By Bright Bassey
A man, Michael Ogbodo, 32, has been arraigned before a Tinubu Magistrate Court for allegedly defrauding one James Umeh to the tune of $80,000, equivalent of about N25 million for a boat charter.
According to court documents, the accused alongside his accomplices at large promised Umeh a refund within 45 days after the transaction took place.
His offence committed in August 2016 contravened section 312 and 278 of the Criminal Law of Lagos state 2011.
He pleaded not guilty to the two count charge against him.
The Magistrate, M. B Folami however granted him a bail of N2 million with two sureties in like sum. She adjourned the case till 29 December, 2016.