Court Orders Couple’s Arrest Over Alleged $2.9m USD Fraud

Court Orders Couple’s Arrest Over Alleged $2.9m USD Fraud

Justice Nicholas Oweibo of a Lagos Federal High Court, to ordered immediate arrest of a man, Mr. Cyril Fasuyi and his wife, Adunola Fasuyi, for their persistence failure to appear before the court, to a take their plea on a fraud of $2.980, 535. 76 million USD, charges filed against them by the Police Special Fraud Unit, Alagbon, ikoyi-Lagos.

Justice Oweibo, ordered the arrest of the couple, following a request made by the prosecutor, Mr. Emmanuel Jackson, a Chief Superintendent of Police (CSP).

In urging the court to issue a bench warrant against the couple, the prosecutor, CSP Jackson, who is also the Officer-In-Charge of PSFU, told the court that the couple have became evasive, since they were granted administrative bail by the police.

CSP Jackson, while directing the court’s attention to several adjourned dates,each time the matter came up with the couple not present, also said without a court order compelling the defendants to appear before it, they will never turn up to take their plea.

However, all efforts by the couple’s counsel, Mr. A. Komolafe, to halt the arrest warrant from being issued, met a brickwall, as the court discountenanced all his submissions.

PSFU in a charge marked FHC/L/438c/2018, alleged that the couple, Cyril and Adunola alongside their company,, Legacy Foods Limited and others now at large, sometimes in 2017, conspired among themselves to commit a felony, by obtaining goods worth $2.980, 535.76 million, by false pretence, from IPS Ingredis Integrated Systems Limited.

The were also alleged to have fraudulently forged a document, titled: “CBN Wholesale FX Allocation,” purporting that the Central Bank of Nigeria had sole USD 100,000 (One Hundred Thousand United States of America Dollars) to them, with intent that the said document may in any way be used or acted upon as genuine, whether in Nigeria or elsewhere, to the prejudice of any person.

The couple were also accused alleged to have sometimes in 2018, had in their possession a document titled “CBN WHOLESALE FX Allocation” which they knew or ought to have known contained false pretences that it was from one 0thuke Uyeri of FSDH Merchant Bank Ltd, purporting that the Central Bank of Nigeria had sold one hundred thousand united states of America Dollars to your company, known as Legacy Foods Ltd, when to your knowledge, the claims were not true.

The offences according to the prosecution, are contrary to Section 6, 8,  8(a) of the Advance Fee Fraud and Other Fraud Related Offences Act, No. 14 of 2006. And section  1(1)(2) of the Miscellaneous offences Act, Cap. M17, Laws of the Federation of Nigeria, 2004

editor

See author's posts