Car dealer bags N500,000 bail over N2.5m fraud

Magistrate-court

A Wuse Zone 2 Chief Magistrates’ Court on Friday in Abuja, slammed a N500,000 bail on a car dealer, Jafaru Musa for fraudulently obtaining N2.5m to import car.

The senior magistrate, Fatima Bukar, who granted him bail, also gave him the order to produce a reasonable surety within the jurisdiction of the court and adjourned the case till Nov. 14, for hearing.

The defendant is facing a two-count charge of criminal breach of trust and cheating.

According to the prosecutor, John Simon, one Mohammed Manko of the Jahi, Abuja, had reported the incident in a petition to the Police Area Command Maitama, FCT, on Oct. 10, 2016.

Simon said that in June this year, the complainant entrusted the defendant with the sum N2.5 million to buy a car for him from United States of America for him.

He said that the defendant assured the complainant that the car will arrive the country in the next two months.

He said that after the two months elapsed, the defendant kept on giving the complainant flimsy excuses and failed to keep them to the terms of agreement.

Simon said that when Manko threatened to report him to the police, the defendant confessed to have invested the money in another business to yield him profit before purchasing the car for the complainant.

The prosecutor said that the offences contravened Sections 312 and 322 of the Penal Code.

The defendant however pleaded not guilty to the charges leveled against him.

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