Two Businessmen Arrested For N34m Fraud By EFCC In Lagos

A prosecution witness, Clever Ibrahim, has told Justice Olusola Williams of the Special Offences Court sitting in Ikeja, Lagos how two businessmen, Olufunmilade Adeyemi, Managing Director, Stealth Communication Limited, and Oganla  Oladimeji, allegedly obtained the sum of N 34,800,000.00 (Thirty-four Million, Eight Hundred Thousand Naira) under false pretence.

The suspected fraudsters were arraigned alongside a company, Stealth Communication Limited, sometime in July 2018 on a 10-count charge bordering on obtaining by falsepretence and possession of forged documents.

One of the counts reads: “That you, Olufunmilade Adeyemi, aka Alexander Moses, Stealth Communication Limited sometime in 2016 at Lagos within the Lagos judicial division, with intent to defraud, obtained the sum of N24, 000,000.00 (Twenty Four Million Naira) from Atu Okechukwu by falsely representing that the money was for the sale of some plots of land located at Complete Leisure Estate, Sangotedo area of Lagos State , which representation you knew to be false and committed an offence contrary to Section 312 (3) of the Criminal Law of Lagos State No 11 of 2011.

At the resumed hearing on Monday, September 17, 2018, Ibrahim, an operative of EFCC, told the court that the defendants had sought the service of the complainant, Blessing Obiakwu, to source for prospective buyers for some non-existent pieces of land, obtained money for the said lands and also issued receipts.

Led in evidence by the prosecution counsel, M.N. Anana, Ibrahim further said that “While investigation was ongoing, the first defendant was nowhere to be found and all efforts to locate him at his known addresses proved abortive. He was, thereafter, declared wanted.

“Sometime in March 2018, we got a call from the Economic and Organised Crimes in Accra, Ghana that the two defendants had been arrested. On getting to Ghana, we discovered that the second defendant had been released. So, we extradited the first defendant back to Nigeria.