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Man Arraigned for Defrauding 100 tenants N37 million
 
By:
Thu, 7 Nov 2013   ||   Nigeria,
 

From Lagos State, CEOAFRICA.com gathered that the long arm of the law caught up with one landlord who was arrested and arraigned by men of the Economic and Financial Crimes Commission, EFCC, for allegedly defrauding over 100 prospective tenants of N37 million.

It was revealed that Alhaji Ishola Salawudeen, who was arrested at 89, Oriola Street in Alapere Ketu, is also facing similar charges at Lowe Street, Ikorodu when he defrauded over 33 tenants with pretext of giving them accommodation on the platform of his company, Shotex Construction Investment.

At the Ebutte Meta Magistrate Court 5, it was also revealed that Salawudeen is standing trial for similar case in court 10 at Ebutte Metta.

It was gathered that the defendant had issued various receipts to the tenants through Segun Afolabi who was his secretary and receiver of the rents paid.

At the trial, Magistrate  Dami Ajayi said the case was a serious one that should be addressed accordingly, adding that what matters most to the tenants is how to retrieve their money, advising that the defendant could discuss with them if he wish the matter to be settled out of court.

The Magistrate said if no agreement is reached between prosecution and defence councils after both parties have met, then they should appear before the court on the 23 of December.

She said: “From findings today, there are two cases against Alhaji in Court 10 and Court 5, and also Alhaji wants to settle few out of the hundred of people he defrauded.”

The over 100 tenants’ representative, Moses Ezeigbo said they do not want to settle out of court, that the defendant should pay their money completely

 

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