The Economic and Financial Crimes Commission, (EFCC), Lagos Zonal Office, yesterday arraigned one Noah Adesoyin before Justice Sherifat Solebo of the Special Offences Court, Ikeja, Lagos State on a one-count charge of stealing to the tune of N24, 000, 000.00 (Twenty-four Million Naira) belonging to one Noel Abdullahi.
The defendant allegedly defrauded the victim when the victim approached him for the purchase of one of his properties: a two-bedroom flat under construction, situated at Cornelius Odinjor Cresent, Chevy View Estate, Chevron, Lagos State for the agreed price of N25 million.
The victim allegedly paid the sum of N24 million to the defendant and was to pay the N1 million balance when the property was completed which both parties agreed to.
After several months of collecting the said N24 million, the property was yet be completed by the defendant, leaving the property uninhabitable and all request for the refund of the money equally failed.
The charge reads: “That you Noah Adesoyin, sometime in the month of November 2016 at Lagos within the Lagos Judicial Division, stole and fraudulently converted the sum of N24, 000, 000.00 (Twenty-four Million Naira) paid to you by one Mr. Noel Abdullahi for the purchase two bedrooms.”
The defendant pleaded not guilty to the charge, following which
prosecution counsel, Nguper M. Tertsua asked the court for a trial date and for the defendant to be remanded in the custody of a correctional centre.
Counsel to the defendant, O.A. Kolade, however, informed the court that a bail application has been filed and served on the prosecution.
However, Justice Solebo told the defence counsel that the bail application was not ripe for hearing.
He adjourned the case till 18 March 2020, for the hearing of the bail application and ordered that the defendant be remanded in a correctional facility, pending the determination of the application.