Nigeria’s Economic and Financial Crimes Commission (EFCC), Ibadan Zonal Command, Oyo State, Nigeria, on Tuesday October 12, arraigned one Toluwalade John Olateru Olagbegi before Justice Uche Agomoh of the Federal High Court sitting in Ibadan on one count charge bordering on obtaining money by false pretense to the tune of Thirty-Five Million, Five Hundred Thousand Naira (N35,500,000:00).
A statement released by the Head of Media & Publicity of the Commission, Wilson Uwujaren, stated that the Owo Prince, Ondo state, who resides at Bodija, Ibadan, allegedly collected the sum from the complainant on the pretext of trading in forex.
The defendant pleaded ‘not guilty’ when the charge was read to him.
Justice Agomoh thereafter ordered the remand of the defendant in the Nigerian Correctional Centre, Agodi and adjourned the case till October 25, 2021, for hearing of the bail application and November 15, 2021 for commencement of trial.