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A Lagos based businessman, Tajudeen Sanusi who resides at no. 22 Olufemi Samson Ajose, Ilasamaja has been arraigned before the Isolo Magistrate Court on four count charge of felony to wit, stealing, fraudulent transaction and issuance of dud cheque.
The court was told how the 47-year-old had on 7th day of July, 2017, fraudulently obtained a submersible pump worth N3 million under false pretence.
He subsequently issued a dud cheque of Zenith Bank with the serial number 32355592.
Both offences, which are criminal offences, are punishable under section 325 and 372 of Lagos State Criminal Law, 2015.
The police also pressed charges of stealing against Tajudeen Sanusi and his accomplices for stealing a submersible pump worth N3m, a property of O.B.D Interlink.
This makes them guilty of stealing, in section 314 of Lagos State Criminal Law of 2015.
The suspect pleaded not guilty to any of the offences and was subsequently granted 50 thousand naira (#50,000) bail with two sureties in like sum, both which must provide 3 years tax evidence and address validation.
Lastly, the case, which was presided over by the Chief Magistrate Admin A.O Adedayo was adjourned to 11th of September 2017 for trial.