Businessman in court for allegedly swindling partner of N13.5m

A businessman, Shuaibu Abdullahi on Moday appeared in a  Wuse Zone Six Chief Magistrates’ Court, Abuja, for allegedly swindling his business partner of N13.5 million.

The police arraigned Abdullahi, who resides at Make Suleja, Niger, on  a three-count charge of criminal breach of trust,  cheating and  criminal misappropriation.

The prosecution counsel, KufreAbasi Ebong told the court that the complainant, Aisha Maidunama of Gaduwa Estate, Abuja reported the matter to the office of the  Commissioner of Police, FCT Command in June.

Ebong. said that the defendant  sometimes in 2018 deceived the complainant to enter into a business transaction  of buying and selling of rice flour with him.

He said that the complainant in addition  transferred N13.5 million into the defendant’s bank account

He asserted that however, the defendant instead of  keeping to his part of their agreement of supplying the flour, converted the money to his personal use.

The prosecutor said that the defendant disappeared until he was arrested by the police.

The prosecution counsel said the offence  contravened the provisions of sections 312, 322  and 309 of the Penal Code.

The defendant pleaded not guilty.

Magistrate Linda Chidama admitted the defendant to bail in the sum of N500, 000 with two sureties in like sum, one of which must be a civil servant on GL08 or above.

She adjourned the case until Sept.7, for hearing. (NAN)