Mr. Akogwu, 28, and Mr. Nda-Oni, 37, both residents of Block 116, Flat 2, Jakande Estate, Lekki, are facing a two-count charge of conspiracy and obtaining under false pretence...
According to NAN, the prosecutor, Insp Chidi Okoye, told the court that the accused committed the offences on January 22, at No 4, Agungi Ajiran Road, Lekki, Lagos.
He said that the accused induced their victim, Tobias Chinedu, to enter into an agreement to invest the N1.7 million in their diesel business for a percentage of the profit.
“They sold Chinedu the idea of depositing the sum of N1.7 million into their account with Sterling Bank in order to boost it and enable them to receive sponsorship from the bank.
"Three of them then signed the agreement in the presence of one of the pastors of the church, namely, Pastor Sunny Chukwu. Chinedu was meant to get back his money from them after three weeks but after more than one month, he got nothing."
Insp Okoye said that Chinedu later found out that the money in the account had been cleaned out and that the said diesel business was a fraud.
The offence contravened Sections 409 and 312 of the Criminal Code, Laws of Lagos State, 2011.
When the charges were read to them, Victor Akogwu and Emmanuel Nda-Oni pleaded not guilty. The Magistrate, Oyindamola Ogala, granted them bail in the sum of N500,000 each with two sureties each in like sum.
That case was adjourned to May 6 for trial of the accused persons