An ex-banker, Atoyebi Adeyemi Akande, was today arraigned before a Federal High Court Lagos, over alleged conspiracy and fraud of N150 million, by the Legal/Prosecution department of the Force Criminal Investigation Department (ForceCID) Annex Alagbon-Ikoyi Lagos.
Atoyebi was arraigned on the charges alongside his company, Atadak International Limited, before the court presided over by Justice Ibrahim Ahmad Kala.
The prosecutor, Barrister Morufu Animashaun, while arraigning the defendant, a resident of Orisunbare, Idimu, Lagos, told the court that he committed the alleged fraud between 2021 and 2022.
Animashaun specifically informed the court that the defendant allegedly defrauded the victim, Korode Segun, under false pretence of investing the N150 million, in his oil and gas business.
He told the court that the alleged illegal acts of the defendant, contravened Sections 8(1) and 1(1)(a) of the Advance Fee Frauds and Other Frauds Related Offences Act 2006 (as amended), and punishable under Section 1(3) of same Advance Fee Fraud and Other Fraud Related Offences Act 2006 (as amended).
The defendant however pleaded guilty to the two counts charge.
Upon the defendant’s plea of not guilty, the prosecutor prayed the court for a trial date, as well urged the court to remand the defendant pending the determination of the charge.
However, defendant’s lawyer, Barrister J. O. Uttiti, prayed the court for short date to file and move his client’s bail application.
Following the counsel’s submissions, Justice Kala adjourned the matter to December 11, for trial and hearing of defendants’ bail application.
The judge however ordered that the defendant be remanded in the NCos’ custody pending the hearing and determination of his bail application.
Charges Against The Defendants Read: “that you Atadak International Limited and Atoyebi Adeyemi Akande (M) between December, 2021 and September, 2022 at Orisunbare, Idimu, Lagos within the Jurisdiction of the Federal High Court, of Lagos State conspired amongst yourselves to commit felony to wit: Obtaining by False Pretence and thereby committed an Offence contrary to Section 8(1) of the Advance Fee Frauds and Other Frauds Related Offences Act 2006 (as amended).
COUNT 2
That you Atadak International Limited and Atoyebi Adeyemi Akande (M) between December, 2021 and September, 2022 at Orisunbare, Idimu, Lagos, within the Jurisdiction of the Federal High Court, of Lagos State with intent to defraud received, the sum of N150, 000,000 (One Hundred and Fifty Million Naira), the property of one Korode Segun on false representation that you operate an oil and gas company and thereby committed an Offence contrary to Section 1(1)(a) of the Advance Fee Frauds and Other Frauds Related Offences Act 2006 (as amended) and punishable under Section 1(3) of same Advance Fee Fraud and Other Fraud Related Offences Act 2006 (as amended).
