A businessman, Bashir Yahaya, was on Friday docked before a Grade I Area Court in Kado, Abuja, for allegedly converting his business partner’s N400,000 to his personal use.
Yahaya, who resides at Jabi II, Abuja, is facing a two-count charge of criminal breach of trust and cheating.
The prosecution counsel, Mr Stanley Nwafoaku, told the court that the matter was reported at the Mabushi Police Station by the complainant, Kamal Adamu, on Dec.16.
Nwafoaku said that the complainant alleged that sometime in October, he gave the defendant, N400,000 to invest in their diesel business.
The prosecutor also alleged that when the complainant met the defendant on Dec. 15 to give account of the investment, he could not because he converted the money to his personal use.
According to him, the offence contravenes the provision of Sections 312 and 322 of the Penal Code.
The defendant, however, pleaded not guilty to the charge.
The Judge, Muhammed Wakili, granted the defendant bail in the sum of N300,000 with one surety, who must provide a passport photograph, any valid means of identification and a BVN printout from his bank details.
Wakili adjourned the matter until Feb. 16, 2023 for hearing. (NAN)
