EFCC ARRAIGNS BUSINESSMAN FOR N1.2 MILLION DUD CHEQUE

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The Economic and Financial Crimes Commission, EFCC, on Monday April 10, 2017 arraigned one Fatai Siyanbola Adebisi before Justice M. O. Opara of the Rivers State High court sitting in Port Harcourt, on a one- count charge bordering on issuance of dishonored cheque to the tune of One Million, two Hundred and Sixty Thousand Naira (N1, 260, 000.00).
Adebisi allegedly presented a Fidelity Bank cheque of N1, 260,000.00 for the repayment of a loan he obtained from the complainant, Evaca Nigeria Limited, which on presentation at the bank was dishonored due to insufficient funds, He pleaded not guilty to the charge when it was read to him.
In view of his plea, counsel to EFCC, E. Abbiyesuku, urged the court to fix a date for the commencement of trial.
However, the defence counsel, C. N. Ogbonna, told the court that he has filed an application for bail with same served to the prosecution.
He prayed the court to grant his prayers and grant his client bail. Justice Opara granted the defendant bail in the sum of one million naira with two sureties in like sum. The sureties must be within the jurisdiction of the court. The sureties must depose to an affidavit of means with two recent passports photograph. The sureties are to be verified by the court.  The defendant is to be remanded in EFCC custody pending the perfection of his bail. The case has been adjourned to 12 April, 2017 for hearing.

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