A 45-year-old developer, Surajudeen Baruwa, who allegedly obtained N2.3m under false pretences, was on Thursday brought before an Ikeja Magistrates’ Court.
Baruwa of No. 8, Sanusi St., Ijeshatedo, Surulere, Lagos, is facing a two-count of fraud and stealing to which he pleaded not guilty.
The accused, who claimed to be a developer, allegedly collected N2.3m from the complainant, Mr Titus Ekweme, on the pretext of selling half plot of land to him at Amuwo-Odofin area of Lagos.
The prosecutor, Insp. Simeon Imhonwa, told the court that the accused, after collecting the money, disappeared and could not be reached phone as it was switched off.
“Baruwa was given the N2.3m for half plot of land at Amuwo-Odofin but he converted the money to personal use and absconded.”
He said the accused, who committed the offences on June 10, 2014, at his residence, was recently apprehended by the police.
The offences contravened Sections 285 and 312 of the Criminal Law of Lagos State, 2011.
Section 285 prescribes three years imprisonment for stealing, while Section 312 provides a 15-year jail term for obtaining credit by false pretences.
Ruling on the bail application of the accused, the Chief Magistrate, Mrs B.O. Osunsanmi, granted him bail in the sum of N500,000 with two sureties, who must be gainfully employed.
Osunsanmi adjourned the case until Aug. 10 for mention.