businessman, Taoreed Kafo,
was on Friday arraigned
in Lagos for allegedly
obtaining the sum of
N10 million under false
Kafo, however, who
pleaded not guilty to the
charge, resides at No. 4
Macaulay St., Lagos Island,
Lagos, and appeared at a
Yaba Chief Magistrates’
Court, Lagos, on a twocount
charge of obtaining
under false pretences and
The Prosecutor, Insp.
Roman Unuigbe, told the
court that the accused
committed the offences
sometime between April
3, 2013 and Dec. 29, 2014
at No. 161 Tokunbo, Off
Freeman St., Lagos.
Unuigbe said that the
accused obtained the sum
of N10 million from the
complainant, one Basirat
Oredoyin, under the pretext
of using the money for a
He explained that the
complainant, who is a
former wife of the accused,
sold her house to help
the accused build a hotel
which he successfully
The prosecutor said
that the accused had since
2014 failed to repay as
promised and said that the
complainant’s efforts to get
her money back from her exhusband
proved abortive.
According to the
prosecutor, the offences
contravened Sections 285
and 312 of the Criminal
Law of Lagos State, 2011
and Section 312 in particular
prescribes seven years
imprisonment for anyone
found guilty of obtaining by
false pretence.
The Chief Magistrate,
Mr P.A Ojo, granted the
accused bail in the sum of
N500, 000 with two sureties
in like sum. He adjourned
the case till March 16 for
substantive trial. NAN

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