Two men, Sunday Chisoyi and Emmanuel Emmanuel, have been arraigned at an Ikeja Magistrate’s Court in Lagos, for allegedly obtaining from a man, a Toyota Hiace bus worth N2.5 million under false pretence.
The defendants, Chisoyi, 40, a businessman and Emmanuel, 33, a transporter, who both reside at Iyana-Ipaja in Lagos , are standing trial on a two-count charge of fraud and stealing.
The Police Prosecutor, Sgt. Mike Unah, told the court on Tuesday that the duo and others now at large, committed the alleged offences on Jan. 14, 2018 at 2, Bakare Close, Akiode, Ojodu Berger, Lagos.
He alleged that the defendants fraudulently obtained a Toyota Hiace bus from the complainant, one Mr Jideofor Nwabude.
Unah told the court that the defendants also entered into an agreement with the complainant knowing so to be false, that they would pay for the vehicle via N200,000 monthly instalments.
The prosecutor alleged that rather than comply with the terms and conditions of the agreement, the duo absconded with the bus.
He said that the offences contravened Sections 287 and 314 of the Criminal Law of Lagos State, 2015.
The defendants pleaded not guilty to the charges.
The Magistrate, Mr A. A. Fashola, granted each of the defendants bail in the sum of N300, 000, with two sureties in like sum.
Fashola insisted that the sureties must be gainfully employed and show evidence of tax payment to the Lagos State Government as part of the bail conditions.
He adjourned the case until Aug. 26.