EFCC Arraigns Adeniji For N235Million Fraud

The EFCC on Wednesday May 13, 2015 arraigned one Kayode Gabriel together with his companies, and in court.

Adeniji was brought before Justice Yusuf Halilu of the High Court of the Federal Capital Territory sitting in , on a five- count charge bordering on criminal breach of trust, and fraudulent conversion of property.

The accused are being prosecuted for allegedly defrauding the complainant, Mrs. , owner of a parcel of land situated at Plot 19, Gwarimpa 1, Cadastral Zone CO2, Abuja, to the tune of  N235 million (Two Hundred and Thirty-Five Million ).
Both Adeniji and had initially signed a Memorandum of Understanding, MoU, for the development of the property, but the former defaulted, thereby making it impossible for the parties to draw up a proper property agreement.
One of the counts reads:

“That you Kayode Gabriel Adeniji; Kabriel Global Concept Limited and Mide Landmark Ventures Limited on or about January 2013 within the jurisdiction of this Honourable Court did conspire among yourselves to dishonestly convert to your own use proceeds from the sale of fractions of plot number 19 Gwarimpa 1, Cadastral Zone C02, Abuja belonging to Mrs. Christiana Adetola Makanjuola, thereby committed and offence contrary to section 96 of the Penal Code and punishable under Section 97 of the same Code.”

The accused person pleaded not guilty to all the charges when they were read to him.
, however, ordered that the accused be remanded in pending the determination of the bail application and adjourned the matter to June 8, 2015 for commencement of trial.

We hope you enjoyed reading the above post. How about helping us share the information to your fans and friends on social media? Meanwhile, you can rely on us daily for the latest and relevant free forex trading signals, free forex trading market news, free forex trading technical levels, weekly Pool draws, latest news from Nigeria and the world, educational articles and quality academic information, insurance news and scientific knowledge.

Do you need a classical ORGANIST or an excellent music teacher? CALL Fabian on 08033983034 or email him at agfab2013@gmail.com

Follow us on twitter @newsbeatportal

learn how to make profit from your losing bets on nairabet, bet9ja, merrybet, surebet. 07030635051
Engage #SantexTech today to build & install inverters, training on inverters & other electronic designs, projects/kits. Call 08039574535

Click to join Talk Nigeria Today, a group where hot, controversial, and breathtaking issues are brainstormed upon.

Konga Verified Blogger

Leave a Reply