{"id":24150,"date":"2024-03-27T11:02:46","date_gmt":"2024-03-27T11:02:46","guid":{"rendered":"https:\/\/nigerdeltanews.ng\/efcc-arraigns-businessman-for-allegedly-issuing-n8-5m-dud-cheque\/"},"modified":"2024-03-27T11:02:46","modified_gmt":"2024-03-27T11:02:46","slug":"efcc-arraigns-businessman-for-allegedly-issuing-n8-5m-dud-cheque","status":"publish","type":"post","link":"https:\/\/nigerdeltanews.ng\/efcc-arraigns-businessman-for-allegedly-issuing-n8-5m-dud-cheque\/","title":{"rendered":"EFCC arraigns businessman for allegedly issuing N8.5m dud cheque"},"content":{"rendered":"<div>\n<p>The Economic and Financial Crimes Commission, EFCC, on Wednesday, arraigned a businessman, Michael Chibuzo, for the alleged issuance of a N8.5 million dud cheque.<\/p>\n<p>EFCC charged Chibuzo, alongside his firm, Two Stars Enterprise Ltd., at a Kaduna High Court, with the issuance of dud cheques and fraud.<\/p>\n<p>The EFCC Counsel, Nasiru Salele, told the court that the defendant committed the offences on January 2.<\/p>\n<p>According to Salele, the defendant, who was the Managing Director of Two Star Enterprise Ltd, took a loan of N8.5 million from the complainant, Rita David.<\/p>\n<p>The prosecution said for the repayment of the loan, the defendant issued David a post-dated GT Bank cheque of N8.5 million to be cashed after two months.<\/p>\n<p>He added that the cheque was, however, dishonoured when it was presented at the bank and all efforts made by the complainant to get her money back were abortive and unsuccessful.<\/p>\n<p>Salele said the offences contravened the Advanced Fee Fraud and Other Related Offences Act 2006.<\/p>\n<p>The defendant pleaded not guilty to the charges.<\/p>\n<p>The defence counselor, Gabriel Ede, applied for bail on behalf of his client, stating that the defendant would not jump bail and would provide the bail conditions as required.<\/p>\n<p>The prosecution, however, did not oppose the bail application.<\/p>\n<p>The Judge, Justice M. Tukur, granted the defendant bail in the summer of N2 million with two sureties in like sum.<\/p>\n<p>According to the judge, one of the sureties must be a blood relation of the defendant and the second must have a landed property in Kaduna with genuine land document.<\/p>\n<p>Tukur added that the sureties must reside within the court\u2019s jurisdiction and adjourned the case until April 30 for a hearing.<\/p>\n<p>EFCC arraigns businessman for allegedly issuing N8.5m dud cheque<\/p>\n<\/div>\n","protected":false},"excerpt":{"rendered":"<p>The Economic and Financial Crimes Commission, EFCC, on Wednesday, arraigned a businessman, Michael Chibuzo, for the alleged issuance of a&hellip;<\/p>\n","protected":false},"author":1,"featured_media":24151,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1611,384,15],"tags":[1614,387,180],"class_list":["post-24150","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-efcc","category-metro","category-news","tag-efcc","tag-metro","tag-news"],"_links":{"self":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/24150","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/comments?post=24150"}],"version-history":[{"count":0,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/posts\/24150\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media\/24151"}],"wp:attachment":[{"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/media?parent=24150"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/categories?post=24150"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/nigerdeltanews.ng\/wp-json\/wp\/v2\/tags?post=24150"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}