Justice

Akin Kuponiyi

A Federal high court sitting in Lagos has adjourned till the 14th of January,2025 when the trial of a Lagos Currency dealer Munzali Shehu Maigari 47, alleged to have defrauded his customers to N62,400,000 will commence.

According to four count charges filed before the court, by Police prosecuting officer Superintendent of Police Omo-Osagie M.A., it was allegedly stated that Munzali Maigari 47 and one Musa Jamilu now at large on the 9th day of September,2023 did present and represent themselves as monetary dealers who specialised in transfer and exchange of foreign currency to Naira conspired together to commit felony to wit: Fraudulent conversion, obtaining money under false presences and stealing thereby committed an offence punishable under section 516A of the criminal code.

That you MUNZALI SHEU Maigari ‘, and one MUSA JAMILU now at large on the same date, time and place within the Judicial Division of the Court with intent to defraud, did obtain the sum of Sixty-two million, Four hundred thousand (262,400,000) an equivalent of Four Hundred and Eighty Thousand Yuan (¥480,000) Chinese Currency otherwise known as RMB property of ALHAJI ISIAKA: HASSAN of 401 Road B-Close, Block 2, Flat 1, Festac Town, Lagos State paid into a Chinese Bank Account No.15491101040048847 of MANGESHAN HONGHU AUTOMOBILE TRADING CO.LTD

SP Omo-Osagie alleged further that MUNZALI SHEHU Maigari and one Musa Jamilu who is now at large on the same date time and place were alleged to have converted to their personal use sixty -two million Four Hundred Thousand Naira an equivalent of and four hundred and Eighty thousand Chinese Yuan (480,000)equivalent of Sixy-two million, Four hundred Thousand Naira (N62,400,000) property of Islaka Hasan put in their care via Chinese Account No.15491101040040847 which they provided for the electronic transfer for onward remittance to the aforesaid owner and thereby committed an offence punishable under Section 390(9) of the Criminal Code Cap “C38″ Laws of the Federation of Nigeria,2004.

The presiding Judge, Akintayo Aluko has adjourned till the 14th of January,2025 when the trial of the defendant will continue.