An Ebute Meta Chief Magistrates’ Court, Lagos, on Monday admitted a 43-year-old man, Daramola Ojo, to a bail of N3 million for allegedly defrauding a man of N24.9 million.
Ojo is standing trial on a two-count charge of obtaining money under false pretences and stealing.
The Chief Magistrate, Mrs Oluyemisi Adelaja, who gave the ruling, also said the accused should produce two sureties in like sum.
Adelaja said one of the sureties must be a blood relation of the accused with an evidence of tax payment to the state government.
Earlier, Police Prosecutor Chinalu Uwadione told the court that the accused committed the offences between August and September 2016 at No. 53, Diya Str., Ifako in Gbagada area of Lagos.
He said Ojo obtained N24.9 million from the complainant, Zaanu Jerome, on the pretext of helping him to transfer the funds to a client abroad.
The offences contravened Sections 287 and 314 (1) of the Criminal Law of Lagos State, 2015.
The case has been adjourned until Aug. 7 for mention.
(NAN)