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An FCT High Court, Gwagwalada on Thursday granted N10 million bail to Victor Nkereuwen, the Managing Director, Isidehe Global Investment Ltd, for allegedly issuing a N3 million dud cheque.
Thank you for reading this post, don't forget to subscribe!The police charged Nkereuwen on four counts bordering on criminal conspiracy, criminal breach of trust and issuance of dud cheque.
In his ruling, Justice Aliyu Shafa ordered that the defendant must produce two sureties who must reside within the court’s jurisdiction.
Shafa ordered that one of the sureties must be a civil servant not beyond Level 12 and the other surety a businessman or woman with business within the jurisdiction of the court.
He said that the sureties must provide their driver’s license or National Identity Card and also swear an affidavit of means.
Shafa, however, adjourned the matter until Oct. 31 for hearing.
Earlier, the Prosecution Counsel, DSP Peter Ejike alleged that the defendant and others now at large conspired and used the defendant’s company to defraud one Ms Jennifer Aneke of N5 million.
Ejike said the defendant collected the said sum under false pretence for the sale of a plot of land he claimed was his sometime in 2021.
He said that the defendant used his company’s FCMB cheque and issued a dishonoured cheque of N3 million to the complainant when she requested a refund of her N5 million.
The offence he said contravened the provisions of Sections 96, 311, Section 1 of advance fee fraud and Section 1(a) and punishable under Section 1(b) of the dishonored cheque offences Act.
The defendant, however, pleaded not guilty.
The defence Counsel, Mr Samson Esekhaigbe filed a bail application and prayed for the court to grant his client bail on most liberal terms.
Esekhaigbe cited Sections 158, 162, 163 and 164 of the Administration of Criminal Justice Act (ACJA) 2015, saying that the defendant would not jump bail nor interfere with police investigations if granted.
Alleged dud cheque: Court grants CEO, Nkereuwen N10 million bail
