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TODAY
January 27, 2021
Justice Sherifat Solebo of an Ikeja Special Offences Court has fixed March 4 for arraignment of a businessman, Oladapo Olagundoye, and his company Morobone Nig. Ltd. over alleged $490,000 fraud.
Newsmen reports that Special Fraud Unit (SFU) of the Nigeria Police Force had in August 2020 filed a two-count charge of conspiracy and obtaining under false pretences against the defendants.
However, the defendants did not appear in court for the case.
According to counsel to the SPU, Mr Chukwu Agwu, Olagundoye and his company fraudulently obtained $490,000 from Infrastructural Development and Energy Company Ltd. (INDECO) sometime in March 2018 on Lagos Island.
He said: “The defendants falsely represented that, in conjunction with Wyndham Hotel Group, an American Hotel Group, they had a joint hotel project contract. ....

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