a close romantic friendship between her and the General Overseer of Omega Fire M...
Pastor arrested for planting explosive in church
A 57 year old Pastor, Abel Eku, has been arrested by the Edo State Police Command for attempting to blow up the headquarters of the Christ Chosen...
powered by RelatedPosts