The police on Thursday in Abuja, arraigned a 37-year-old businessman, Christopher Chukwuwike, in a Dutse Grade 1 Area Court for allegedly defrauding his business partner of N2 million.
Chukwuwike of Shop No 18, Area 1 Bus Stop Bwari, is charged with breach of trust and fraud, to which he pleaded not guilty.
The Prosecutor, Mr Tunde Arowolo, told the court that the matter was reported by Mohammed Adamu of House 20, Shagari Low-Cost, Bwari on June 9.
Arowolo said that the defendant lured and deceived the complainant to give him N2 million on Nov. 15, 2017 under the pretext that he would repay the sum with an eight percent interest each month for six months.
“He then issued him a post dated cheque of N2, 040, 000 of Skye Bank PLC, dated June 15, 2018 .
“When he presented the check at the bank, it bounced Since then, all efforts made to recover the money proved abortive.”
Arowolo said that the defendant had earlier, during police investigation, admitted to committing the crime.
He said that the offences contravened Sections 311 and 323 of the Penal Code.
The Presiding Officer, Mr Hassan Aliyu, admitted the defendant to a bail bond condition of a surety.
Aliyu said the surety must reside within the court’s jurisdiction and should have N2 million in his or her bank account.
He then adjourned the case till Aug. 27, for mention.