Sun. Aug 1st, 2021

Businessman Docked for Alleged Issuance Of GTB ‘Dud’ Cheque

Man Arraigned for Alleged Issuance Of GTB ‘Dud’ Cheque

Businessman Docked for Alleged Issuance Of GTB ‘Dud’ Cheque

A businessman, Mr. Williams Bamidele Salami, was today, arraigned before a Federal Capital Territory (FCT) High Court, Abuja, for allegedly issued Guaranty Trust Bank (GTB) Plc’s cheque, valued N27 million.


Salami was arraigned before Justice A. S. Adepoju, by the Economic and Financial Crimes Commission (EFCC) for the alleged offence. 

The businessman was arraigned before the Court alongside his firm, Fishgate Technologies Limited, on a count charge bordering on issuance of dud cheque. The offence which is contrary to Section 1(1) (b) and punishable under Section 1(1) (b) (i) (ii) of Dishonoured Cheque (Offences) Act, Cap 102, Laws of the Federation, 2004.

He however, pleaded not guilty to the allegation.

Following the defendant’s not  guilty plea, EFCC’s counsel, Faruk Abdullah asked the court for a commencement date of trial.

But lawyer to the defendant, Obom Benson, however, urged the court to allow the defendant to continue to enjoy the administrative bail earlier granted by the EFCC, saying that such was in line with the Federal government’s directive on decongesting the Correctional Services’ facilities due to COVID-19 pandemic.


In his ruling, the judge, Justice Adepoju conceded to the defendant’s counsel’s request and adjourned the matter to June 9, for the commencement of trial.

The charge against the businessman as contained in a statement to newsmen in Abuja, by the EFCC spokesman, Dele Oyewale, reads: “That you Williams Bamidele Salami (CEO/Chairman of Fishgate Technologies Limited), and Fishgate Technologies Limited in settlement of a credit obtained from Friday Olajide and Angelwalker Limited in Abuja, within the jurisdiction of this honourable court, issued a Guaranty Trust Bank Plc cheque number: 49283068 in the sum of N27 million (Twenty-seven million Naira) to Angelwarker Ltd; which you knew when presented within three months would be dishonoured on the ground that no sufficient funds were standing to the credit of the account upon which the cheque was drawn and you thereby committed an offense contrary Section 1(1) (b) and punishable under Section 1(1) (b) (i) (ii) of Dishonoured Cheque (Offences) Act, Cap 102, Laws of the Federation, 2004″.