A 40-year-old man, Olajide Isaac, on Tuesday appeared before an Osun Magistrates’ Court in Modakeke-Ife over alleged N90, 000 fraud.
Isaac is facing two-count charge of fraud and stealing to which he pleaded not guilty.
Magistrate Bose Awosan granted the accused bail in the sum of N50, 000 with one surety in like sum.
The magistrate directed the surety to swear to affidavit of means, reside within the court’s jurisdiction and produce two recent passport photographs as well as be a landed property owner.
Earlier, the Prosecutor, Sgt. Ona Glory, had told the court that the accused committed the offence on Jan. 14 at about 2.00 p.m. at Itaasin Street in Modakeke-Ife.
Glory said the accused fraudulently obtained the sum of N90, 000 from one Funmilayo Ademiluyi on the pretence that he had a shop to let.
Glory said that it was under that pretence that the accused stole the sum of N90, 000 belonging to Ademiluyi.
He said that the offence contravened Sections 383 (1) 390 (9) and 419 of the Criminal Code, Laws of Osun, 2002.
The case was adjourned until Jan. 1, 2018 for hearing. (NAN)