An Ebute-Meta Chief Magistrates’ Court in Lagos, on Wednesday arraigned one Tajudeen Oladega for allegedly obtaining the sum of N60 million from Stanbic IBTC under the pretext of constructing a filling station.

Sgt. Kehinde Omisakin, the Prosecutor, told the court that the accused committed the offences sometime in 2016 at Stanbic IBTC Bank, Idejo St., Lagos.

According to the prosecutor, the accused approached the bank for a loan of N60 million for the construction of a petrol station.

“When it was, however, time to pay back, the accused presented various cheques, which were all dishonoured for lack of sufficient funds,” he said.

The offences, he said, violated Sections 312, 319 and 419 of the Criminal Law of Lagos State 2015.

However, the Chief Magistrate, Mrs O.A. Komolafe, granted the accused to a bail of N10 million with two responsible sureties each in like sum.

The accused, however, pleaded not guilty.

The case was, thereafter, adjourned till Oct. 25, for mention.

http://www.mcebisco.com.ng/2018/09/man-allegedly-defrauds-stanbic-ibtc.html

Chai, he built the filing station inside his stomach

The man was smart, but I guess not very smart

interest free loan.

xbernardx:
Chai, he built the filing station inside his stomach

The man was smart, but I guess not very smart

...allegedly defrauds...

He remains innocent until proven guilty.

That is the usual rant from the legal practitioner

Bluezy13:


...allegedly defrauds...

He remains innocent until proven guilty.

.

Please come back when it's a heist...

[img]https://i./8ol.gif[/img]

Tajudeen Oladega

Na dem

G Boy

What sort of caricature reporting is this
He was granted loan, he didn't defraud the bank. It is cheque fraud that he committed
The man can only be incarcerated based on presentation of dud cheques
He was granted the loan with collateral which supersedes the amount he borrowed
If he fails to remit repayment, his assets should be taken over

Nothing can separate them from laziness, fraud and scam. Absolutely nothing indeed.

Jesu!!!!

Banks in Nigeria ehn...


That New Notes Criminal Syndicate in Our CBN

Man must hustle, either by hook or crook.

B

no collateral

Borrows 60millon gets bail of 10million
That's still a fraud

Q

Earthquake1:
Tajudeen Oladega

Na dem

Na who

So you gave him loan without any collateral? Interesting.

Even the banks defraud unsuspecting Nigerians peacefully on daily basis.