Gbenro Adesina
Princess Toluwalade John Olateru-Olagbegi of Owo Kingdom was yesterday arraigned before Justice Uche Agomoh of the Federal High Court sitting in Ibadan, capital of Oyo State, for collecting N35.5million from a Nigerian businessman, Julius Olorunsogo Alase.
Olateru-Olagbegi, who resides at Bodija Area of Ibadan was arraigned on one count charge bordering on obtaining money by false by Economic and Financial Crimes Commission, EFCC, Ibadan Zonal Command.
A charge sheet read to the accused stated, “That you, Toluwalade John Olateru-Olagbegi on or about 4th of March, 2021, at Ibadan within the Ibadan Judicial Division of this Honourable Court with intent to defraud, obtained the sum of Thirty Five Million and Five Hundred Thousand Naira (N35,500,000:00) only from Julius Olorunsogo Alase (a Nigeria Businessman) on behalf of Lusan Royal Trading by false pretending it was part payment of cost of an inflow of One Million United States of America Dollars (USD $1,000,000:00) only you claimed to have secured for him; which representations you knew to be false and you thereby committed an offence contrary to section 1(1)(a) and punishable under section 1(3) of the Advance Fee Fraud and Other Fraud Related Offences Act 2006”.
Justice Agomoh, thereafter, ordered the accused to be remanded in the Nigerian Correctional Centre, Agodi and adjourned the case till October 25, 2021, for hearing of the bail application and November 15, 2021 for commencement of trial.
