The police in Ibadan, Oyo State, have sued a 37-year-old woman, Oyeranti Martins, at an Iyaganku Magistrates’ Court, Ibadan for allegedly obtaining N7million under false pretence.
Martins, of Plot 6, Afolabi Femi Street, All Saint Road, Idi-Ishin, Ibadan, is facing a five-count charge on obtaining money under false pretence.
The prosecutor, Salewa Ahmed, told the court that the accused committed the offences between 2014 and 2015.
He said: “Martins fraudulently collected N6 million from Osubu Adenike on the pretext of selling shares of First City Monument Bank to her.
“She also fraudulently collected N1million from Florence Oluwawemida on the pretext of selling shares to her, knowing same to be false.”
Ahmed said the accused converted the N7million collected from the complainants to her use.
He said the offences contravened sections 383, 419, 516 and 390 (9) of the Criminal Code, Cap 38, Vol. II, Laws of Oyo State, 2000.
The accused pleaded not guilty.
The Magistrate, Mrs. M.A. Amole-Ajimoti, granted the accused bail at N500,000 with two sureties.
She said one of the sureties must be a relation of the accused and adjourned the case till December 22 for mention.