The police in Osun, on Thursday, brought a 21-year-old man, Adejimi Adepoju, before an Ile-Ife Magistrates’ Court for alleged fake transfer.
The Prosecutor, Insp Sunday Osanyintuyi, earlier informed the court that the defendant committed the offence on April 3 around 3.30 p.m. at Block 25, shop C, New Market, OAU, Ile-Ife.
The Defendant, however, pleaded not guilty to the one count charge of fake transfer.
Osanyintuyi said the defendant defrauded Victor Olawale by unlawfully collecting one iPhone XR valued at N180,000 and faked the transfer of the money to the owner of the shop, Victor Olawale.
He stated further that the offence contravened section 157 of the Criminal Code, Laws of Osun, 2002.
The Defence Counsel, Mr Samuel Obi, applied for the bail of the defendant in the most liberal terms and promised that his client would not jump bail, but would provide reliable sureties.
Magistrate Taofeek Badmus granted the bail of the defendant in the sum of N500,000 with two sureties in like sum.
Badmus added that the sureties must swear to an affidavit of means, reside within the court’s jurisdiction, and that one of the sureties must be the defendant’s blood relation.
He stated further that the second surety must possess a three-year tax clearance certificate and their addresses must be verified by the prosecutor.
The case was adjourned until May 16, for mention.
Man arraigned over alleged fake cash transfer